Recently, Peter G. Klein appeared on the “The Wilkow Majority” radio program. In this excerpt, host Anthony Wilkow and Peter Klein discuss government intervention in healthcare and some of the resulting unintended consequences and market distortions.
Dave Howden, editor, has announced the release of the first issue of the new The Journal of Prices & Markets from the Ludwig von Mises Institute of Canada. This journal should be a great new outlet for Austrian influenced economists to complement QJAE and RAE. HT to all who worked so hard bring this new journal to fruition and congratulations to
Everyone loves (or loves to hate) these two articles about Ebenezer Scrooge’s many great economic services to humanity. Butler Shaffer writes in “ The Case for Ebenezer “: As I became older, I decided that Mr. Dickens had given Ebeneezer Scrooge an undeserved reputation for villainy, placing him in such company as Uriah Heep, Iago, Dr. Moriarty,
Overstock.com’s CEO Patrick Byrne explains some reasons why Overstock now accepts Bitcoins: Fortune: Do you own any bitcoins? Patrick Byrne: No. I own gold. Really, how much gold? A lot. Let’s just say enough that if zombies walked the Earth I will have enough gold that me and mine are taken care of. But you’re obviously a bitcoin fan. Why?
Mises Institute President Jeff Deist discusses the the Mises Institute and Austrian Economics on the Korelin Economics Report radio program. Click on Segments 7 and 8 to hear or download Jeff’s segment of the show. (Audio, approximately 20
Normally, I wouldn’t bother examining an article like this, but the author of the piece tries to score some points using Walter Block and the Austrian School as examples, so I’ve commented. My remarks in brackets: ANALYSIS: Are free-market Catholics ignoring Pope Francis? (RNS) On one level, the recent clash over Catholic University of America’s
As I noted in this Mises Daily article from 2012: [C]hambers of commerce across America, and other lobbying arms of the so-called business community are in the business of lobbying ceaselessly for more government spending, for more subsidies, and for more state power in the name of “business-friendly” policies that often amount to little more than
James Grant in the WSJ discusses Roger Babson, Irving Fisher, and John Moody: So when stocks crashed in 1929, Hoover, as president, summoned the captains of industry to the White House. Profits should bear the brunt of the initial adjustment to the downturn, he said. Capital-spending plans should go forward, if not be accelerated. Wages must not
Peter Klein articulates several reasons why our current “Healthcare System” is so expensive, and explains how only the free market, with transparent pricing and competition, can halt the escalating
Contrary to a certain nostalgic nationalist myth that still endures, the US Constitution as first conceived was never intended to limit government power. The primary purpose of the Convention of 1787 was to increase federal power, as the older constitution of 1776 (i.e., the Articles of Confederation) was regarded by centralizers as being too
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.