The destruction and suffering in Myanmar from the recent killer cyclone is incalculable. The death toll, which is rising by the thousands daily, has now been predicted to top 100,000 people. President Bush, after initially authorizing $250,000 in US aid, has now pledged an additional $3 million to help the people of Myanmar. The real question,
Although John Médaille has worked in management at large corporations, he doesn’t like large corporations. He also doesn’t care much for the Federal Reserve, government bailouts, socialism, Keynesianism, centralization, and what passes for capitalism nowadays. But, he likewise disdains advertising, gold, landlords, high executive salaries,
Editors note: This selection is from chapter 7 of Laurence Vance’s War, Empire, and the Military: Essays on the Follies of War and U.S. Foreign Policy , now available in the Mises Store. The WikiLeaks revelations have shined a light on the dark nature of U.S. foreign policy, including, as Eric Margolis recently described it: “Washington’s
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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.