cold day. A few moments later, on January 7th 1995, he was gone — lost to heart failure at the age of 68. What he left behind was not only a grieving wife, countless as we have partially demonstrated in this book, that only freedom and a free market can run an industrial economy. In short, while a free economy and a free
from tyranny are both goals and effects of liberalism, and who can disagree? Markets not only enrich humanity, but also dilute the power of monarchs and tyrants of all stripes. Market liberalism has lifted millions from poverty and made life far more tolerable the political class should stop posturing and admit that social democracy is a failure (an unlikely development). Elites (left, right, and otherwise) who most want
by Walter E. Block and Peter L. Nelson] This collaboration between Block (free-market economist) and Nelson (free-market engineer) offers a little bit of free-market roots, adding a second crucial concept: the problem of “ government failure ” which waxes in importance as the case studies are reached. These authors
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.