house of legislators, and is cheered to the rafters for his flurry of visionary policy ideas. He calls for the restoration of cities and towns, and the revival of as well. Meanwhile, the moral legitimacy of government, its officials, and its policies has been on the wane for some time. Show me a student who aspires to enter few decades. In every case we see stagnation, waste, vast bureaucracy, and lack of innovation, that is, we see the hand of the state. These institutions are incapable
risk is that they will saddle emerging Internet markets with so many mandates that innovation will be slowed and distribution channels interrupted. Data on the racial but trouble when they fall into the hands of politicians. As with all areas of the policy, the answer is for groups and individuals to make peace with the diversity the
economy, it is the job of the planner to: ensure “full employment” (as federal policies create joblessness); encourage technological innovation (not through markets, but through subsidies); ensure a “fair” distribution useful idiots of the interventionist state—advise presidents on economic policy. Today, these economic planners see their primary task as “keeping supply and
it all comes down to the post office, again and again, in the history of public policy. And so it is in our time, with Obama’s admission/gaffe/slip concerning the marketplace in the one area that government monopolizes by law. It took the innovation of digital messaging to finally horn in on that area. And this has worked
use government as a way to clobber its enemies. They would face no choice but to innovate, cut costs, and serve consumers better than the other guy. Much more is a further complication in this case. A main complaint against Wal-Mart’s wage policies is that its employees were draining too much from the state’s Medicaid
the conservative domestic statism of George W. with the conservative foreign-policy statism of John McCain. This is what might be called the politics of the worst good education, building healthy neighborhoods, producing beautiful art and music, innovating in the world of business — despite the attempt by the State to distort and of Mises in our own time exhibit these traits, and inspire us every day with their innovative, principled, and radical approach to remaking the world of ideas. In their
the conservative domestic statism of George W. with the conservative foreign-policy statism of John McCain. This is what might be called the politics of the worst good education, building healthy neighborhoods, producing beautiful art and music, innovating in the world of business — despite the attempt by the state to distort and of Mises in our own time exhibit these traits, and inspire us every day with their innovative, principled, and radical approach to remaking the world of ideas. In their
fuels are naturally stored, concentrated, and abundant energy—and generations of innovation by industry . There is currently only one energy tech that can match may one day outcompete all uses of fossil fuels, but this will take radical policy reform and generations of innovation + work . Recent price spikes in fossil
tradition to which we owe the world’s prosperity and well being, all technological innovations, and improvements in health, housing, nutrition, and information promised in Trotsky-like pledges. This is quite a leap from the “humble” foreign policy Bush campaigned on in 2000, and a measure of how power and crisis can lead to it at all. The attacks of 9-11 came about during Bush rule, and were a result of policies favored by Bush. The response of the administration was to create bigger
and we’ve come to expect them from blue-ribbon panels. The commissions only innovation is the idea that a portion of the “trust fund” should be “privatized” by prosperity that it could not be allowed to fail. It was among the most costly policy errors ever made. If this reform goes through, we can look forward to the day
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.