The Free Market 24, no. 4 (April 2004) This dreadful election season will spew forth many promises by politicians to “lead us into the future.” I can hardly think of a worse fate for any society than to be led into the future by the political class of gangsters, marauders, looters, and liars. Fortunately, they haven’t the capacity to lead whole
The Free Market 24, no. 5 (May 2004) I am often asked about career paths for freedom lovers. How can one combine professional life with the advancement of liberty? Let’s admit at the outset that it is presumptuous to offer any answer since all jobs and careers in the market economy are subject to the forces of the division of labor. Because a
The Free Market 24, no. 8 (August 2004) At our conferences and programs, the students who attend are the first to have been educated in the age of information. Nearly all the students now attending were born on or after the year of our founding (1982). The Mises Institute went online in 1995, about the time that web browsers were becoming more
The Free Market 24, no. 9 (September 2004) In a growing economy with sound money, the purchasing power of your money should and would be always on the rise. Your dollar would buy more this year than last year, not only in terms of quality improvements but also in terms of price. This is another way of saying that prices would constantly fall for
The Free Market 24, no. 10 (October 2004) Just about everyone you talk to these days admits serious dissatisfaction with the election choices this year. And yet most people will eventually decide for the “lesser of two evils”—whatever that is, and there is probably no way to know in advance—realizing that no real viable option is going to
The Free Market 24, no. 11 (November 2004) The newest political cliché offered up by the Republicans speaks of the need for an “Ownership Society.” To those of us who support private property, it might sound good at first. But let us think about this before embracing it. If you see what the pundits are saying, you find that, like the term
The Free Market 24, no. 12 (December 2004) H ans F. Sennholz, winner of the 2004 Gary G. Schlarbaum Prize for Lifetime Achievement in Liberty, is one of the handful of economists who dared defend free markets and sound money during the dark years before the Misesian revival. He did so with eloquence, precision, and brilliance. He has never tired
There are different forms of tyranny. There is tyrannus in regimine , a home-grown despot who comes to power through (more or less) legitimate means and then begins to abuse that power and oppress people. If the tyrannus in regimine plays his cards right, he can pay off enough and protect enough interest groups to stabilize his rule. In terms of
Year’s end is the time for big thoughts, so here are mine. The most significant socio-political shift in our time has gone almost completely unremarked, and even unnoticed. It is the dramatic shift of the red-state bourgeoisie from leave-us-alone libertarianism, manifested in the Congressional elections of 1994, to almost totalitarian statist
Perhaps the most ghastly aspect of wartime is how, in the name of fighting tyranny abroad, the US takes such strides in imposing it at home, thereby absorbing into our own political system the very thing we are supposedly combating. This happened in the Cold War. And today, one wonders what institutions from radical Islam the US will absorb in the
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.