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.
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.