Prof. Richard Lindzen, a genuine climate expert from MIT, has written a very valuable op-ed piece in The Wall Street Journal describing the role of government funding and media hype in discussions of global warming. The article can be accessed here . The article appeared yesterday, April 12,
Few issues are more frequently commented on than the shifting of American manufacturing to locations outsides the United States, in order to take advantage of lower foreign wage rates, particularly in Asia. This shifting is what is meant by “offshoring.” With equal or greater frequency lamentations are heard concerning the United States’ chronic
Congressmen no longer read the bills they vote on and thus do not require them to make sense. (The latest example is the passage of a bill by the House of Representatives making “price gouging” illegal while leaving it undefined .) They leave it to the President and the Supreme Court to sort things out. U nfortunately, the present President
In his New York Times column of June 3, Joseph Nocera asks: who among our better novelists has put business front and center? . . . Tom Wolfe comes to mind, of course; his first novel, “Bonfire of the Vanities,” tackled Wall Street in the 1980’s, while “A Man in Full,” his second novel, had real estate as its backdrop. Surely, though, there must
Dear Mr. Reisman— I enjoyed reading your blog just now, but if you go back and read what I wrote, you’ll note that I specifically set a parameter: to qualify a book had to be published in the last two decades. Atlas Shrugged was published, I believe, in 1959. The point I was trying to make is that over the last two decades, as business has become
Paul Krugman is at it again. In today’s New York Times , in his official capacity as a professional bleeding heart “liberal,” he once again revels in his role of flagellating the pursuit of happiness with the whip of human misery. Specifically, he denounces the prospect of the impending Senate vote to abolish the estate tax, on the grounds that
Earlier today I would not have believed it possible that I would write something in praise of an Op-Ed piece in The New York Times. But Nicolas D. Kristof has written an article that demonstrates some serious understanding of a highly charged subject and has had the courage to express it in his column. The title of his article conveys its nature.
A noted economist, Prof. Martin Feldstein of Harvard University, has written an article for the supposedly pro-free-enterprise Wall Street Journal, in which he proposes a system of government gasoline rationing as a means of improving the environment and promoting national security. (The article, titled “Tradeable Gasoline Rights,” appears in the
The collapse of socialism-communism has not only given rise to the remarkable growth of environmentalism, as a replacement outlet for hostility to capitalism, but also to some growth, vastly less considerable of course, in the remnants of the old anarchist movement, which now sometimes calls itself “libertarian” or “left-libertarian.” A leading
Now that my relationship with Pepperdine University has been finalized (I was given the title of “Professor Emeritus”), I want to make my syllabi available to anyone who may be interested. I’ve got basically two of them (one “micro” and the other “macro”). Each of them has eight supplements. The arrangement is somewhat complex and the way I
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.