Investor’s Business Daily , July 23, 1998, runs an outstanding article on school vouchers, explaining with stunning clarity that vouchers constitute not choice but welfare: School Choice or Bigger Government? “Milwaukee’s Reform Came Wrapped In Red Tape” by Michael Chapman School vouchers have been sold as a winning way to give parents a choice of
Investor’s Business Daily September 3, 1998 Perspective “Dollar Contrarians” The Federal Reserve says that more than half of all U.S. currency is now held overseas. The dollar has now become the currency of choice for much of the world. And it has replaced gold as the global financial standard. That has some economists worried. “What happens if
Investor’s Business Daily September 17, 1998 Trouble In The U.S.? What goes up must come down. Asian economies have proved that old saying true. Some economists say the U.S. may soon show the same principle at work, too—for many of the same reasons. Are they right? “The great Asian boom of 1988-97 was doomed from the outset,” wrote Jim Walker,
This editorial, which ran in Investor’s Business Daily , deals with the Austrian theory of economic downturns. Perspective Investor’s Business Daily Tuesday, October 13, 1998 Austrian Advice Everyone agrees that U.S. economic growth will slow greatly next year. It’s becoming more likely each day that the U.S. will go into a recession. So what
Editorial in Investor’s Business Daily October 21, 1998 The Hollow Case Against Microsoft Washington’s arrogant trustbusters have finally put Microsoft on trial. With Bill Gates and the software giant firmly in the government cross hairs, are the feds going for the kill? Maybe. A government attorney told the court Monday that Microsoft Corp.’s
Economists Say Politicians Can’t Resist Inflation Investor’s Business Daily Date: 11/17/98 Author: Michael Chapman Central banks are supposed to be independent - immune from political pressures. But bankers in Asia and Russia aren’t acting that way. Recent economic slowdowns have led to one response: inflation. German politicians are leaning on
The Roosevelt Myth by John T. Flynn is the best book ever written on the New Deal, the drive to war, and the terrible consequences of the FDR presidency. A new edition of the book, with a brilliant introduction by Ralph Raico, is now available for $25 (hardback) on mises.org. See The Roosevelt Myth The Investors Business Daily (Dec 3, 1998) ran
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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.