The Free Market 14, no. 9 (September 1996) In a state-funded education system, bad ideas live longer than they would in a free market. That’s the best explanation for the staying power of the two opposing errors of our time: nihilism and pseudo-omniscience in the social sciences. Nihilism comes in the form of postmodernism, a pretentious body of
The Free Market 14, no. 10 (October 1996) The good news is that supply-siders want to cut taxes. The bad news is...well, let’s accentuate the positive for the moment. The supply-siders reject Washington’s tendency to think in static terms. To most politicians and bureaucrats, the economy is a pie for the tax collectors and special interests to
The Free Market 14, no. 11 (November 1996) It’s a myth that the Federal Reserve is independent of politics. It’s a lie so brazen, in fact, that it’s fit only for Fed press releases. Every administration, to take just one example, tries to get the Fed chairman to time monetary policy so as to insure its reelection. Fed chairmen will play along,
The Free Market 14, no. 12 (December 1996) According to official history, the 104th Congress doomed itself when it shut down the government to force its budget priorities on the president. People got up in arms and demanded that government be reopened. This taught the people and their representatives a valuable lesson. As much as we may
The Free Market 15, no. 1 (January 1997) Which is a greater cause of cultural and moral decline: the private sector or the government? Asked another way, which is doing more to promote a return to civilized social norms: the market or the central state? The answer highlights a dividing line between left and right. Robert Bork’s book Slouching
The Free Market 15, no. 2 (February 1997) Academic fraud has never been more acceptable. Works of literature are purged of material contrary to the latest political fad. Photographs are airbrushed to exclude incorrect habits like smoking. Movies with the wrong message are cut. The same is true in economics, and the most recent con job involves
The Free Market 15, no. 3 (March 1997) They should have called it the Federal Advisory Panel for a Huge and Sneaky Tax Increase and a Massive Increase in Corporate Welfare. That—and not “privatization”—is the real upshot of what the advisory counsel to fix Social Security recommended. We’re not talking here about minor subsidies and taxes, but a
The Free Market 15, no. 4 (April 1997) Washington’s sudden fixation on campaign finance won’t bring about honesty in government, and it won’t increase anyone’s liberty. But it does give the public a real-world civics lesson. For it shows that government is no neutral arbiter of justice, but a corrupt scheme by which the politically powerful
The Free Market 15, no. 5 (May/June 1997) The most encouraging trend of our time is the widespread loss of faith in government. No longer do people look to the government as the great problem solver, economic planner, social unifier, or cultural czar. The government is more likely to be seen for what it is, a haven for grafters, liars, and
The Free Market 15, no. 7 (July 1997) If you love bad news, devote your life to studying government. You’ll learn about the colossal waste of NASA, the diseases spread by the school-lunch program, the lies of the FBI, the corruption subsidized by foreign aid, and the debauchery of the military base. So where can we turn for good news? To private
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.