The Free Market 29, no. 4 (April 2011)

The Free Market 29, no. 5 (May 2011)

During the first-ever Federal Reserve press conference, Fed chair Ben Bernanke said the number of jobs in America was still 7 million behind the number of people employed when the recession began. When asked whether the Fed could do anything about long-term unemployment, Bernanke said the central bank has been fighting it with an aggressive monetary policy. But he admitted his crew operating out of the Eccles Building doesn’t have any tools to make the long-term unemployed employable again.

The Free Market 29, no. 6 (June 2011)

The debate over the federal-government debt ceiling dominated the Spring. Treasury Secretary Geithner sent a letter to Congress explaining that the statutory debt limit would be reached around May 16, and therefore Geithner would implement “extraordinary measures” to postpone the actual crisis point.

As in his previous letters, Geithner reiterated that failure to raise the debt ceiling would lead to catastrophe for the nation. In this article I’ll explain the main issues and why Geithner is wrong.

The Free Market 29, no. 7 (Fall 2011)

Fascism is the system of government that cartelizes the private sector, centrally plans the economy to subsidize producers, exalts the police state as the source of order, denies fundamental rights and liberties to individuals, and makes the executive state the unlimited master of society.

This describes mainstream politics in America today. And not just in America. It’s true in Europe, too. It is so much part of the mainstream that it is hardly noticed any more.

The Free Market 30, no. 1 (January 2012)

There will always be a 1%. The well-being of the 99% depends on who makes up the 1%: entrepreneurs or the state and its cronies. This in turn depends on the ideologies adopted by the 99%.

“We are the 99%!” This slogan of the Occupy Wall Street protesters has been called the most memorable quote of the past year. Those who rally to its cry do so in opposition to the villainous 1%.

The Free Market 30, no. 2 (February 2012)

To the minds of most environmentalists, the ham-hand of the government is needed to protect wildlife. Private property be damned— the government must step in, otherwise every species on the planet will be hunted into oblivion, or human development will gobble up all remaining wildlife habitat, leading to the complete extinction of all species.

The Free Market 30, no. 3 (March 2012)

From time to time, the Free Market will keep you up to date on the goings on at the Mises Institute. This is the first such edition.

This is it. This is what we have been preparing for. For 30 years, the Ludwig von Mises Institute has been laying the groundwork for an intellectual revolution. That revolution is now at hand. Thousands of young people have been inspired by Ron Paul’s message of liberty. And he has inspired them not only to rally, but to read. Not only to speak out, but to study.

The Free Market 30, no. 4 (April 2012)

One hundred years ago this June, Ludwig von Mises’s The Theory of Money and Credit was published. Because this was Mises’s first great contribution to human understanding, we should also celebrate this year as the centennial of the start of his career as a creative genius upon the world-stage.

Mises wrote his first treatise in the dark, foreboding days before World War I. This gave the project urgency and greatly affected its make-up. He would later write in his Notes and Recollections,

The Free Market 30, no. 5 (May 2012)

In a speech to the American Society of Newspaper Editors on April 3, 2012, President Obama called a budget proposal of his Republican opponents in Congress “thinly veiled Social Darwinism.”

The Free Market 30, no. 6 (June 2012)

The following is a testimony before the U.S. House Committee on Financial Services, Subcommittee on Monetary Policy (Chairman: Ron Paul). Dr. Salerno was able to give this testimony thanks to the generous support of Mises Institute donors.