Peter Klein mentioned the Acemoglu-Robinson book, so I thought my review of it might be of interest: Block, Walter E. 2013. “A 1,000-Year Tour,” Book review of Why Nations Fail: The Origins of Power, Prosperity and Poverty, by Daron Acemoglu and James A. Robinson. Crown Business, 544 pages; Barron’s , February 4;
Here I discuss how Free Market Environmentalism is not a contradiction. I argue that adhering to strict Property Rights is best for the environment. I explain The Tragedy of The Commons which is essential within this topic of Free Market Environmentalism. I provide historical examples to buttress the market fighting pollution and species
Here I reveal the two most important tenets of Libertarian thought, I also show how to see things through the prism of Libertarianism. Is government compatible with Libertarianism? Is it necessarily a violator of Libertarian principles and finally is The United States like a club? I explain this and more
In 1990, Murray Rothbard wrote on the realities of government budget ‘crises’ and how they often seem to end up demanding that the taxpayers “sacrifice” or that the American people join in “fair sharing of the pain.” (Source: Making Economic Sense) In politics fall, not spring, is the silly season. How many times have we seen the farce: the crises
Here I discuss inflation China, Mao, WWII, Hong Kong’s Capitalism, Government Shutdown, Stock Market, Obama’s spending, Debt Ceiling, Farming, Welfare, Green Environmentalists, Federal Reserve, Ron Paul, Bailouts, and Unions with Merlin Rothfeld and John O’Donnell on Power Trading Radio! Walter Block on Power Trading
Here I discuss the following on The GeekDotEdu Youtube channel River Rights, Roads, Sewer pipes, Water Pipes, Gas lines, in a Libertarian Society, Fractional Reserve Banking, Inflation, Austrian Business Cycle, Carl Menger’s view on money and Bitcoin. I also speak about The Libertarian view on the two theoretical forms of Unions and The Right to
Thursday is the 40th Anniversary of the death of Ludwig von Mises. First, let me start out with a bit of braggadocio. I must be one of the few people, still living, who has actually shaken hands with Ludwig von Mises (and never washed his hand afterward; so, if you shake hands with me, you come off a bit smelly, but you can directly channel Mises
Here I debate Monetarist Stephen Kirchner at a Mises event in Australia. The debate was scheduled to be on the business cycle. However we also debated Mises’s views, Rothbard’s views, Milton Friedman’s views, The Federal Reserve and much
The Free Market 26, no. 10 (October 2005) K atrina gave the Gulf region of the United States a lesson in government failure, and how. In the weeks following the hurricane, it became clear that most of the destruction was not the work of Mother Nature but those who are charged with preventing precisely such disasters as this. To begin on a
Peter Klein discusses who should make the decisions to best allocate scarce resources and time.
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.