David French, maybe National Review ’s most reliably wrong scribe, issued this gem in response to the FBI raid on Donald Trump’s residence in Florida: Imagine thinking federal police agents and lawyers will be “held accountable,” or that presidents are not above the law! Is this an afterschool special? “Let’s wait and see, folks, before we judge
Raghuram Rajan has written a surprising book. Now teaching finance at the University of Chicago, he is an international bureaucrat in good standing, and not a minor one at that; he was chief economist of the International Monetary Fund. Yet far from calling for an increase in “global governance,” as one might expect from someone with his
Raghuram Rajan has written a surprising book. Now teaching finance at the University of Chicago, he is an international bureaucrat in good standing, and not a minor one at that; he was chief economist of the International Monetary Fund. Yet far from calling for an increase in “global governance,” as one might expect from someone with his
The Virtue of Nationalism Yoram Hazony Basic Books, 2018 285 + vii pages Yoram Hazony is a thinker of great originality, and in The Virtue of Nationalism , he enables us to see nationalism in a new way. He is not a libertarian, but his way of looking at nationalism can be of great value to libertarians in understanding how our views should be
Alienated America: Why Some Places Thrive While Others Collapse Timothy P. Carney Harper Collins, 2019 xiv + 348 pages Timothy Carney, a researcher at the American Enterprise Institute and editor at the Washington Examiner , has a message of vital importance for supporters of the free market. This message is not, though, the only theme of his
Skin in the Game: Hidden Asymmetries in Daily Life Nassim Nicholas Taleb Random House, 2018 To review Skin in the Game is a risky undertaking. The author has little use for book reviewers who, he tells us, “are bad middlemen. Book reviews are judged according to how plausible and well-written they are; never in how they map the book (unless of
Most often the state compels you to do things, not because these things are supposed to be good for you, but because they fulfill the state’s purposes. The state doesn’t take your money to help you. Sometimes, though, the state does pass laws that claim to restrict people for their own good, e.g., laws that forbid use of certain drugs that are
Presidential elections in the United States spawn Really Bad Economic Policies, and 2016 is a vintage year. Bernie Sanders is resurrecting socialism, and others seek to outdo him. However, before leaping into the abyss of campaign rhetoric, I first note that none of the current candidates are doing what Ron Paul did during his presidential primary
Few books have as misleading a title as Hard Choices . For Hillary Clinton, as this tedious memoir of her years as Secretary of State makes evident, there are no hard choices. The Solutions to all political and economic problems are easy. We must always rely on the directing hand of government, guided by the superior wisdom of our moral and
No matter who wins the presidential election next month, the media and the political class will whoop up the result as another triumph of American democracy. Regardless that the winning candidate’s path to power was paved with lies and shenanigans, we will be assured that “the system works.” But the only certainty at this point is that America
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.