The Free Market

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The Sovereign Individual

Political Theory

05/01/2010The Free Market
This Libertas Award acceptance speech was delivered at the XXIII Forum da Liberdade, in Porto Alegre, Brazil, on April 12, 2010. Tyranny ends when we cease to support voluntarily our own serfdom.
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may10_0.pdf

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The Second Austrian Revival

History of the Austrian School of Economics

04/01/2010The Free Market
We can date the second Austrian revival almost precisely to the fall of 2008. From that point on, the use of online Austrian resources on Mises.org abruptly doubled from one year earlier, as investors, media commentators, and the public at large frantically sought answers from all quarters while...
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april10_0.pdf

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The Stimulus Scam

Booms and BustsBusiness Cycles

03/01/2010The Free Market
The recent improvement of the global economy, with particularly high economic- growth numbers for the United States, is just one more deception in a long series of deceptions that have plagued policy makers and investors.
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march10_0.pdf

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Mises.org on iTunes U

Media and Culture

02/01/2010The Free Market
The Mises Institute is pleased to announce the multimedia content on Mises.org— thousands of hours of audio and video—is now available through iTunes U , a dedicated section within the iTunes Store ( www.itunes.com ).
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feb10_0.pdf

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Privatizing Climate Policy

The Environment

01/01/2010The Free Market
There is no secure foundation in climate science for the current policy rhetoric; governments simply lack the knowledge to operate climate-change policy effectively. Moreover, policy is based on the neoclassical economics assumption that climate change is a case of market failure. However, it is...
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jan10_0.pdf

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The Health-Care Tax

Big GovernmentHealthInterventionism

12/01/2009The Free Market
Given that the official House version of Obama’s healthcare plan, HR 3962, has now passed, a close examination of the effects of “Obamacare” on the labor market is important.
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dec09_0.pdf

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The Case for Hoarding

Money and BanksMoney and Banking

11/01/2009The Free Market
Most people would admit to hoarding money only with a tinge of guilt, because to be a hoarder carries with it the suggestion of being a miser—a Scrooge. And yet, every participant in an economy based on indirect exchange holds some amount of money and can be said to be hoarding it; that is,...
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nov09_0.pdf

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The Lesson of Soviet Medicine

Big GovernmentHealthInterventionism

10/01/2009The Free Market
In 1918, the Soviet Union became the first country to promise universal “cradle-to-grave” healthcare coverage, to be accomplished through the complete socialization of medicine. The “right to health” became a “constitutional right” of Soviet citizens. The proclaimed advantages of this system were...
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oct09_0.pdf

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Regulate the Bloggers?

Big Government

09/01/2009The Free Market
So, to sum up, the FTC dragged an 84-year-old small business owner through two years of litigation because a foreign website made statements about a legal product that mid-level staffers at the FTC personally disapproved of.
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The Icelandic Meltdown

Booms and BustsBusiness Cycles

08/01/2009The Free Market
The Free Market 27, no. 8 (August 2009) Icelandic Prime Minister Geir Haarde’s resignation this year marked the fi rst political casualty of the current financial crisis that resulted in the collapse of all major banks, a run on deposits, a stock market drop of 90 percent, empty grocery shelves,...
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august09_0.pdf

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