The Free Market 16, no. 4 (April 1998) Medical researchers are often so convinced of the overriding social importance of their work that they won’t let something as petty as market valuations get in the way of their agenda. That’s why they haven’t missed many opportunities at securing tax-funded grants and subsidies, and they’re about to score
The Free Market 23, no. 11 (November 2003) Thanks to the untiring efforts of Bill Clinton and George W. Bush, Americans have been faced with the greatest expansion of the government into medical care since the 1960s. When these moves are complete, the free market in American medicine will be practically gone. Interventionism will be in complete
The Free Market 24, no. 10 (November 2006) Entrepreneurs are in a danger zone when their activities are incomprehensible to the general public. People begin to regard unexplained profits as suspicious, and the entrepreneur encounters public hostility. Entrepreneurs who assemble physical objects may find their activities transparent enough to
The Free Market 19, no. 4 (April 2001) One of the modern hero-myths the State has cultivated about itself is that government vaccination programs drastically reduced some common communicable diseases in the twentieth century. For decades, the government has required certain vaccinations for entry into schools, and most parents have passively
It is one of the most common tragedies of human history: a region populated by relatively defenseless farmers is set upon by a gang of well-armed bandits, who force the farmers off their land and divide the land and spoils among themselves. In 1893, the tragedy had come to Zimbabwe, and the gang of well-armed bandits were British settlers led by
The final flight of the space-shuttle program, in progress as this is written, has prompted a number of retrospectives on the program’s costs and benefits. Saturday’s Wall Street Journal reported that the price tag on the US space-shuttle program has been difficult to pin down. One NASA estimate — on the low end, because it does not account for
[Lewis D. Solomon: The Privatization of Space Exploration: Business, Technology, Law, and Policy . New Brunswick, NJ: Transaction Publishers, 2008, ISBN: 978-1-4128-0759-3, 128 pages. This review originally appeared in Libertarian Papers , 4.1 (2012).] Lewis D. Solomon’s book The Privatization of Space Exploration , now available in a 2012
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.