Days after Netflix reported bad earnings and an “unexpected” hit to their subscriber base, CNN announced that it had pulled the plug on its own brand-new streaming service, CNN+. Despite arguments to the contrary from the parent company, the CNN+ adventure turned out to be a costly mistake that attracted few subscribers and a paltry number of
Libertarianism: John Hospers, the Libertarian Party’s 50th Anniversary, and Beyond edited by C. Ronald Kimberling and Stan Oliver John Hospers Philosophy Foundation, 2021 The Libertarian Party needs people to chronicle its history, and this book is an accessible source of information beginning with its founding days. As one institution in the
[In recent months, Senior Fellow Mark Thornton has been covering today’s economy in detail in his Minor Issues podcast, so we asked him some questions about where the economy is headed now.] Mises Institute : You’ve become notable for the idea of the “skyscraper curse,” which is an illustration of how an inflationary economy can lead to more and
Chairman of the Federal Reserve, Jerome “Jay” Powell, recently sent mysterious shock waves into financial markets with comments that suggested that Fed rate cuts might come sooner than expected. Stock and bond markets took this as a good sign. They were already in a Santa Claus rally and broke out to new highs for the year. The interest rate on
Not many people know that Oregon decriminalized all drugs through a ballot initiative. The Wall Street Journal recently ran an article: “Oregon Decriminalized Hard Drugs: It Is Not Working.” The question here is, why not? In 2020, the State of Oregon decriminalized all drugs, including hard drugs such as heroin, crystal meth, which you will
Greenwashing is a relatively new term to describe false and misleading claims that a product or business practice has environmental benefits. The point is that companies can advertise their efforts as “green” while continuing various profitable activities that environmentalists consider “harmful,” gaming the system and profiting off
As we start the new year, what might we expect to see in the year 2024? What are the likely surprise s? And what is not even talked about at all by the MSM, but is on the minds of many Americans? ***** It’s a presidential election year, which many prognosticators claim should be a normal-to-good year in the stock market as incumbent politicians
Anyone who wants cuts in the size and scope of government should be concerned and frustrated with the policies of President George Bush and the Republican-controlled Congress. Government spending has increased enormously and the federal budget has plunged ever more into deficit. Protectionism, regulation and government power are on the rise, and
As the economic debacle facing Americans continues to materialize, those responsible are running for cover with ten Republican senators refusing to attend their own national convention. Four years ago we observed that the so-called “Republican philosophy” of small government, sound money, and balanced budgets was illusory in terms of the history
This article originally appeared in The Free Market , September 1999. The Mississippi River Basin is the largest river basin in the world, and stretches from New York to Idaho and from Canada to the Gulf of Mexico. In the course of American history, the river often flooded, but not until 1927 had so many people been killed and left homeless and
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
