Stephen is a graduate of The University of Texas at Austin and lives in Texas. He retired from state government service and has time to help family and friends read about economic history.
The federal government aid program in one part of the economy creates a problem. Washington policymakers see a new problem. They believe the federal government should create a new aid program to solve the problem created by the earlier government aid program.
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.