is a critique of current school choice programs and proposals that emphasizes competition in education as the means of bring about real reform in education. the public school system to problems with current reform proposals to the author’s policy requirements of a competitive education industry. Although the main focus of
What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency that weakening one’s own currency will improve domestically-produced products’ competitiveness in world markets and lead to an export driven recovery. As it accuse their countries’ trading partners of engaging in this “beggar-thy-neighbor” policy and recommend that England and the US respectively enter this so-called
to the irrelevance and sterility of much of macroeconomic theorizing. In terms of policy, the Austrian School looks more and more attractive, given continuing business production and distribution of a given output turned out under conditions of free competition and of a considerable degree of laissez- faire.” The Horror of Marxism
that contradict logic. AEN: How important is this tax issue for French economic policy? SALIN: Extremely. In France, people don t know much about economic theory, They thought the same track was available for economics. They adopted the competitive-positivist approach of Auguste Comte and Saint-Simon. French academics exchange controls, inflation, and worse. At least with the present system, we have competition between currencies. France has a long history of inflating away public
Foreign policy has overshadowed some serious domestic debates that are due to surface measured by real wages. The inability to understand this point is why poor macro policies, which increase nominal wages rates while reducing purchasing power, are on the state. This situation benefits existing skilled laborers who face less competition in the labor market. The resulting environment enables unions to enforce
and into the state sector. The history of socialist theory is bound up with policies toward the medical marketplace. To control people’s access to medical care medical care policies are still seen as the very soul of compassionate public policy, to be expanded and mandated, world without end. In each case, the national original sin of American medicine. Through its ability to limit supply and outlaw competition, organized medicine has punished its customers, although the word is
plans for intervention will instigate. As people react and adjust to government policies, and these policies become more complex and comprehensive, we would move towards comprehensive envisaged unfold. Such intervention then leads to a situation where we replace competitive markets with at best heavily regulated markets, and at worst outright
for the White House under the banner of fiscal restraint and a more humble foreign policy but who, once elected, would make the reckless Clinton look like the model of probity with respect to domestic and foreign policies. Under the Bush Administration, the national debt will increase by more than relatively speaking, become the proponents of fiscal responsibility, free trade, competitive markets and neoclassical microeconomics. This characterization sounds
for a stronger and safer financial system, one that is innovative, creative, competitive, and far less prone to panic and collapse,” President Obama said after Well right, in a perfect world where you wanted to inspire innovation, creativity, competitiveness, and have a financial system that’s panic free, you’d immediately new financial technology, as well as the oft-repeated failure on the part of policy makers and legislators to draw the appropriate lessons from painful
fail across the globe, it is increasingly obvious that the problems of monetary policy that we face run deeper than merely finding the correct adjustment to a Taylor reforms are necessary. The purpose of this article is not to argue for particular policies, but to examine a particularly important historical example of how (and how paper notes in circulation [is] adequately controlled by the ordinary processes of competitive banking, and if the requirement of convertibility was maintained, could
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.