Charting the Course to $7 Gas
The Fed will continue to buy Treasuries to fund our deficit with money that is created out of nothing.
Uncle Sam: Busted
On Monday, Standard and Poor’s (S&P) announced that although the US government would retain its AAA debt rating, the outlook for the United States’ future was being downgraded from “stable” to “negative.” The move is a welcome if tepid acknowledgement of the fiscal train wreck of which Austrians have been warning for years.
Geeks Need to Know Economics
I am a geek. But I often find that when a tech author is reporting on certain events, he lacks a proper understanding of economic theory.
The Blessed Institution: Liberty
I use the term “liberal” without irony or contempt, for the liberal tradition in the true sense was devoted to freeing people from the shackles of the state.
The Continued Relevance of Rand’s Villains
So long as Ayn Rand’s villains continue to resemble the reality in Washington, the story of Atlas Shrugged will remain popular. The average American may not be a powerful railroad executive or steel magnate, but most believe they are entitled to the fruits of their labor.
Happy Mother Earth Day, Citizen!
Did you even know it’s International Mother Earth Day today, citizen?
Six Fundamental Errors of the Current Orthodoxy
[Excerpted from the Independent Review (Winter 2010). An MP3 audio file of this article, narrated by Colin Hussey, is available for download.]
NPR Makes an Actual Contribution to Human Understanding
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Pushing the Mises Envelope
It appears some people who consume mises.org everyday or visit via Facebook have an idea in their heads as to what the Institute will offer in the way of articles, what will be blogged about, and what news items might be posted on our Facebook wall. These vocal few have the idea that the Mises Institute should only concern itself with what they consider economics and what they consider libertarian political theory.
Is Budget Austerity Modern-Day Hooverism?
With the debate over the federal government’s budget as the hot topic of the day, the proponents of big spending have gone into overdrive with their mantra that Herbert Hoover was a small-government liquidationist. As often as this myth is repeated, it’s important to show that it is wrong: Herbert Hoover was a big-government man who did not trust the free market. Ironically, I can use the evidence provided by some of these progressive writers themselves to demonstrate this point.
