Washington Post to the ultra-leftist Nation with a diagnosis that borders on economic malpractice. His partner in crime, Robert Kuttner, who writes a Business always bring calamity. The sudden collapse of world markets after years of go-go growth begs an explanation. First, we point out that the world has been in the
College, Cambridge, England, who last week won the 1998 Nobel Memorial Prize in Economic Science. So these three professionals are marooned on the island, and they of which, he assures us, are “serious but not especially odd in this branch of economics.” They include: “well-behaved utility and production functions; automatic economies around the world -- or recall the mindless parroting of socialist “growth rates,” which our pundits found so intimidating -- you wonder just where
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.