The recent takeover of Anheuser-Busch by the Belgian company InBev has raised the usual set of fears about the alleged takeover of the American economy by foreigners. Perhaps it is because Anheuser-Busch produces iconic American brands, but the public reaction to the takeover exhibits the voter biases identified by Bryan Caplan in his 2007 book
In a July 21, 2008 column in the Jewish World Review with a shouting headline of STOP OIL SPECULATION NOW!, Dick Morris and Eileen McGann argued that the government should take action to restrict trading in futures markets. They are mistaken, however, in their assessment of oil speculation. Speculation is an important part of the supply and demand
[From a talk given to a Memphis-area discussion group on Tuesday, October 14, 2008.] Here we are in the midst of a Great Financial Crisis, with some likening it to the Great Depression and with many more claiming that something must be done. Specifically, people are clamoring for government to fix this latest, greatest crisis of capitalism.
Today is “Blog Action Day;” here’s an apparent mission statement from the official website : “Today thousands of bloggers will unite to discuss a single issue–poverty. We aim to raise awareness, initiate action and to shake the web!” I’ve been telling people for weeks that economists are the wet blankets of the world, so keeping this in mind I
We are right in the middle of a season of summer seminar season. Some students are attending only one seminar, and others are completing a rigorous circuit of seminars sponsored by the Institute for Humane Studies, the Independent Institute, the Cato Institute, the Mises Institute, the Foundation for Economic Education, the American Institute for
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.