This from today’s Wall Street Journal indicates how woefully uneducated today’s businessmen are in economics: “The thinking now is that because of the current federal policy and more sophisticated management of the economy , there will be less volatility,” said Dan Meckstroth of the Manufacturers Alliance.” (italics
Paul Krugman’s latest column is an economic, historical and ethical mess. While his diagnosis of the problem is partially true (rising insurance premiums in employment-based health care have stifled job growth), his answer is more of the same: increased government intervention. He does not address government mandates, such as community rating, and
What follows is a bibliographic attempt to answer the question of what makes libertarians and conservatives different. Where possible I have linked to the articles and books, but much of the debate transpired before the advent of the Internet, and as such, is only available in hard copy. Two sources in particular warrant special attention – Murray
A good op-ed piece appears in the NYT today by New York University law professor Daniel Sahviro. Far from shrinking the size of government, Bush’s tax cuts only fuel its growth. He writes: “The growing federal debt is virtually certain to lead to offsetting tax increases down the road. Does anyone really believe that in 10 years, when Social
From the BBC: “A Japanese company has begun making stab-resistant coats and sweatshirts as fears about public safety rise following a series of gruesome attacks. Madre, the maker, said it was providing the products in response to requests from worried parents.” Read the whole story
As we’ve seen with the manufacturing “crisis,” the “outsourcing of America” is a total farce. As reported in today’s NYT (registration required) and WSJ ($), the total number of jobs lost due to outsourcing was 4,633—only 2.5% of the 182, 456 jobs reported lost during the 1st quarter of this year. I’ve already emailed these articles to Lou
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.