Invariably, on the path to modernity, there will be clashes between tradition and innovation; however, the triumph of the former results in stagnation. Like other places, Europe suffered from antimarket policies and cultural romanticism, but it became the first place where tradition was
people. Economist Niclas Berggren demonstrated in an influential study that policies that aid economic freedom, like trade liberalization and financial in inequality. Our paradox is that while markets lead to inequality by driving innovations, market societies also eliminate special privileges that previously
free and a system of trading that allows people to voluntarily associate, innovate, save, and work based on mutual benefit. The economy is not controlled, up with particular societies and settings, of course, but from the standpoint of policy, they are best ignored. It is the job of charity, not government, to care for rights on the world. Yet these are all actions the U.S. has undertaken as normal policy since the 1930s. Our rulers seem to think that they must be bribing someone,
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.