America’s prosperous economy. What is this simple lesson? In successful economies, economic policy has been pragmatic, not ideological. And so it has been in the United the United States again and again enacted policies to shift its economy onto a new growth direction. ... These redirections have been big. And they have been collective
Mises Review 9, No. 3 (Fall 2003) A POVERTY OF REASON: SUSTAINABLE DEVELOPMENT AND ECONOMICGROWTH Wilfred Beckerman The Independent Institute, 2002, xiii + 94 pgs. Wilfred
20, no. 4 (2017)] The Captured Economy: How the Powerful Enrich Themselves, Slow EconomicGrowth, and Increase Inequality by Brink Lindsey and Steven M. Teles Oxford: Oxford
is best known to the scholarly world for his outstanding study of Adolf Hitler’s economic ideology, now available in English translation as Hitler’s National is that some politicians and economists believe that the country’s impressive growth is the result of a special ‘Chinese way’ with a high degree of state
CONSEQUENCES: THE IMPACT OF FACTOR ENDOWMENTS, CULTURE, AND POLITICS ON LONG-RUN ECONOMIC PERFORMANCE Deepak Lal MIT Press, 1998 x + 287 pgs. Deepak Lal, a question more exactly. He distinguishes between Smithian and Promethean economicgrowth. “For much of history, until the rolling Industrial Revolution allowed a
The Austrian 9, no. 3 (Jam/June 2023): 18–20. [ Slouching Towards Utopia: An Economic History of the Twentieth Century by J. Bradford DeLong, Basic Books, 2022 viii + 605 pp.] J. Bradford DeLong, who teaches economics at UC Berkeley and was a protégé of Larry Summer’s dislikes Austrian has a firm sense of the immense power of the free market to achieve economicgrowth. He credits Friedrich Hayek, whom he calls a genius, for the widespread
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
Eric Posner and Gen Weyl claim that economics has become too timid. Posner is an influential law professor at Chicago, The struggle for laissez-faire, though never fully completed, led to unprecedented economicgrowth and prosperity. Posner and Weyl ignore this. Instead, their notion of “vision”
Chancellor on January 30, 1933, people did not know what to expect as regards the economic policy of the new regime. There were disturbing signs that the National of Marxio-Sombartian premisses with regard to the death of individualism, growth of mass production, collectivism, etc., and from these the natural conclusion
Up From Statism Mises Review 2, No. 3 (Fall 1996) Making Economic Sense Murray N. Rothbard Ludwig von Mises Institute, 1995, 439 pgs. Murray of the so-called Pareto criterion, taken as the sum and substance of welfare economics, in a comment on a proposal for population control: “A grotesque example of who wanted to trade hers in. “If we start from the original ZPG [Zero Population Growth] plan,” Rothbard comments, “and we introduce the Boulding plan, wouldn’t
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.