The Free Market 17, no. 3 (March 1999) The Equal Pay Act of 1963 trampled on the rights of states to regulate their own labor markets, by overturning local laws enacted to protect women from working long hours, working at night, lifting heavy objects, and working during pregnancy. In addition, the 1963 law prohibited employers and employees from
The Free Market 18, no. 3 (march 2000) In at least one area, the US economic expansion has left a trail of destruction in its wake: on it are members of the profession that pretends to forecast future economic conditions. Gene Epstein of Barron’s, speaking at a Mises Institute conference, cited as an example the famous Wall Street Journal survey
The Free Market 28, no. 7 (July 2010) Many people are rightly concerned about economic conditions, which are far more grim than the official statistics suggest. Young people out of college are facing a stagnant job market. Businesses have rethought expansion plans. Retrenchment continues to be the watchword in nearly every area of commercial
The Free Market 20, no. 10 (October 2002) The US government is attacking capitalism under the guise of cracking down on “corporate criminals.” Corporate CEOs are being demonized and blamed for the collapsing stock market Bubble. Exploiting the Enron and WorldCom bankruptcies, Washington DC has imposed the most sweeping accounting and securities
The Free Market 23, no. 12 (December 2003) The Economist magazine asked in a recent issue: “Why on earth can’t the world’s richest country ensure that Baghdad has water and electricity?” One might think that a publication dedicated to covering the world of markets would already know the answer. The US government is trying to solve economic
The Free Market 24, no. 5 (May 2004) That some factors of production are mobile, says the new protectionist, “proves” that free trade is not as attractive as (supposedly) David Ricardo argued. But factor mobility is not new. It has long been accepted by economists that either goods or people (and other factors of production) move. Indeed, part
The Free Market 24, no. 6 (June 2004) Outsourcing, offshoring, what- ever the name, has become a hot issue in this election year. (As I write these lines, the government has announced that 2,400,000 manufacturing jobs have disappeared in the last three years, currently leaving more than 9,000,000 Americans without jobs.) Blaming free trade for
The Free Market 18, no. 12 (December 2000) Statism was the primary theme of this year’s election. The political issues of the day were all approached from the interventionist point of view. For George W. Bush and Al Gore, it was not a matter of whether government should be running a social security scheme or not. It was only a matter of how
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.