The Free Market

Free-market capitalism is a marvelous antidote for racism. In a free market, employers who refuse to hire productive black workers are hurting their own profits and the competitive position of their own company. 

Hosannas have poured in from all parts of the academic spectrum — left, right, and center — hailing the Treasury's draft plan as an approach to the ideal of the "flat tax." (Since the plan calls for three classes of income tax rates, it has been called a "flat tax with bumps.") This near-unanimity should not be surprising, because a flat tax appeals to the sort of academic who, regardless of ideology, likes to push people around like pawns on a chessboard.

Europe's economic decline is the result of its propensity to nationalize private enterprises.

In 1985 the Mises Institute will be expanding at Auburn University and in Washington, D.C., to better accomplish its educational work.

Ever since its founding in October 1982, the Ludwig von Mises Institute has received many requests for introductory courses in Austrian economics for students and adults.

Our country is beset by a large number of economic myths that distort public thinking on important problems and lead us to accept unsound and dangerous government policies. Here are ten of the most dangerous of these myths and an analysis of what is wrong with them.

The Ludwig von Mises Institute's premier conference was held in Washington, D.C., on November 16–17, 1983. "The Gold Standard: An Austrian Perspective" was the first event of its kind. Not only was it the first academic conference ever held in the United States on the gold standard, but it took place on Capitol Hill. 

Bashing the Japanese has become a popular American, if not international, sport. The objective is to fabricate "facts" and use them to demonstrate how Japan's international trade policies create economic disruption that warrants retaliation.

Mrs. Mises delivered this speech on February 27, 1984, at the Mises Institute dinner in her honor in New York City. 

Our country is beset by a large number of economic myths that distort public thinking on important problems and lead us to accept unsound and dangerous government policies. Here are ten of the most dangerous of these myths and an analysis of what is wrong with them.

Free and extensive trade, unsubsidized, between the peoples of the Earth lowers tensions and makes us all better off It is, morally and economically, the only proper policy.