The Free Market 24, no. 5 (May 2006) The question that no one seems to be asking is: where would General Motors be without the government-backed unions that have come to dominate its management? The answer, of course, applies to Ford and Chrysler, as well as to General Motors. I’ve singled out General Motors because it’s still the largest of the
Having just read today’s New York Times’ lead page-one article titled “Massachusetts Sets Health Plan for Nearly All,” I think I know what it must be like to live in some place like Caracas and participate in a popular celebration of the joyous wonders wrought by La Revolución. That’s certainly the spirit of the article. It claims in essence to
Illegal immigrants are overwhelming the resources of the Welfare State: government–funded hospital emergency rooms are filled with them; public schools are filled with their children. On the basis of such complaints, many people are angry and want to close the border to new illegal immigrants and deport those who are already here. They want to
“They know this company doesn’t care anything about them,” so says a UAW official, local Huntsville president, Terry Scruggs. And he’s talking about Delphi Corp, the employer of those neglected orphans that nobody cares about. Delphi, as the financially informed world knows, has crippling problems. Amazing statement by Mr Scruggs. He expects
Prof. Richard Lindzen, a genuine climate expert from MIT, has written a very valuable op-ed piece in The Wall Street Journal describing the role of government funding and media hype in discussions of global warming. The article can be accessed here . The article appeared yesterday, April 12,
Few issues are more frequently commented on than the shifting of American manufacturing to locations outsides the United States, in order to take advantage of lower foreign wage rates, particularly in Asia. This shifting is what is meant by “offshoring.” With equal or greater frequency lamentations are heard concerning the United States’ chronic
Congressmen no longer read the bills they vote on and thus do not require them to make sense. (The latest example is the passage of a bill by the House of Representatives making “price gouging” illegal while leaving it undefined .) They leave it to the President and the Supreme Court to sort things out. U nfortunately, the present President
In his New York Times column of June 3, Joseph Nocera asks: who among our better novelists has put business front and center? . . . Tom Wolfe comes to mind, of course; his first novel, “Bonfire of the Vanities,” tackled Wall Street in the 1980’s, while “A Man in Full,” his second novel, had real estate as its backdrop. Surely, though, there must
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.