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
From the Library of Law and Liberty: What if a profound economic downturn occurred and the federal government basically ignored it? Couldn’t depression that righted itself by late 1921, setting the stage for the economicgrowth of the 1920s . Grant details for us that we once took a different path in
was adopted, political groups have sought to yoke the free market to a program of economic nationalism and governmentally directed growth. Alexander Hamilton, Henry Clay, and Abraham Lincoln rank as major names in
Gallaway, but maybe more should. They are the authors of Out of Work , the best economic history of 20th-century America and an indictment of all the monstrous and on welfare spending, Vedder and Galloway find that welfare is harmful to economicgrowth, entrepreneurs, workers, and children. Very harmful. A mere $100 billion
Economics professor Bernard Malamud not once but twice invited the crowd in Las Vegas “FDR’s Depression Policies: Good Deal or Raw Deal?” debate with the Foundation for Economic Education’s (FEE) Lawrence Reed during FreedomFest. I finished my masters of the seven states of the basin has swelled by about 45 million. Much of this growth has been fueled by the dam and its precious bounties of water and electrical
of American foreign and domestic policy. Much of the United States’ political and economic development was in fact a product of the government’s exploitation of a States has a long history of exploiting fear for the purpose of legitimizing its growth. The current generations of American citizens are direct witnesses to over
The surge of federal economic interventions that occurred during Lyndon B. Johnson’s presidency — the of July 27, 1953, the United States had enjoyed a decade of respite from the rapid growth of government power over economic affairs. The wartime wage, price, and
it drastically underfunds future benefits owing to positively fictional rates of economicgrowth assumed in the 75-year actuarial projections. As a result, the benefit
Couch and Shughart demonstrate too many times that the New Deal inhibited economicgrowth and thus needlessly continued the misery first wrought by the policies of
do not realize that it is not deflation but rather inflation which is the root of economic hardship. This confusion over the nature of deflation stems from a belief inflation is not a general rise in prices, caused either by money supply growth, or by real factors. It is simply an increase in the money stock. Pay
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.