The World is locked today in a fierce war of ideologies, in some ways strangely resembling the wars of religion in the Middle Ages. The doctrinal points at issue in those wars have become unintelligible to most of us today, and there are some equally strange paradoxes in the present ideological war. The Communists, who started it, not only know
[Newsweek column from February 20, 1956, and reprinted in Business Tides: The Newsweek Era of Henry Hazlitt.] H.L. Mencken, who died on Jan. 29, was the outstanding American literary critic of his generation, its most influential stylist, its most prominent iconoclast, the chief scourge of the genteel tradition, and a great liberating force. I
[Newsweek column from June 25, 1951, and reprinted in Business Tides: The Newsweek Era of Henry Hazlitt.] Regardless of what Congress actually does before June 30, it is instructive to consider what a sensible anti-inflationary legislative program would be like if we could get it. 1—What is primarily needed is not more controls by the government
This year marks the 70 th Anniversary of the National Industrial Recovery Act, FDR’s planning legislation that created the National Recovery Administration, the NRA. Henry Hazlitt wrote a critique of the NRA for The Nation that resulted in his losing his position as literary editor . This piece for the American Mercury (December 1933, V.30.120,
Frédéric Bastiat was born at Bayonne, France, on June 29, 1801. His father was a wholesale merchant, but Frédéric was orphaned at the age of nine and was brought up by his grandfather and his aunt. He seems to have had a good, though not an extraordinary education, which included languages, music, and literature. He began the study of political
Within the last few months there has broken out in several places the theory that we are now confronted with a “new” kind of inflation. As described by Robert C. Tyson, chairman of the finance committee of US Steel, Our new kind of inflation appears to be cost inflation pushing prices up, rather than price inflation pulling up costs through
Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in, say, physics, mathematics, or medicine—the special pleading of selfish interests. While every group
El mundo está hoy encerrado en una feroz guerra de ideologías, que de alguna manera se asemeja extrañamente a las guerras de religión en la Edad Media. Los puntos doctrinales en cuestión en esas guerras se han vuelto ininteligibles para la mayoría de nosotros hoy en día, y existen algunas paradojas igualmente extrañas en la presente guerra
[ Artículo de Newsweek del 20 de febrero de 1956 y reimpreso en Business Tides: The Newsweek Era of Henry Hazlitt ] H.L. Mencken, que murió el 29 de enero, fue el mayor crítico literario estadounidense de su generación, su estilista más importante, su iconoclasta más eminente, el principal azote de la tradición refinada y una gran fuerza
Independientemente de lo que el Congreso realmente haga antes del 30 de junio, es instructivo considerar cómo sería un programa legislativo anti inflacionista sensato si pudiéramos conseguirlo. 1-Lo que se necesita principalmente no son más controles por parte del gobierno sino más controles sobre el gobierno. Es la política del gobierno, y solo
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.