This year marks the bicentennial of the birth of one of history’s most ardent defenders of liberty: Frederic Bastiat. Writing just before and immediately after the French Revolution of February 1848, as France was rapidly moving toward socialism, he used logic and satire to expose the fallacies of socialist arguments in several works, including
September 11 has triggered overwhelming generosity by Americans. The American Red Cross was even able to suspend donation requests for its Liberty Fund, because more than half a billion dollars of pledges will cover its expenses in aiding the WTC victims. But that tidal wave of response also triggered controversy, when the Red Cross announced that
League owners decided to eliminate two baseball franchises. What was the response? Of course, politicians from the areas most likely to lose franchises immediately proposed legislation to extort the league to back down. This Fairness in Antitrust in National Sports Act would have overridden part of a 1922 Supreme Court ruling exempting baseball
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.