Daniel Kahneman (the psychologist who won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2002) and Jonathan Renshon try to explain why those who are more willing to favor military action and coercive force succeed in tipping the scales in international affairs: As the hawks and doves thrust and parry, one hopes that
What’s The Number? Economic Aspects of the PGA Tour: ...So what’s the number? “We’re still talking basic here, a little pampering but none of Greg’s Ferraris. You can get by comfortably on $400,000 a year.” I almost forgot. I want an airplane. “Interesting you say that, because a private jet is one extravagance you could legitimately consider a
Children of Men director Alfonso Cuaron, writes in the Guardian of a borderless state of freedom with regard to film-makers that perhaps presages a wider movement in many other markets: “My hope for the future is for people to start cutting loose from those geographic roots, to begin moving towards a state of freedom, of rootlessness. I feel this
There is a very revealing aspect of this story that Gene Weingarten wrote about in the Live Discussion : There is an interesting backstory to this event, and it reveals something enlightening about the nature of government bureaucracy, versus private industry. I first got the idea for this story about two years ago, when I emerged from the
While I have not been able to slog through Ayn Rand’s “magnum opus,” perhaps adult worker bees have as scientists try to explain the massive disappearance of honey bee colonies in the United States and Europe. Colony Collapse Disorder (CCD) has been discovered in 27 American states, Croatia, Spain, Switzerland, Portugal, Turkey, Greece, Poland,
The Mises archives are truly a wonderful thing. I was reading the brilliant and deserved article on the illustrious Pascal Salin by Dr. Hülsmann when I found this insightful interview with Dr. Salin . I was struck by this question and answer: AEN: Last night, Ralph Raico argued that achieving the goal of a free society will require more than
John Stossel writes in his column today: Individual freedom, with minimal government, made it possible for masses of people to cooperate for mutual advantage. As a result, society could be rich and peaceful. As the great economist Ludwig von Mises wrote, “What makes friendly relations between human beings possible is the higher productivity of the
More bon mots from Dr. Hulsmann’s Mises - The Last Knight of Liberalism : “In the preface to the German edition [of his General Theory ], Keynes boasted that his theory was particularly well suited for totalitarian regimes and lamented that it was less fit for the conditions prevailing in freer societies.” On p. xxvi of his Collected Writings
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.