hilarious. But never far from their techno-speak are two other critical factors: economic conditions and marketing. They roll from one concern to the next to the next and back again, presenting a beautiful picture of what makes for the growth of an economic sector: not economic conditions alone, not technology alone,
While panelist from The Onion debate this issue , deleterious economic policies in the real world can have a profound impact on the growth, stagnation and decline of wealth and well-being. For instance, Mugabe has
more overseas investment than India does; it is second only to China in the Asian economicgrowth league, and 50% of the Vietnam population is aged 35 or under. The trite way
Jordon: WAR, which we profess to fear or hate, is only one expression of the growth of the power of the State over men’s life and work, which in recent years so many have come to accept, encourage or support as progressive and desirable. Economic warfare, class and labor conflict, inflation, bureaucratic despotism, all
would certainly never guess that China has gone from vast impoverishment to vast economicgrowth in record time, and certainly the relationship of this to capitalism is
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.