[Chapter 11 of The Myth of National Defense: Essays on the Theory and History of Security Production , edited by Hans-Hermann Hoppe (Auburn, Ala.: Mises Institute, 2003), pp. 369–413.] Few people object to the private production of shoes or rock concerts. But almost everybody believes that certain goods cannot be produced on a purely voluntary
I just received an intriguing email. The author suggests that Ayn Rand’s novel Atlas Shrugged features Ludwig von Mises in one of the secondary roles (yet still as a hero). I had not at all seen the point that my correspondent raises, but I think he is right. When I wrote the Mises biography, I did not take the time to look up Atlas Shrugged
Monetary policy is in turmoil. Ever since the financial crisis erupted eight years ago, major central banks have fundamentally reformed the way they create and absorb money. Their activism has failed to extinguish the fires. There are already plans to equip monetary policy with new tools, such as the elimination of cash and “helicopter money” in
Tax Tyranny by Pascal Salin Cheltenham, UK: Edward Elgar, 2020, 224 pp. Jörg Guido Hülsmann (guido.hulsmann@univ-angers.fr) is Professor of Economics at the University of Angers. Pascal Salin is one of the most important Continental European economists. Throughout his career, he has developed and defended the principles of a free society against
It is well known that socialism is a shortage economy. It is the economy of inefficiency and corruption, of indifferent workers and of bigwigs, of lacking spare parts, of lacking funds, of failure, of permanent reform needs and of constantly unsuccessful reforms. This concerns in particular total socialism , as it was realized in the Soviet Union
[Capítulo 11 de The Myth of National Defense: Essays on the Theory and History of Security Production , editado por Hans-Hermann Hoppe (Auburn, Ala.: Mises Institute, 2003), pp. 369-413]. Pocos se oponen a la producción privada de zapatos o de conciertos de rock. Pero casi todo el mundo cree que ciertos bienes no pueden producirse de forma
Acabo de recibir un correo electrónico intrigante. El autor sugiere que la novela de Ayn Rand, Rebelión de Atlas , presenta a Ludwig von Mises en uno de los papeles secundarios (aunque sigue siendo un héroe). No había visto en absoluto el punto que plantea mi corresponsal, pero creo que tiene razón. Cuando escribí la biografía de Mises, no me tomé
La política monetaria está en plena ebullición. Desde que estalló la crisis financiera hace ocho años , los principales bancos centrales han reformado fundamentalmente su forma de crear y absorber dinero. Su activismo no ha logrado apagar los incendios. Ya hay planes para dotar a la política monetaria de nuevas herramientas, como la eliminación
Tax Tyranny por Pascal Salin Cheltenham, Reino Unido: Edward Elgar, 2020, 224 pp. Jörg Guido Hülsmann (guido.hulsmann@univ-angers.fr) es profesor de economía en la Universidad de Angers. Pascal Salin es uno de los economistas más importantes de Europa continental. A lo largo de su carrera, ha desarrollado y defendido los principios de una sociedad
Es bien sabido que el socialismo es una economía de escasez. Es la economía de la ineficacia y de la corrupción, de los trabajadores indiferentes y de los peces gordos, de la falta de repuestos, de la falta de fondos, del fracaso, de las necesidades permanentes de reforma y de las reformas constantemente fracasadas. Esto se refiere en particular
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.