The Free Market was a monthly newsletter of the Mises Institute from 1982-2014, featuring articles from the Austrian viewpoint.
New Face, Old Menace
By focusing on the symptoms rather than causes, there is no way that one can make an economy more healthy and prosperous.
The Democracy of the Market
The Free Market 26, no. 11 (November 2005)
[William Peterson is the winner of the 2005 Gary G.
The End of Unions
Those of us who appreciate liberty, voluntary exchange, and workers’ property rights to their own labor have long objected to the American organized labor movement. Since the 1930s, this movement has been defined by the AFL-CIO.
Why Home Study?
If you can’t attend the Mises University, where can you go to study the subject systematically? Over the summer, I worked with the staff at the Mises Institute to find an answer to this problem.
The Hedonics Hoax
The idea behind hedonic price index calculation is to incorporate quality changes into prices. This way, a product may be on the market at a higher price, but when the product qualities have augmented more than the price in the eyes of the BLS, it will calculate that the price of this product has actually fallen.
The Power to Destroy
Where the state is, there also is the growth of the state. Why does a state’s scope enlarge?
The New, New Interventionists
The only thing that seems to unite the myriad special interests on the right—ever since the Republicans gained control of the executive and legislative branches—is that each one has some special project for the state to support, so they all agree to support big government as a kind of vast logrolling project. If each group does its part, everyone stays on top.
Anticapitalism Unleashed
The US Supreme Court’s 9-0 decision overturning the obstruction of justice verdict against Arthur Andersen Company comes too late to save the firm or the jobs of thousands of employees who found themselves out of work when the government destroyed the firm three years ago.
The Bush Plan Won’t Work
The Social Security system is a giant Ponzi scheme, and no tinkering is going to change that. Workers should be allowed to opt out of the bankrupt scheme, period.
Down with the Withholding Tax
Did you have to write out a check to the IRS for $5,581 this past April 15? If you had to do such a thing next year, would you think of it as your civic duty or would you consider it a crime that only the government could get away with?
The Mouse that Roared
Rothbard shockingly argues that technological invention is relatively unimportant in the progress of civilization. Instead, capital is the far more important, and limiting, factor.
Farmed Robbery
Ending price supports would certainly allow agricultural markets to work more efficiently, but isn’t it odd to observe the government voluntarily ending a subsidy program that benefits a powerful political constituency—wealthy corporate farmers? It is odd indeed, which is why it isn’t true.
Bush’s Ten Worst Economics Errors
I here offer what I regard as Bush’s top ten economic errors, which might be the very errors that will make the next depression far worse than it needs to be. Needless to say, this list is not exhaustive.
