The Free Market 25, no. 1 (January 2007) When I was about 18 years old I purchased my first bit of real estate. It was a four-family apartment house in the Sheepshead Bay neighborhood of Brooklyn, New York, right near the ocean. I thought that one day it would become quite valuable. It was rent controlled and the rents were extremely low, so I
The Free Market 25, no. 4 (April 2007) Murray N. Rothbard (1926–1995) was dean of the Austrian School. This article, which appeared in National Review in 1959, is the introduction to the new Mises Institute edition of Hazlitt’s Failure of the “New Economics.“ For most people, economics has ever been the “dismal science,” to be passed over
The Free Market 25, no. 5 (May 2007) After the shooting rampage at Virginia Tech, many well-intentioned people all over the country have been calling for increased gun control laws. However, economists tend to oppose gun control laws, since such laws generally pay no attention to basic economic issues. Let’s start with the relationship between
The Free Market 25, no. 6 (June 2007) In response to mounting controversy over the student loan industry, the House passed the Student Loan Sunshine Act by a large margin (414–3). The Act would require lenders to disclose any financial relationships they have with educational institutions, and it would prohibit certain questionable activities,
The Free Market 25, no. 7 (July/August 2007) The world went bonkers for about ten years way back when. The stock market crashed in 1929, and with it fell the last remnants of the old liberal ideology that government should leave society and economy alone to flourish. After the Great Depression hit, there was a general air in the United States
The Free Market 25, no. 8 (September 2007) The tongue is a discerning instrument; in the hands of a traveled soda aficionado, it is capable of leading to insightful truths about politics. To the drinker who has imbibed foreign sodas, this truth stems from the peculiar, yet incontrovertible fact that American soda is not so hot. Though some blame
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.