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I should have known Murray Rothbard was something special the first night of class when I noticed a fellow student, James Philbin, following behind Murray as he entered the classroom carrying a stool for Murray to sit on as he lectured.

Federal Trade Commission v. Whole Foods Market, Inc.,

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[United States Court of Appeals for the District of Columbia Circuit, Federal Trade Commission v. Whole Foods Market, Inc., No. 07-5276, Circuit Judge Brett M. Kavanaugh, dissenting (November 21, 2008)1

The Bubble in For-Profit Schooling

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The for-profit trade-school industry is booming, but this growth has not been earned by free-market means. The giants of for-profit education have grown fat on a steady diet of government credit, ultimately hurting students.

Fiat Money as an Administrative Good

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Imagine a community with a barter economy where a group of men are permitted to impose a great deal of violence on their fellow citizens. Let’s call this group the state. The state prints paper tickets denominated in numbers and passes them out to the population.

The New State Cookshops

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In the state cookshops everything, even to the smallest details, has been anticipated and settled beforehand. No one person obtains the smallest preference over others. The picking and choosing amongst the various state cookshops cannot, of course, be tolerated.

Treasury Dep. Sec. makes it clear that The Fed had no role in the collapse

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In a recent speech to the Council of Institutional Investors, Deputy Treasury Secretary Neal Wolin outlines who’s to blame for the current collapse. Not surprisingly, he doesn’t even mention the Federal Reserve or Fannie or Freddie. Here are some of his bigger howlers with my comments in brackets:

Wolin Remarks before the Council of Institutional Investors

April 12, 2010 TG-636

Deputy Secretary of the Treasury Neal Wolin Remarks to the Council of Institutional Investors As Prepared for Delivery

Our Founders’ Supreme Court Litmus Tests

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Justice Stevens’ forthcoming retirement from the Supreme Court has triggered instant buzz and opposition research in Washington, beginning with the short list passed over for Sonia Sotomayor. But the focus on politics has crowded out almost all discussion of our founders’ intent for America and the implications for interpreting the Constitution that Justices pledge to defend.

Stop the ACTA (Anti-Counterfeiting Trade Agreement)

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I blogged a year ago about the “Secret intellectual property treaty [that] could profoundly change life on the Internet.” At the time, the text was still secret but it was believed that the treaty: “seeks to set forth standards for enforcing cases of alleged copyright and patent infringement.” Now, as Cory Doctorow notes in

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Studying Under Murray