— from the Summary ... Democratic socialism—the ideology that dominates the world today—aspires to become a world state. The route toward it requires a single world currency to be created. That would undoubtedly create a dystopia. Might this become a reality? And if so, how can it be averted? This book aims to find answers to these questions. Part
A Strange Liberty argues persuasively that the faith in democracy as a force for internal peace and dependable constitutional restraints has not worked. Instead, we are left with centralized tyrannies, highly disputable election results, ideologically driven media, and state educational systems that have made war on “traditional” values. The
A Collection of the Political Writings of William Leggett , selected and arranged, with a preface, by Theodore Sedgwick, in two volumes. (1839) This collection provides important example of populist laissez-faire opinion from the Jacksonian Era in the United States. In terms of economic policy, the Jacksonians favored low taxes, decentralization,
Gordon, David, “In DeLong Run ...,” The Austrian 9, no. 3 (Jam/June 2023): 18–20. [ Slouching Towards Utopia: An Economic History of the Twentieth Century by J. Bradford DeLong, Basic Books, 2022 viii + 605 pp.] J. Bradford DeLong, who teaches economics at UC Berkeley and was a protégé of Larry Summer’s dislikes Austrian economics, which he
Gordon, David, “Deneen’s Common Good Statism,” The Austrian 9, no. 4 (2023): 18–21. It’s likely that many readers of The Austrian support the free market and also support “traditional” social values, but in Patrick Deneen’s opinion, this is an unstable amalgam. Deneen, a political theorist who teaches at Notre Dame, thinks that the market
Gordon, David, “Slobodian Contra Rothbard,” The Austrian 9, no. 4 (2023): 22–25. Crack-Up Capitalism will be of interest to many readers of The Austrian because of what it says about Murray Rothbard; and for the most part, I shall limit my review to discussing this. The main point of the book is easy to grasp. In recent decades, the notion of a
Gordon, David, “In DeLong Run ...,” The Austrian 9, no. 3 (Jam/June 2023): 18–20. [ Slouching Towards Utopia: An Economic History of the Twentieth Century por J. Bradford DeLong, Basic Books, 2022 viii + 605 pp.] J. Bradford DeLong, que enseña economía en la Universidad de Berkeley y fue protegido de Larry Summer, detesta la economía austriaca,
Gordon, David, “Slobodian Contra Rothbard,” The Austrian 9, no. 4 (2023): 22–25. Crack-Up Capitalism interesará a muchos lectores de The Austrian por lo que dice sobre Murray Rothbard; y en su mayor parte, limitaré mi reseña a discutir esto. El punto principal del libro es fácil de entender. En las últimas décadas, la noción de un Estado
Most cartels and trusts would never have been set up had not the governments created the necessary conditions by protectionist measures. Manufacturing and commercial monopolies owe their origin not to a tendency immanent in capitalist economy but to governmental interventionist policy directed against free trade and laisser-faire. —Ludwig von
Last week’s decision by the Federal Reserve to pause on interest rates left many unanswered questions, despite reporters raising them during the Q & A session . While the average person may be skeptical that the Fed can control inflation by simply raising interest rates, it’s still a position the Fed holds onto dearly. The problem is that Chair
What is the Mises Institute?
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.