The Free Market 13, no. 1 (January 1995) What program consumes the largest share of the federal budget? What program is predicted to go belly-up in short order by every knowledgeable observer? What program are the leaders of both parties committing to protect until it bankrupts the country and destroys what’s left of intergenerational amity?
The Free Market 13, no. 1 (January 1995) The election of 1994 was an unprecedented and smashing electoral expression of the popular revolution that had been building up for many months: a massive repudiation of President Clinton, the Clintonian Democratic Party, their persons and all of their works. It was a fitting follow up to the string of
The Free Market 13, no. 2 (February 1995) This past baseball season promised to be the most exciting in my lifetime. Then the players’ union opposed the owners’ demand for a salary cap and refused to work. Baseball struck out. In the battle over blame, the most curious call is the union’s for a “free market.” The most often-cited remedy is to
The Free Market 13, no. 2 (February 1995) Franklin Roosevelt “did bring us out of the Depression,” Newt Gingrich told a group of Republicans after the recent election, and that makes FDR “the greatest figure of the 20th century.” As political rhetoric, the statement is likely to come from someone who does not support a market economy. The New
The Free Market 13, no. 2 (February 1995) When anti-socialist, post-Soviet reformers of the Baltic states sought to reign in government power, they looked to solve the money problem first. Moscow held unlimited power to flood their economies with cheap money, and to fund itself as an imperial power lording it over other peoples. That had to end
The Free Market 13, no. 2 (February 1995) One of the persistent Clintonian themes of the 1994 campaign still endures: if “it’s the economy, stupid,” then why hasn’t President Clinton received the credit among the public for our glorious economic recovery? Hence the Clintonian conclusion that the resounding Democratic defeat was due to their
The Free Market 13, no. 2 (February 1995) America’s bankers consider Robert Morris a hero. More than 15,000 of them belong to Robert Morris Associates. Founded in 1914, the RMA organization strives for professionalism in banking practice and considers ethics paramount. So who is the revered figure after whom this association of ethical bankers
The Free Market 13, no. 3 (March 1995) When a people rebels and declares its independence, a central state can let them go or beat them into submission. With the collapse of the Soviet empire, we’ve seen some of both. In Chechnya, and adjacent Ingushetia, however, the Yeltsin government chose mass murder to maintain its evil empire. Rather than
The Free Market 13, no. 3 (March 1995) In 1994, bondholders lost hundreds of billions, thanks to Clinton’s monetary escapades. What happened? It’s a sad story of interest rates and their manipulation by government planners. In 1993 President Clinton began with a plan to jump-start the economy. His view was simple: the economy was already
The Free Market 13, no. 3 (March 1995) The Republican leadership and their advisers are confirming Murray Rothbard’s doubts. Writing in the Washington Post , Rothbard noted the vast ideological divide between the voters and those who control the Republican Congress. His prediction: the leadership will defend the old order of government control
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.