A mere ten days ago, public awareness of Hayek’s classic, The Road to Serfdom , exploded . The Mises Academy, with the reflexes and nimbleness that you’ll only find with an online, consumer-driven university, has turned on a dime to seize the moment. In the weeks that follow, thousands of conservatives will be receiving a moving and powerful
From the Dirty Dancing Wikipedia article Later, Baby discovers that Johnny’s dance partner Penny Johnson ( Cynthia Rhodes ) is distraught over being pregnant by Robbie Gould ( Max Cantor ), the womanizing waiter who is dating and cheating on Lisa, Baby’s sister. Baby learns that Robbie plans to do nothing about the pregnancy as he says “Some
Apple recently passed up Microsoft in market capitalization to become the world’s most valuable technology company. Check out this nice New York Times chart , which tracks the two companies’ market caps since 1990. Cursor over the little “i” flags to see company-history
This post is one in a series entitled Posthumous Refutations . Previously in this series: The Starvation Brink, Victorian England, and the Santa Claus Principle . Christina Romer, chair of the President Obama’s Council of Economic Advisers, is beaming with pride in the Wall Street Journal over Cash for Clunkers purportedly being “successful in
This post is one in a series entitled Posthumous Refutations . Previously in this series: Cash for Cranks . Here is a statement release from Christina Roemer, quick to take today’s employment report as... ...the most hopeful sign yet that the stabilization of financial markets and the recovery in economic growth may be leading to improvements in
Apparently Bernanke is not able to rule the Federal Reserve System with as tight of an iron fist as Greenspan did. Some soundness of thought is creeping in between his fingers. From the New York Times : A lone dissenter on the Federal Reserve’s policy-making committee warned Friday that the central bank’s monetary strategy could backfire and touch
”I do not ask that you place hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break in pieces.” -Étienne de La Boétie
Mises wrote , “No foreign aggressor can destroy capitalist civilization if it does not destroy itself.” This implies that the sole way a foreign aggressor can contribute toward capitalist civilization’s destruction is to goad it into destroying itself. That was what Osama Bin Laden was trying to do all along. And the war party (along with its
This post is one in a series entitled Posthumous Refutations . Previously in this series: What That Jobs Report Might Really Mean . This series sets the writings of Mises, Rothbard, and other departed Austrian economists against the economic illiterates staffing today’s punditry. Of course, while it might seem more fitting to set quotes from such
This post is one in a series entitled Posthumous Refutations . Previously in this series: Safeway and Consumer Sovereignty in Oakland, CA . After doubling down on Afghanistan, President Obama is proving a profligacy to rival that of his predecessor as he announces that he’s going to double down on fiscal stimulus as well (h/t Spideynw in the Mises
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.