Abstract: The rise of socialism has been one of the more dramatic movements in US politics in the modern era, with recent Gallup polling indicating that 39 percent of Americans (and 65 percent of Democrats) hold a favorable view of the political economic ideology. Upward trends in the popularity of political economic ideologies such as socialism
Not many people know that Oregon decriminalized all drugs through a ballot initiative. The Wall Street Journal recently ran an article: “Oregon Decriminalized Hard Drugs: It Is Not Working.” The question here is, why not? In 2020, the State of Oregon decriminalized all drugs, including hard drugs such as heroin, crystal meth, which you will
Politicians like Bill Clinton are using the murder of twelve high-school students in Littleton, Colorado, as a call for new gun control measures. This is an attempt to cover up the real culprit, the evil-doers themselves. If, however, we want to locate an institutional source that contributed to the bloodshed, look no further than the government
The Littleton massacre showed the local police and SWAT team to be bumbling fools who were far more concerned about their own safety than that of the students or citizens. Actually, this is not just a single case but a systemic problem in all government law enforcement. In his new book, To Serve and Protect , Bruce Benson demonstrates that the
It was peace and prosperity versus taxation, inflationism, protectionism, imperialism, and war. The good guys win this one and people are applauding in theaters throughout the country. The movie of course is “Star Wars: The Phantom Menace,” one of the finest allegories on classical liberal political economy to ever appear on screen. One has to
[NOTE: An earlier version of this piece stirred up controversy and comment on all sides. This longer version addresses some of the points made by critics.] It was peace and prosperity versus taxation, inflationism, protectionism, imperialism, and war. The good guys win this one and people are applauding in theaters throughout the country. The
The Supreme Court has declined to put the antitrust case against Microsoft on fast track, decreasing the chances that the lower court and the antitrust division of the Justice Department will succeed in their efforts to break the company into two parts. To understand why this is a victory for consumers, consider a case 50 years ago when the
As we await the release of George Lucas’s second Star Wars prequel, The Attack of the Clones, speculation builds on whether Lucas can return to the glory of the original Star Wars trilogy. While critics attacked Lucas for his leading-boy character, his young-girl queen, and his politically incorrect characters (Jar Jar Binks and the admiral with
Hollywood ain’t what it used to be. For the most part — and with known exceptions — the quality and content of today’s movies have plummeted when compared to the Golden Age. With the movies’ parade of sex and violence, they’re an easy target for cultural critics to say capitalism inflicts grave damage on the culture. Let’s take another look. It
Pete Boettke at Coordination Problem highlights the excellent work by Ben Powell in the Misesian tradition (links added). Ben Powell ‘s Out of Poverty , is a classic example of praxeological reasoning and the purpose of political economy in the hands of a skilled thinker influenced by Mises’s approach. Listen to his discussion of the book, he
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.