How Government Wrecks the Economy
Whether it’s “pure” socialism or the so-called mixed economy, the historical record is clear that government intervention makes us poorer.
Whether it’s “pure” socialism or the so-called mixed economy, the historical record is clear that government intervention makes us poorer.
Once I understood the fundamental choice was between laissez-faire and statism, it was clear: there was no “third way.”
The demand for online educational programs illustrates how useful they are in the marketplace, and the Mises Institute is already part of this new world of higher education. We seek to become the private online university of the future for Austrian economics, libertarianism, and related areas.
Government officials talk about more entrepreneurship, but they pick particular firms, industries, or technologies, and give them subsidies and benefits. What entrepreneurs need is secure property rights, the rule of law, and sound money. The best government can do for entrepreneurs is get out of their way.
The “public issues” of today are crucially dependent on an understanding of sound economics. Virtually every major “public” or “social” issue involves proposals for government interference with the market. That’s why it’s crucial for lovers of liberty to understand how a voluntary economic marketplace works, in order to explode the myths and lies of its enemies.
According to this Mises U alum, Mises U experience can be applied to some degree programs:
Many young people want to know what has caused this ongoing economic crisis and many are looking for places to study Austrian free market economics
Competition in education, just as competition in the market place, results in a better experience for consumers.
People during the presidential campaigns spoke of a Ron Paul Revolution. But without a revolution in education, there can be no Revolution.
The free-market solution is open entry and competition and nothing resembling a government monopoly of education.