For a few years now, a modern form of Luddite-ism has decried a seemingly ramped-up use of technology that is expected to upend labor markets in the near future to degrees heretofore unseen. In this world, what we know as fast food restaurants will become completely self-serve , with iPad-ish screens used to order French fries and machines in the
I visited Baltimore once, about 10 years ago, for an academic conference. While I remember its colonial-era architecture, the historic cathedral that once housed the great Cardinal Gibbons, and fun, chowder-laden conversations with local and visiting economists in brew pubs—the image that remains in my mind is that of the rats. These mangy pack
Those possessing the anti-capitalist mentality — so ascendant in our culture today — often critique market actors as being solely motivated by “greed.” Surely economic systems based on nobler motivations, they say, would better promote the long-run interests of the planet. The Voluntary Marketplace Uses Greed as Motivation to Serve Others This is
The Greek financial crisis is far from over, although the latest developments show how much the establishment players in the bailout want to move on to the-crisis-is-over-so-turn-your-attention-elsewhere mode. While previous bailouts have always been about bailing out the big banks in France and Germany, this one looks different in that it
According to a new report just out by McKinsey , global debt has increased by $57 trillion since the Great Recession, outpacing world GDP growth during this time period.
Frank Bruni saw a woman swoon and sway back in the 1980s, and the recent memory of it caused him to call for increased federal support for liberal arts education. The woman, Anne Hall, taught Shakespeare at UNC-Chapel Hill back in the days when North Carolina students were more focused on beating Duke in basketball than on Hall’s captivating
Last month, Fortune magazine’s cover story considered how we are now living in the age of unicorns, given that at least 80 start-ups have achieved this status. This is an increase from the 39 unicorns that existed as recently as November 2013. Note that Google never achieve unicorn status before it went public in 2004. Fortune’s editor, Alan
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.