More starvation and disease or bombers and cruise missiles--these are the only actual choices Washington offers Iraq. No wonder Saddam will risk being bombed to end the economic blockade. United Nations’ authorities have officially recognized Iraq’s compliance with Resolution 687, the basic cease fire resolution, for the destruction of all its
Republican interventionists, along with many would-be imperialists of the political left, have recently criticized “isolationists of the right” for opposing the American attempt to become a world empire. What these critics don’t understand is that America can never be what they want it to be. The United States is institutionally incapable of
SANTIAGO:--Nearly 400 of the world’s freedom-minded economists met for the 33rd bi-annual reunion of the Mt. Pelerin Society . Started in 1947 by Friedrich von Hayek and 35 others including Ludwig von Mises, it remains a meeting place for many of their intellectual descendents. The meeting was hosted by Chile’s Institute for Liberty and
Bin Laden’s objective,” I speculated to Hernando de Soto, Peru’s great author of The Other Path and now The Mystery of Capital , “is the expulsion of American interests from the Muslim world.” “No, no,” he replied, “it’s more than that. He wants American interests out of the whole Third World.” In this scenario, the pessimistic concern is not only
Prosperous, dynamic Malaysia is a country populated mostly by Muslims, a religion adhered to by a quarter of the world’s population but which is widely seen in the West as wedded to an impoverishing system of economics and law. Thus does Malaysia defy the stereotype, and underscore the universal effectiveness of market economies. It is now the
Today Southeast Asia is proof of libertarian concepts that trade and free markets can bring about political stability, international cooperation and, eventually, civil liberties. Also their democratic evolution followed the Anglo Saxon model of direct representation instead of proportional representation (whereby parliaments are selected from
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.