We study probability and statistics for the same reason we study economics: we want to make sense of the world.
A Billion Dollars of Federally Funded Paranoia
When it comes to excess in the war on terror, it is difficult to compete with the 70+ fusion centers bankrolled by the Department of Homeland Security.
When it comes to excess in the war on terror, it is difficult to compete with the 70+ fusion centers bankrolled by the Department of Homeland Security.
Cut, Don’t Reform, Taxes
Congress may make some small cuts in spending, those cuts will be dwarfed by spending increases on infrastructure at home and military spending abroad.
Congress may make some small cuts in spending, those cuts will be dwarfed by spending increases on infrastructure at home and military spending abroad.
After Obama, a New Dawn or More of the Same?
To succeed, Donald Trump will have to depart from the usual kick-the-can-down-the-road strategy employed over the past decade.
The new movie Gold is a case study in entrepreneurship — and a lesson on how entrepreneurs often fail.
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.