[This article is excerpted from a talk delivered on February 22, 2020 at the Austrian Student Scholars Conference, hosted by Grove City College in Pennsylvania.] I. Introduction What a wonderful gathering of students today, on this impressive and beautiful campus. We can see why Hans Sennholz loved this place, and why Drs. Herbener and Ritenour so
Professor Janek Wasserman, to his credit, is not a polemicist. His new book The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas is indeed a critique of the broad school of economic thought now colloquially referred to as “Austrian,” but it is not only that. It is also a lively and well-paced history of the astonishing
“South Dakota is not New York City.” A seemingly innocuous statement, made last Wednesday by Governor Kristi Noem in response to calls for her to issue a coronavirus shutdown across a state with the motto “Under God the People Rule.” South Dakota, after all, is one of the least densely populated states in the vast American West. Surely local
This text is excerpted from the introduction to Anatomy of the Crash , a Mises Institute ebook released in April 2020. Listen to the Audio Mises Wire version of the article. The Great Crash of 2020 was not caused by a virus. It was precipitated by the virus, and made worse by the crazed decisions of governments around the world to shut down
In the period leading up to the US invasion of Iraq in 2003, the Bush administration and its media accomplices waged a relentless propaganda campaign to win political support for what turned out to be one of the most disastrous foreign policy mistakes in American history. Nearly two decades later, with perhaps a million dead Iraqis and thousands
Judy Shelton, a Trump nominee to the Fed Board of Governors, may not have coined the excellent term “Fed bug,” but she used it to delicious effect in this 2019 Financial Times interview : “People call me a goldbug, and I think, well, what does that make them? A Fed bug,” she says. Can anyone the New York Times attacks this dishonestly be all
Listen to the Audio Mises Wire version of this article. Can Donald Trump, against all odds, still win in November? It would be a remarkable political feat, on par with his stunning upset in 2016. A global pandemic (however statistically dubious) ravages the country, while riots ravage major US cities. The US economy produces a third less than
Yoram Hazony, author of The Virtue of Nationalism and one leader of a new “national conservatism” project , recently wrote an important and compelling article for Quillette titled “ The Challenge of Marxism .” Hazony says out loud what few Western intellectuals will admit, namely that liberalism is not holding and has not triumphed in 2020 America
When Dr. Ron Paul suffered a health scare during his live Liberty Report show last Friday, I was perhaps less worried than most. His remarkable vitality, vigor, and energy are well known to those around him, along with his penchant for exercise, clean living, and light eating. Having known him thirty years, I simply had no recollection of him
Listen to the Audio Mises Wire version of this article. Today’s headlines announced Donald and Melania Trump “tested positive” for covid-19. Another claims nineteen thousand Amazon workers “got” covid-19 on the job. Both of these pseudostories are sure to ignite another absurd media frenzy. As always, the story keeps changing: Remember
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.