are turning their sights elsewhere. It seems that Google, the powerful and innovative Internet search engine, now enjoys the title of “Most Hated Company.” Now, the Windows OS is ever taken down a peg or two, it will be because of some Google innovation. Its success is driven entirely by the consumer’s evaluation of its
company’s internal listserv in which he questioned some of Google’s “diversity” policies. As most of us expected when the story became public, Google fired the Valley firms are beginning to reek of it – stands in the way of the very kind of innovation and entrepreneurship that has made these firms powerful and profitable.
public a realistic appraisal of the health of capitalism. Global capitalism is an innovative force, they could argue, but we have been reminded of its shortcomings. not “flooded” the globe with “easy money.” It was central banking and government policies that did that, something the ancients once called socialism. Third, the
possibilities of the Internet and the irresponsible, expansionary monetary policies of Alan Greenspan’s Federal Reserve System, not a marvelous invention resemble—the PayPal system, as it should be. Such competition made PayPal more innovative and nimble, a trait that was enhanced by the innovative and nimble making dominated by Elon Musk, a capable but sometimes bull-headed CEO who imposed policies that seemed to come more from the comic strip “Dilbert” than the honest
first declares, A 21st-century regulatory system must promote economic growth, innovation and job creation while also protecting public health and welfare. Earlier other rules. He goes on to describe how the government is changing its regulatory policy toward milk ( no longer classified as “oil” ) and how the government will give
telecommunications that came about during the 1980s. In fact, for many of these innovations, from Ted Turner’s Cable News Network, founded in 1980, to the advent of to Drexel, Jeff Scott said, In general, established business interests do not like innovations that undermine their competitive position. It is well documented that the worse, after Alan Greenspan became chairman of the Fed in 1987, the government’s policy of creating and expanding moral hazard became even more pronounced. First,
and will fall into the Keynesian “liquidity trap” unless rescued by government policies, others condemn capitalism for promoting what they allege to be inequality. driven by accumulation of capital to invest in applying scientific progress and innovation to production,” and in a free market, the process builds upon itself. Over help markets “self-correct.” Kolhatkar writes: Eventually, euphemisms like fiscal policy , monetary policy , and quantitative easing became folklore in peer-reviewed
campaign, events of the last year have weakened one of the longest-standing policies of the US government: the trade embargo with Cuba. Born in the cold war state like Cuba drives a wedge into the socialist system, which tries to stifle innovation and is based upon raw political connections. The Cuban system regularly
firms failed to modernize their plants, depending instead on a new government policy, the “trigger price mechanism.” This legislative device “triggers” steel for more than 200 years, these companies have lacked the incentives to become more innovative and productive. Granted, there are many productive U.S. iron and steel
firms failed to modernize their plants, depending instead on a new government policy, the “trigger price mechanism.” This legislative device “triggers” steel for more than 200 years, these companies have lacked the incentives to become more innovative and productive. Granted, there are many productive U.S. iron and steel
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.