Freedom havens are always of interest to libertarians. For instance, the Free State Project hopes to establish liberty in our lifetime by designating a single U.S. state as the center for political downsizing and constitutional federalism. Offshore havens such as Bermuda and Vanuatu are gaining notoriety for their favorable taxation and
Jim Bovard, in the words of the Orange County Register , is “Washington’s most hated truth-teller.” In his latest book, Terrorism and Tyranny: Trampling Freedom, Justice, and Peace to Rid the World of Evil , he sustains that long-standing reputation with surefire dignity and aplomb. You get a feeling about a book and its author, when, in the
American economist Henry George is best known for his 1879 treatise Progress and Poverty , for which Albert Einstein designated George a “beautiful combination of intellectual keenness, artistic forum, and fervent love of justice” (George 1879, cover). Progress and Poverty became a huge success, and in 1886 George followed up with a far more
[ Originally published June 7, 2006. ] The “father of modern economics,” said economist Murray Rothbard, was a “gallicized Irish merchant, banker, and adventurer who wrote the first treatise on economics more than four decades before the publication of the Wealth of Nations .” (Rothbard 1995, p. 345) Richard Cantillon’s Essay on the Nature of
“Government cannot make man richer, but it can make him poorer.” – Ludwig von Mises Personal character and money are linked. No, we are not implying that a person of great wealth is necessarily an individual with high character. All one needs to do is look at the moral sewer known as Wall Street in order to comprehend how a whole host of elites
Nonprofit organizations play an integral role in a free market economy. The establishment of a voluntary nonprofit organization is not merely an exercise for obtaining tax-exempt status for wealth protection within a burdensome tax system, though that is a splendid end in its own right. Instead, nonprofit organizations are concerned with
The shortcomings of Fannie Mae have been overlooked on the basis that Fannie plays a critical role in driving the housing sector, and thus the American economy. As Fannie goes, so goes the nation. Fannie means housing, and accordingly, Fannie is the conduit that takes one from “inequitable ownership” to the American Dream. In a nation where
“Some of the old guard still hold on to pipe dreams of an all-conquering Union.” The Union is squaring off against the South again. This time it’s Detroit’s union — the UAW — partnering with the auto manufacturers, politicians, and media supporters of the domestic auto industry to wage warfare against the entire South. The problem here centers on
The last remnants of the American free-market system are experiencing a quick death by strangulation. Perhaps the most disturbing casualties of government intervention are General Motors and Chrysler, two disgraced automakers that have gone from private ownership to the public trough virtually overnight. The US government has effectively grabbed a
The August 3, 2011, shakedown of the Rawesome food cooperative in Venice, California, in spite of the tragic outcome, has produced one positive result. The ruthless raid on the part of miscellaneous government agencies has sparked a wave of unprecedented discord over the question, How can government dictate what we choose to eat when we each have
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.