The Free Market 14, no. 8 (August 1996) “We Russians are doomed to teach mankind,” wrote philosopher Grigory Chaadayev in 1848, “some awful lesson.” The lesson turns out to be more than proving socialism’s brutality and futility. It is also about the unlikelihood that elections alone will resolve a deep social and economic crisis. After the
The Free Market 15, no. 4 (April 1997) It is the widespread view in academia that John Maynard Keynes was a model classical liberal in the tradition of Locke, Jefferson, and Tocqueville. Like these men, it is commonly held, Keynes was a sincere, indeed, exemplary, believer in the free society. If he differed from the classical liberals in some
The Free Market 15, no. 9 (September 1997) The 50th anniversary of the Marshall Plan provided another occasion for the media to celebrate the government’s good works. The U.S.’s headlong plunge into global welfarism (nearly $100 billion in current dollars), they said, saved European economies after the Second World War. One reporter, Garrick
The Free Market 16, no. 1 (January 1998) China is undergoing one of the great economic transformations in human history. It has moved from communism toward what it calls “market socialism” at breakneck pace, and enjoyed double-digit economic growth as a result. As an inevitable consequence, the grip of central state power has begun to relax.
The Free Market 16, no. 4 (April 1998) British Prime Minister Tony Blair apologized for doing “too little” in response to the Irish Potato Famine of the 19th century that killed one million people and brought about the emigration of millions more. But in fact, the English government was guilty of doing too much. Blair’s statement draws attention
The Free Market 17, no. 8 (August 1999) In 1997, a stupendously expensive film was made about the sinking of the Titanic, and the film was stupendously popular. Its success was hardly surprising. Eighty-seven years after the Titanic’s fatal encounter with an iceberg, her story remains intensely interesting--and deservedly so. It is one of the
The Free Market 17, no. 10 (October 1999) This year marks the 250th birthday of Johann Wolfgang von Goethe, the greatest of all German writers and poets and one of the giants of world literature. In his political outlook, he was also a thorough-going classical liberal, arguing that free trade and free cultural exchange are the keys to authentic
The Free Market 17, no. 12 (December 1999) Thank goodness this bloody century, the era of communism, national socialism, fascism, and central planning-in short, the century of government worship-is coming to an end. May we use the occasion to re-pledge our allegiance to human freedom, which is the basis of prosperity and civilization itself, and
The Free Market 18, no. 2 (February 2000) In The Foundations of Leninism, Stalin declared “For the overthrow of the bourgeoisie, we must have the efforts of the proletarians of several advanced countries.” What he secured instead was the slavish devotion of Western intellectuals who claimed to represent the proletariat: left intellectuals. With
The Free Market 5, no. 3 (March 1987) I’ve lectured about “The Origin, Nature, and History of Money from an Austrian Perspective” in the United States a couple dozen times. But until it actually happened last November, I never expected to do it in socialist Poland. I spent a week there, living with and interviewing activists in the Polish
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.