The supporters of socialized healthcare dream that everything will remain the same, except that someone else will pay the bill. But man changes by degree as liberty is lost, writes Jim Fedako. This audio Mises Daily is narrated by Steven
In socialist countries of old, it was easy to find cookies and candies in state-owned stores while fresh meat and bread was rare, writes Jim Fedako. This audio Mises Daily is narrated by Joe
[ This weekend: The Mises Institute in Manhattan!] Is your state’s economy in the doldrums? Does it need a kick start to get it humming again? The immediate and boring solution is reduced government regulations and tax cuts. But according to a new civic ethos, the long-term and innovative solution is mandatory, all-day kindergarten. That’s rights,
The Free Market 25, no. 10 (November 2007) A persistent virus is beginning to spread, threatening to sweep the country as the next great epidemic. What is the ill? The Fourier Complex of course. The Fourier Complex ? Yes, it is the mental state—syndrome—identified by its vile symptoms: extreme envy, fear of the free market, belief in
You hear it from them all the time; teachers just want a fair wage. Oh, well who doesn’t? This line of thought begs two questions: How are wage rates established in a free market? And, are market wage rates fair? How are wage rates established in a free market? The insights from the Austrian School of Economics show that workers earn their
Living near the home of a major state university, national collegiate rankings are a real source of pride. There are the typical sports rankings that make the headlines; those for football and basketball in particular. But lately, The Columbus Dispatch has reported and editorialized on a new ranking; research and development expenditures at U.S.
It appears that the Appalachians are about to move again. Earthquakes? Shifts in tectonic plates? Not this time. Instead, the movement will be the result of an even more damaging force: congressional legislation. As a young buck growing up in Pittsburgh, I enjoyed riding my bike through the hills and valleys of the Appalachian Plateau of
The NY Times is reporting that billionaires Eli Broad and Bill Gates are “ joining forces for a $60 million foray into politics in an effort to vault education high onto the agenda of the 2008 presidential race. †What appears to be an extension of their philanthropic activities is simply seed money for the next political solution to failing
Ludwig von Mises warned of the unintended consequences that result from government interventions . In line with his warnings is the misallocation resulting from malinvestment by government in activities that are not the best use of scarce resources. These malinvestments create capital structures unsupported by real wants and desires. Bust comes
Today, NPR (All Things Considered) reported on the recent passage of the College Cost Reduction and Access Act by Congress. Oh, if life were so easy. Another few hundred dollars in per-student Pell Grants, lower interest rates, and capped loan payments will transfer more wealth, but the bill is not — as advertised — the “largest single investment
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.