Why Was Ancient China so Good at War, and so Bad at Commerce?
By providing rewards for bureaucrats and punishments for merchants, many rulers destroyed interest in entrepreneurship and innovation outside the state.
By providing rewards for bureaucrats and punishments for merchants, many rulers destroyed interest in entrepreneurship and innovation outside the state.
Week in Review: August 12, 2017
As the war drums with North Korea get ever louder, it’s appropriate that this week was the anniversary of the atomic bombing of Japan.
As the war drums with North Korea get ever louder, it’s appropriate that this week was the anniversary of the atomic bombing of Japan.
The Google Manifesto – and What it Means
Google can concentrate on innovation and profits — or it can focus on bureaucratic rules against thoughtcrimes. Google has apparently chosen the latter.
Google can concentrate on innovation and profits — or it can focus on bureaucratic rules against thoughtcrimes. Google has apparently chosen the latter.
Entrepreneurial Discovery: Who Needs It?
Is Israel Kirzner’s explanation of the market process correct and, if so, is it useful?
A Mixed Hero: A Libertarian Reassessment of Elon Musk
The fact that the state hands out money to entrepreneurs like Elon Musk is a problem that is best solved by focusing our ire not on people like Musk — but on the state itself.
The fact that the state hands out money to entrepreneurs like Elon Musk is a problem that is best solved by focusing our ire not on people like Musk — but on the state itself.
Instead of trying to replace Obamacare, let's let entrepreneurs play a prominent role in fixing our broken healthcare system.
Entrepreneurship’s Split-Personality Problem
Practice and theory are often seen as being distinct and in conflict with each other. But, hands-on entrepreneurs can learn a lot from economic theory.
Practice and theory are often seen as being distinct and in conflict with each other. But, hands-on entrepreneurs can learn a lot from economic theory.
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.