I’ve been there, so the things that John Mackey, CEO of Whole Foods Market, says in the June 2006 issue of Liberty magazine essentially ring true. Whole Foods is big now, one of the nation’s fastest growing mass retailers, with sales last year exceeding $5 billion and a gross profit of more than $1.6 billion — not a bad return in the grocery
Greed for political power can be more harmful to a population’s overall well-being than the capitalist “greed” an entrepreneur might have for a larger market share or the “greed” a worker might have within capitalism for a larger income. As a case in point, recent disclosures about the level of corruption and fraud related to the relief efforts
In 1959, Soviet Premier Nikita Khrushchev and Vice President Richard Nixon walked through a replica of a six-room American ranch house that was on display at the American National Exhibition in Moscow. As the two superpower leaders entered the kitchen area, Nixon pointed to the dishwasher and said, “In America, we like to make life easier for
With all the trouble the Bush administration is in, both domestically and internationally, you’d think the Democrats could come up with something better as an election strategy than an anti-business crusade. Sen. Joseph R. Biden, a likely Democrat presidential candidate in 2008, launched the following salvo against Wal-Mart, the nation’s largest
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.