If you have not read Peter Boettke’s review of Tyler Cowen’s The Great Stagnation , I suggest doing so. I have not yet read Cowen’s book, so I cannot personally attest to how accurately Boettke interprets Cowen’s message, but I think there is a lot to agree with in what Boettke himself writes in his examination. Certainly, that government spending
David Glasner attempts to defend central bankers from the accusation of being central planners. He does so from a distinctively Misesian perspective — or, at least, that is his intention. But, he mistakes Mises’ definition of socialism as a definition of central planning, where the former suggests the collectivization of the means of production
Someone left a comment on one of the articles making the claim that the United States is no longer a manufacturing economy, having transitioned to a service sector oriented economy. The statement is half right. While the U.S.’ service sector has grown, and this is not a bad thing, so has the manufacturing sector. Here is a graph showing an
The Ludwig von Mises Institute of Canada re-publishes my review of Jeffrey Friedman’s and Wladimir Kraus’ Engineering the Financial Crisis . I call the book “undoubtedly one of the best books written yet on the causes of the Great Recession” — simply stated, there are few scholars who have done the amount of historical research Friedman and Kraus
[ Disclaimer : The following post reflects my views on the subject, and they should not be confused for anybody else’s. Related blog posts: Coordination Problem, “ Mises and Hayek Cited... “; Gene Callahan, “ Is It OK... “] Libertarianism is not a violent political philosophy. Yes, libertarianism is anti-state (or, at least, calls for a radical
During Robert Murphy’s Keynes, Krugman, and the Crisis lecture, yesterday evening, one of the attendees asked what about John Maynard Keynes’ General Theory made it so popular amongst academics. Similarly, another student asks in ‘questions for the professor’ why there was not as large of a recoil against Keynes’ book as one might have expected.
[Basado en las notas de una conferencia dada por el autor a Young Americans for Liberty en la Universidad de California, San Diego, el 4 de mayo de 2010] La jurisdicción de la economía se extiende mucho más allá del estudio de la producción y el consumo de bienes y servicios. La ciencia de la economía consiste en el estudio de la acción,
Tras el colapso de la Unión Soviética, el portavoz de exteriores soviético Gennadi Gerasimov advirtió a Estados Unidos: «Les hemos hecho lo más terrible que podíamos hacer. Les hemos privado de un enemigo». Durante casi medio siglo, la esquiva amenaza que suponía la Unión Soviética constituyó la base de la política exterior e interior americana.
La historia cuenta un cuento cíclico del hombre contra el Estado: el hombre crea continuamente nuevas ideas y el Estado trabaja incansablemente para destruirlas. La burocracia nunca ha sido amiga de las ideas que socavan su legitimidad artificial. Con demasiada frecuencia, la historia nos proporciona ejemplos de quemas de libros impuestas por el
Querido Profesor Mankiw: Hace poco más de cinco años, un alumno tuyo te mandó un correo preguntándote si habías leído Acción humana de Ludwig von Mises . Respondiste , aunque un poco incómodo, que no habías leído Acción humana debido a su antigüedad (publicada en 1949, está muy por encima del límite de 20-30 años que sugieres como literatura
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.