The Free Market 15, no. 8 (August 1997) The Clinton administration has targeted a new batch of global enemies. It wants to crush them with the usual mix of negotiation, treaty, and enforcement through spying, fines, and propaganda. It’s all in a day’s work for the “world’s indispensable nation”—the administration’s new name for itself. Oddly,
The Free Market 16, no. 1 (January 1998) Competition is a process, the Austrian economists have long said, not a moment frozen in time. Today’s dominant company could be tomorrow’s rubble. Whether the winner can stay on top is dependent on its management, its ability to innovate, and, above all, the will of the consuming public. But since the
The Free Market 16, no. 3 (March 1998) President Bill Clinton called on nine opponents of affirmative action during his manipulative “national dialogue on race,” and asked a reasonable question. “What do you think we should do?” The right answer is nothing. Do nothing at all. To achieve that ideal, government must get out and stay out of the
The Free Market 16, no. 10 (October 1998) In the midst of an economic boom, strange things were happening at General Motors. Huge swatches of its highly paid, coddled, unionized labor force were on strike. The result was catastrophic: GM plants all over North America shut down. In a free market, the management (serving at the behest of the
The Free Market 18, no. 5 (May 2000) It was a revolting display to see the bureaucrats at the Justice Department cheer Federal Judge Thomas Penfield Jackson’s decision. Many of these people didn’t even know how to get around the web twelve months ago, and now they are making decisions for millions of consumers and threatening to smash the
The Free Market 21, no. 4 (April 2003) Economies tank for big reasons and small, but usually both. The current stagnation was prompted by investment imbalances created in the late 1990s that needed to be liquidated. But it is being made worse by a thousand bad policies, some of which are being aided by those seeking to “stimulate the economy,”
The Free Market 18, no. 9 (September 2000) For two years, the White House has been haranguing owners of large websites, telling them not to violate their visitors’ supposed right to privacy. Now, just on the face of it, this is absurd. The proper way to think about websites is as private property. When you go to a website, you are a visitor on
The Free Market 13, no. 3 (March 1995) How can business comply with the Americans With Disabilities Act? It can’t. The ADA has created an inescapable trap for companies, a bottomless pit for liberty and property, and an unremitting excuse for harassment and control. John Casey, writing in the University of Puget Sound Law Review (Winter 1994),
The Free Market 13, no. 5 (May 1995) Steve Stockman, among the best of Washington’s freshmen Congressmen, holds a daily prayer session that staff members attend voluntarily. Last year, nobody could have stopped it. But thanks to the “Contract With America,” Congress now has to comply with the 1964 Civil Rights Act. The ACLU says Stockman may be
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.