Featuring remarks by Jeff Deist, Llewlellyn H. Rockwell, Jr. [1:55], Thomas E. Woods, Jr. [4:27], Judge Andrew P. Napolitano [8:47], and Dr. Ron Paul [20:32]. Recorded in Lake Jackson, Texas, on Saturday, 15 August
The drama over Greece’s financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new “austerity” measures. The deal will allow all sides to brag about how they came together to save the Greek economy and the European
One of the great ironies of American politics is that most politicians who talk about helping the middle class support policies that, by expanding the welfare-warfare state, are harmful to middle-class Americans. Eliminating the welfare-warfare state would benefit middle-class Americans by freeing them from exorbitant federal taxes, including the
For weeks, if not months, investors have been agonizing over whether or not the Fed would remove the word “patient” from its assessment of monetary policy. The word indeed was removed at today’s Fed meeting. Chairman Janet Yellen, recognizing that the markets were acutely aware of the significance and meaning of the word “patient,” was quick to ex
A responsible financial institution would not extend a new loan of between 17 and 40 billion dollars to a borrower already struggling to pay back an existing multi-billion dollar loan. Yet that is just what the International Monetary Fund (IMF) did last month when it extended a new loan to the government of Ukraine. This new loan may not make much
Militarism and military spending are everywhere on the rise, as the new Cold War propaganda seems to be paying off. The new “threats” that are being hyped bring big profits to military contractors and the network of think tanks they pay to produce pro-war propaganda. Here are just a few examples: The German government announced last week that
The horrific attacks in Paris on Friday have, predictably, led to much over-reaction and demands that we do more of the exact things that radicalize people and make them want to attack us. The French military wasted no time bombing Syria in retaliation for the attacks, though it is not known where exactly the attackers were from. Thousands of ISIS
Following Monday’s historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose “solutions” to our economic woes. Not surprisingly, most of those commenting not only failed to give the right answers, they failed to ask the right questions. Many blamed the
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.