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The Free Market 3, no. 7 (July 1986)   For many years, America’s campuses have been sunk in political apathy. The values of the 1950s are supposed to be back, including concentration on one’s career and lack of interest in social or political causes. But now, suddenly, it begins to seem like a replay of the late 1960s: demonstrations, placards,

The Free Market 4, no. 2 (February 1986)   I: Keynesians and Fixed Exchange Rates, 1944–73 The world is in permanent monetary crisis, but once in a while, the crisis flares up acutely, and we noisily shift gears from one flawed monetary system to another. We go back and forth from fixed paper rates to fluctuating rates, to some inchoate and

The Free Market 4, no. 9 (September 1986)   In the last few months, the Reagan administration seems to have achieved the culmination of its “economic miracle” of the last several years: while the money supply has skyrocketed upward in double digits, the consumer price index has remained virtually flat. Money cheap and abundant, stock and bond

The Free Market 4, no. 11 (November 1986)   September 1986 is an historic month in the history of United States monetary policy. For it is the first month in over fifty years—thanks to the heroic leadership of Ron Paul during his four terms in Congress—that the United States Treasury has minted a genuine gold coin. Gold coins were the standard

The Free Market 4, no. 2 (February 1986)   It is a common myth that the near-disappearance of the whale and of various species of fish was caused by “capitalist greed,” which, in a short-sighted grab for profits, despoiled the natural resources—the geese that laid the golden eggs—from which those profits used to flow. Hence, the call for

The Free Market 5, no. 2 (February 1987)   Winter is here, and for the last few years this seasonal event has meant the sudden discovery of a brand-new category of the pitiable: the “homeless.” A vast propaganda effort has discovered the homeless and abjured us to do something about it—inevitably to pour millions of tax-dollars onto the problem.

The Free Market 5, no. 4 (April 1987)   Not all hard-money supporters favor the gold-coin standard or any Treasury minting of gold coins. A few “purists” charge those of us who advocate a gold standard with being “gold socialists” because the Treasury would, at least initially, be minting the gold coins. Why not, they say, simply start minting

Free-market advocates are clear about what should be done about government services and operations: they should be privatized. While there is considerable confusion about how the process should be accomplished, the goal is crystal-clear. But apart from trying to speed up privatization, and also forcing that process indirectly by slashing the

[From Anatomy of the State (1974).] Listen to the Audio Mises Wire version of this article . The State is almost universally considered an institution of social service. Some theorists venerate the State as the apotheosis of society; others regard it as an amiable, though often inefficient, organization for achieving social ends; but almost all

[Previously unpublished online; Faith and Freedom 2, no. 7 (March 1951). ] Jeffersonian or Hamiltonian? Every college student, indeed every literate person, is expected to choose up sides and pin a label on himself in the Great Debate. Most people today consider themselves as Jeffersonians. Groups as diverse as the States’ Rights (or Dixiecrat)