From the session on “’The Myths of Anti-trust’ 40th Anniversary,” presented at the Austrian Economics Research Conference. Recorded 23 March 2013 at the Ludwig von Mises Institute in Auburn,
Unlike the War on Poverty, the War on Drugs is a real and bloody war by the United States against a minority group known as drug buyers and sellers, writes Randall Holcombe. This audio Mises Daily is narrated by Allan
The F. A. Hayek Memorial lecture, sponsored by Greg and Joy Morin. Recorded at the Mises Institute on March 23, 2019. Includes an introduction by Joseph T. Salerno. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School, bringing together leading scholars doing research in this vibrant and
In the 1940s, economist Friedrich Hayek said in his book, “The Road to Serfdom,” that the road to serfdom was socialism. Economist Joseph Schumpeter, in “Capitalism, Socialism, and Democracy,” feared that socialism would displace capitalism even though capitalism was a better system. In the 21st century, self-proclaimed socialists like Sen. Bernie
At the beginning of the twentieth century, President Teddy Roosevelt’s foreign policy was, “Speak softly and carry a big stick.” At the beginning of the twenty-first, President Obama’s policy appears to the the opposite: “Speak loudly and carry a small stick.” President Obama threatened Syria not to step over a “red line” by using chemical weapons
Supporters of the welfare state might see it as a mechanism for transferring income from rich to poor with the idea of helping those at the bottom end of the income distribution, but in the United States, the welfare state is increasingly transferring income from the young to the old, regardless of the wealth or income of the transfer recipients.
I often find myself disagreeing with Cynthia Tucker, the Progressive journalist and professor , so I was happy to read a recent column of hers , on the farm bill that just passed the House, and find that she and I share some common ground on our views toward government. She considers the bill an example of congressional priorities that “protect
by Chris Rossini Hjalmar Schacht was Hitler’s economic guy. According to Wikipedia , Schacht: ”became a supporter of Adolf Hitler and the Nazi Party, and served in Hitler’s government as President of the Reichsbank and Minister of Economics. As such, Schacht played a key role in implementing the policies attributed to Hitler.” Now, we all know
by Ira Katz As 2014 begins I, like all sensible people, ponder how long the dollar can last, for both my personal financial decisions and as a world event of the greatest importance. Empires can be sustained only as long as they can be economically sustained. The Soviet withdraw from Afghanistan was certainly not for any normal human or moral
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.