As many readers doubtless already know, David Nolan, a founder of the Libertarian Party, died yesterday in Tucson, Arizona. He was on the side of the angels, so to speak, on the issues so many of us care about. He was also a model of civility: he could disagree with others without purging or smearing them — a vanishing quality in our world. I’ve
Or so we read in the Washington Post . Austrian business cycle theory is studiously avoided, of course, and “animal spirits” are back. We get one paragraph about the Japanese stagnation of the 1990s, but no acknowledgment at all that none of the Keynesian tools accomplished a thing. Have at this one,
As we look at things that impress us technologically we also have a certain trepidation, because we’re told that robots are going to take our jobs. “Yes, the internet is wonderful,” we may say, “but robots, I don’t want those.” I don’t mean to make light of this because robots are going to take a lot of jobs. They’re going to take a lot of blue
As we look at things that impress us technologically we also have a certain trepidation, because we’re told that robots are going to take our jobs. “Yes, the internet is wonderful,” we may say, “but robots, I don’t want those.” I don’t mean to make light of this because robots are going to take a lot of jobs. They’re going to take a lot of blue
In the wake of the Vietnam War Congress passed the War Powers Resolution of 1973. As the history books would have it, Congress thereby restrained presidential war powers and reasserted traditional congressional prerogatives in foreign policy as envisioned by the Constitution. Not so. Not even close to being so. Congress did pass the War Powers
We are long past the point at which constitutional arguments have much hope of restraining the American political class, either at home or abroad. They are still worth making, though, since they serve to show the two major parties’ contempt for American law and tradition. Ever since the Korean War, Article II, Section 2 of the Constitution — which
Tate Fegley, a 2018 Research Fellow, joined the Tom Woods show to discuss the perverse incentives that exist with government law enforcement, and how the private market would be a better approach to police services. To read more from Tate on the topic, check out his Mises Institute author
Ludwig von Mises and F.A. Hayek’s criticisms of Marxism are among the most famous works within the Austrian school. Less discussed are some of the specifics criticisms of Eugen von Bohm-Bawerk. G.P. Manish joined the Tom Woods Show to discuss the topic, inspired by a recent Mises Wire article.
Recently Mark Thornton joined the Tom Woods Show to discuss his new book The Skyscraper Curse, and How Austrian Economists Predicted Every Major Economic Crisis of the Last Century . Download the show
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.