his upcoming online Mises Academy class The Great Centralizer: Lincoln and the Growth of Statism , a six-week course starting January 18.] In his 1962 book, and to seek to learn the truth about the real nature of the American state and its economic interventions. We will not twist and “reinterpret” Lincoln’s own speeches to
hampered the market economy, making everyone, including unionists, worse off economically. The regulation of business by the EPA, OSHA, FTC, DOE, and hundreds of such investment less profitable. Less capital investment causes a decline in the growth of labor productivity, which in turn slows down the growth of wages and living new products are invented and marketed. All of these things are harmful to the economic well-being of the very people labor unions claim to “represent.”
hampered the market economy, making everyone, including unionists, worse off economically. The regulation of business by the EPA, OSHA, FTC, DOE, and hundreds of such investment less profitable. Less capital investment causes a decline in the growth of labor productivity, which in turn slows down the growth of wages and living new products are invented and marketed. All of these things are harmful to the economic well-being of the very people labor unions claim to “represent.”
supported the bailout; and, most importantly, blamed the current economic crisis on Thomas Jefferson! Jefferson opposed America’s first central paper in Claudia Goldin, ed., Strategic Factors in Nineteenth-Century EconomicGrowth ). Naturally, the government’s response to all of this economic panic and
are as important now as they have ever been and will increase in relevance as the growth of government continues almost unabated. The growth of government constitutes threaten to rob us of our personal freedoms while exacerbating social and economic problems. The more government spends on welfare programs, for example, the
was to hopefully embarrass the other members out of adopting another truly awful, economically ignorant attack on capitalism. The most passionate debates centered over Times bestsellers and both are shockingly ignorant of the most elementary level of economic logic. (I did succeed in embarrassing my colleagues out of choosing them.) of all kinds often fail to rise as rapidly during times of vigorous economicgrowth, such as in the 1990s (even if that growth was artificially fuelled by
Review of Austrian Economics .] Public choice can be defined as the application of economic theory and methodology to the study of politics and political institutions, of the number of local governments cannot be said to be “efficient,” since the growth of government embodies a further reallocation of resources from the private to
is a totalitarian socialist whose real objective is to revive socialism and economic central planning under the subterfuge of “saving the planet” from that must emerge if humanity is to cope with the ecological burden that economicgrowth is placing on the environment. “We” socialists must all become watermelons, in
them to spend faster. The professor’s statement is based on statist ideology, not economics. If anything, cutting the federal gas tax will force politicians to reduce the rate of growth of government spending. That leaves more money in the pockets of taxpayers. By either uninformed about the realities of energy markets, misunderstand and misuse economic theory, or, more likely, are merely propagandizing for government
for protectionism and claims to have presented the strongest case ever made for “economic nationalism.” This, his Republican critics allege, is contrary to what a disaster that “rolled up a debt so enormous” that it impeded Illinois’s economicgrowth for many years. “The internal improvement system, the adoption of which
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.