While E.J. Dionne was certainly wrong about many things in his article from February 9 , I wouldn’t go so far to call it a smear job or a screed. Indeed, Dionne, in his book Why Americans Hate Politics , mentions the tactics and thought of Murray Rothbard on more than one occasion, and gives him a somewhat evenhanded treatment. We should not
In response to E.J. Dionne’s WaPo attack on Austrian economics, Associated Scholar Paul Prentice explains Austrian econ to the readers of the Colorado Springs Gazette : ...Out of these scarce means and unscarce ends, combined with subjective value and human action, emerges a price-driven market economy that creates the greatest good for the
Writes Robert Blumen: Ryan, readers of your blog may be interested in the LinkedIn Group Austrians in Finance . The rapid growth of this network is a measure of the extraordinary degree of interest in Austrian economics globally among investors and financial services professionals. The group has an active discussion forum and as of today has
Thorsten Polleit speaks on fiat currency and the state: Thorsten Polleit, “Organized Crime & The Progressions Towards A Single World Fiat Currency from Property & Freedom Society on Vimeo
Last week I noted the attack on Austrian economics at The Street , and on the Mises Institute specifically. It turns out the article I noted was the second article in a week warning readers to not look behind the curtain, and to ignore the killjoys of the Austrian School who refuse to break out the champagne to commemorate the Fed’s final victory
Now available on Amazon is the Encyclopedia of Modern Political Thought from Sage Publications. Sage was nice enough to ask me to write the section on conservatism in the encyclopedia. The type of conservatism discussed is primarily the global conservative tradition of Burke, Maistre, Metternich, and Pius IX, with some references to the American
Guest Post: After 100 Years Of Failure, It’s Time To End The Fed! by Ron Paul A week from now, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, the Fed’s creation established a banking cartel and a board of government overseers that
In Wednesday’s Mises Daily article, Gary Galles explained how there’s no way to predict the many new ways the marketplace can create, deliver, and sustain amazing new things. This is why freedom is so essential. The impossibility of planning innovation is shown quite well in this 1995 column by a very smart person who predicted the internet would
Bloomberg reports that gold is flowing from some Western vaults to China: “T he Chinese don’t want US dollars anymore, they want gold. “ In 2011, Dan O’Connor wrote on “China’s Hard-Money History: So deeply rooted in the culture were gold and silver that the Chinese people upheld a metallic currency longer than all Western nations, even though
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.