The Free Market 8, no. 2 (February 1990) The banking dilemma seems eternal, like the of every dollar. Depending on the specific management, depositors, and financial markets, the average bank may be prepared to accommodate a sudden demand for no depositor, even a sophisticated one, would be allowed to lose his money in a failure, if it could possibly be helped. But other problems are cyclical and still
The Free Market 8, no. 1 (January 1990) The pace of change in the Soviet Union and Eastern communist regimes. The subsidies and transfers helped them cover up the inevitable failures of communism and prolong its life. Since, as Mises first pointed out in countries trying to carry out socialism must fail. The Bolsheviks admitted failure in 1921 when they switched from War Communism to the New Economic Policy,
The Free Market 8, no. 6 (June 1990) Riots in the streets; protest against a hated Mrs. Thatcher’s regime in Britain, a supposed paragon of liberty and the free market. What’s going on here? Are antigovernment demonstrators always, by definition, quite well with the new tax, and no egalitarian would bother about protesting its failure to soak the rich. But instead of drastically lowering the amount of local
The Free Market 8, no. 10 (October 1990) Sometimes it seems that our entire apparatus of “cost” to the landowner was zero (or is limited to the costs of advertising and marketing his find). There is no guaranteed profit margin on the free market. A prices (caused by current and anticipated supply cutoffs) were treated as moral failures on the part ofoil men and combated by maximum price controls imposed by
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.