Tom Woods discusses the economics of the police state at last week’s Mises Cirlce in Houston. Recorded at the Mises Circle Southwest Regional in Houston, 18 January 2014. Includes an introduction by Jeff
As I posted at the LRC Blog , if there’s still anyone out there whose interest in Austrian economics has been piqued but who hasn’t pursued the matter, you really need to drop everything and get Gene Callahan’s Economics for Real People . When this book came out last year I meant to review it for an Internet outlet. It’s a perfect book for a
It is my personal opinion that MES ( previous edition , Scholar’s edition , or online ) should be read by everyone interested in learning about economics, and, by extension following Mises , this book should be read by everyone. It should also be at the top of your reading list. That is, read this book as soon in your education of economics as
As many readers doubtless already know, David Nolan, a founder of the Libertarian Party, died yesterday in Tucson, Arizona. He was on the side of the angels, so to speak, on the issues so many of us care about. He was also a model of civility: he could disagree with others without purging or smearing them — a vanishing quality in our world. I’ve
Or so we read in the Washington Post . Austrian business cycle theory is studiously avoided, of course, and “animal spirits” are back. We get one paragraph about the Japanese stagnation of the 1990s, but no acknowledgment at all that none of the Keynesian tools accomplished a thing. Have at this one,
As we look at things that impress us technologically we also have a certain trepidation, because we’re told that robots are going to take our jobs. “Yes, the internet is wonderful,” we may say, “but robots, I don’t want those.” I don’t mean to make light of this because robots are going to take a lot of jobs. They’re going to take a lot of blue
In the wake of the Vietnam War Congress passed the War Powers Resolution of 1973. As the history books would have it, Congress thereby restrained presidential war powers and reasserted traditional congressional prerogatives in foreign policy as envisioned by the Constitution. Not so. Not even close to being so. Congress did pass the War Powers
We are long past the point at which constitutional arguments have much hope of restraining the American political class, either at home or abroad. They are still worth making, though, since they serve to show the two major parties’ contempt for American law and tradition. Ever since the Korean War, Article II, Section 2 of the Constitution — which
I know I am spending too much time on these crazy LaRouchian claims — see my post on the argument that Austrian economics benefits the plutocrats, and therefore has been promoted by them. You will hear it mentioned that the Rockefeller Foundation funded Ludwig von Mises, and that this proves Austrian economics is supported by the elites, even
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.