A recent article in the Wall Street Journal is a perfect example of how bad economic arguments in support of good ends can be easily twisted and used to confuse the general public.
Tom Lehman writes that the recent upward spike in gasoline prices (particularly those following natural disasters) has unleashed a torrent of theories.
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.
