Jason Ditz writes at Antiwar.com: The Obama Administration is seeking to avoid any discussion of the massive costs of the new war on ISIS, with the White House pointedly refusing to provide any estimates on what the war has cost so far, or what it will cost in the future. An unbudgeted war, the administration has so-far been paying for the
Summer’s over at the Mises Institute, but we had lots of great graduate and undergraduate students here this year for Mises University, Rothbard Graduate Seminar, and the Summer Fellows program. It’s not too early to think about which 2015 programs you’ll apply for. At Mises U 2014. Credit: Matt
Mark Thornton and Alan Butler have a lively conversation about seasonal adjustments to economic numbers and the FOMC’s latest. Thornton’s interview begins at 1:35:00.
Some new ones in Polish: “ Różnice nie zawsze oznaczają dyskryminację “ translated from “ Differences Don’t Necessarily Equal Discrimination ” by Andrew Syrios “ Opieka społeczna, płace minimalne i bezrobocie ” translated from “ Welfare, Minimum Wages, and Unemployment ” by Greg Morin. Many more here. And in German: “Müssen die Anhänger der freien
[When it comes to drumming up support for foreign wars in the US, little has fundamentally changed over the past century. Justin Raimondo on “Progressivism and the rise of the welfare-warfare state” :] Ticking at the heart of American society all through the 1920s was the mechanism of false prosperity, which was blowing great quantities of air
Michael Pollaro writes at Forbes that “deceleration” in the money supply is increasing the risk of an economic bust. Pollaro, of course is using not the standard Fed-approved measures of the money supply, but the Austrian “True Money Supply” ( explained in detail here .)* Pollaro writes : The True “Austrian” Money Supply (TMS) as represented by
Originally published at LiveFreeBlog.com: The Case Against Repealing Marijuana Prohibition? by Mark Thornton The recent victories in favor of legalizing recreational marijuana consumption in Colorado and the state of Washington have given hope for the eventual repeal of national marijuana prohibition. Many states have reformed their marijuana
On Mises’s Birthday : We live in a time in which many people claim to be libertarians or at least hint that they are. This includes many obviously unlibertarian people such as Bill Maher, Paul Ryan, and Michelle Bachmann. It’s arguably a good thing when people who have no real interest in your ideas claim to be part of your movement, although
The shooting death of John Crawford in an Ohio Walmart store well illustrates the difference between private security and monopoly government security which is the final judge of its own actions, and which enjoys essentially limitless access to cash via the taxpayer. The basic facts are these: Crawford picked up a BB gun (which is not in any way a
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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.