Inflation: Is It the Disease or the Symptom?
According to Ludwig von Mises,
According to Ludwig von Mises,
In my article “The Evil of Killing Children,” I pointed out how the US government, in an attempt to achieve regime change in Iraq, knowingly and intentionally killed hundreds of thousands of innocent children in Iraq.
Unfortunately, killing those innocent Iraqi children was not the only evil action taken by US officials regarding the Iraq sanctions. They also went after an American man for trying to help the children that US officials were trying to kill with their sanctions.
A recent surge in breakdowns, delays and overcrowding at New York’s subway system — in conjunction with a steady stream of rate hikes — has left many New Yorkers fuming and seeking answers.
A hundred years ago, the First World War was reaching its crisis. Though we tend to think of the war in terms of stalemate and attrition, the war was a complex web of human activities and human choices that seemed anything but static to most of the millions of participants. An illustration of this idea, in the broadest sense, can be seen in trends and events during the first half of 1917, just one hundred years ago. Taken as as a whole, the first six months of 1917 represents a startling shift in the shape of the war.
This week the Mises Institute held our annual Rothbard Graduate Seminar, a week-long event where scholars dedicated a week to studying and discussing a great economic treatise. This year’s focus was Human Action, Ludwig von Mises’s masterpiece that built the intellectual foundation for modern Austrian economics. Discussion focused not only on what makes the Misesian framework different from other economic schools of thought, but also applied those ideas to modern day debates on topics such as the proper use of economic modeling, deflation, and NGDP targeting.
Former Navy SEAL and Blackwater founder, Erik Prince, recently penned an Op-Ed for the Wall Street Journal calling for a MacArthur Plan for Afghanistan that rests on two pillars: a central Viceroy acting with complete authority to direct development activities and a privatized East India Company model for securing key areas to bolster economic growth.
Yes, it has happened. A mere 23 years after the 1994 transition, in South Africa, to raw ripe democracy, six years following the publication of a wide-ranging analysis of that catastrophe, Into the Cannibal’s Pot: Lessons for America from Post-Apartheid South Africa, a Beltway libertarian think tank has convened to address the problem that is South Africa.
Amtrak’s Penn Station in New York City, once one of the most glorious cathedrals of commerce built by one of the most successful transportation companies in history, is collapsing. Tracks are in disrepair. That’s because they have not been properly maintained over decades since Amtrak, despite promises to the contrary at its founding in the 1970s, has consistently lost tons of money.