The Washington Post December 22, 1998 No Tears for Clinton NEW YORK—Here on the West Side of Manhattan, on Saturday night, eight hours after the House impeached President Clinton, the citizens around me were crying their eyes out. Yes, this city is a hotbed of Clinton supporters. Alec Baldwin, the actor who blithely suggested on the Conan O’Brien
Neoclassical economists in recent years have cited holiday gift giving as an example of inefficiency resulting in social loss. Why? Because the giver cannot know the preferences of the receiver, and is likely to buy something he does not really want. Instead of giving gifts, say these theorists, we should exchange cash, or, better yet, just keep
[speech delivered in February 1998, as the U.S. prepared to embark on another bombing campaign against Iraq.] Is the U.S. world empire decaying? At first glance, this may seem an odd time to be asking the question. The U.S. is prepared to embark on an openly political war with no basis in just war theory. It can only end in further massive
No political expert could have predicted that in one remarkable month, the speaker of the House would be forced out, the speaker-designate would resign, and the president would be impeached, despite his use of foreign aggression as prime agitprop in his personal war against the truth. As Democrat impeachment debaters warned, the system of
Now available from the Mises Institute and Transaction Periodicals Consortium: The Quarterly Journal of Austrian Economics Volume 1, Number 3 Fall 1998 ARTICLES Hayek’s Money Economy: The Dynamics of Competitive Equilibrium and Socio-Economic Order by G. R. Steele (Lancaster University, UK) Are Markets Like Language? by Leland B. Yeager (Auburn
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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.