Via Marginal Revolution , I see that Foreign Policy and the UK Prospect are asking readers to vote on the top five living intellectuals. Hernando de Soto and Pope Benedict XVI are rightly nominated, but Mises readers can probably think of other important names that were somehow overlooked -- which is why it’s a good thing they’re also asking you
Without government courts, how would consumers find redress against businesses that rip them off? That’s the question I answer, in part, in my article, “ Free-Market Justice is in the Cards ,” published in the April 2005 issue of The Freeman . Free-market justice is merely business as usual for the credit card companies who settle disputes every
Economists discover bubbles (NYTimes, free subscription or bugmenot.com ), and ponder what causes them. While the struggling economists make plausible (if obvious) theories as to why bubbles persist, no where in the article are the root causes of bubbles explored (such as expansionist monetary policies). Of course, the author, Princeton economist
Though not strictly Austrian in analysis, this new article from Bruce Benson in the Independent Review is worth reading for its strong attack on the fallacy put forth by Richard Epstein and others that we must have eminent domain, especially to build roads, because of the “holdout problem.” He also makes the case for private provision of roads.
Review of Restoring the Lost Constitution: The Presumption of Liberty , by Randy E. Barnett (Princeton University Press, 2004). [This review appears in the Journal of Libertarian Studies ] Randy Barnett is among the world’s leading libertarian academics and lawyers, perhaps second only to Richard Epstein in influence. In fact, Mr. Barnett has
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.