The Free Market 14, no. 5 (May 1996) It was November 25, 1945, and the overpaid workers at General Motors were striking, again. Their gripe? Company profits were up, but wages were not. They demanded a shorter workweek and higher pay. Then as now, this government-backed union was using its legal privileges to stick it to consumers and employers.
The Free Market 14, no. 5 (May 1996) To the outside world, it appears that all economists agree: free trade can never be compromised. Inside, the picture is far more complicated. Good economists, preeminently the Austrian School, favor liberty across the board. Yet among the mainstream, economists who favor big government at home likely reject
The Free Market 14, no. 7 (July 1996) Voter opposition to major “free trade” agreements helped propel a surge in protectionist rhetoric this year. Even constituencies when should be naturally free trade—Republican conservatives—have fallen prey to old fallacies. But mainstream Republicans largely have themselves to blame for this phenomenon. By
The Free Market 14, no. 11 (November 1996) The Senator has a painful announcement to make. His daughter is mentally ill. This gives him special insight into a social injustice: insurance companies are less willing to cover mental illness than other forms. They place annual and lifetime limits on the number of permitted psychiatric sessions, for
The Free Market 14, no. 11 (November 1996) As the Cold War wound down, opinion elites discovered a new menace: “unfair trade practices.” These are the subsidies, protectionist tariffs, and various regulations and business practices other countries use, which hamper the export of American goods. A new threat, a new crusade, and this one in the
The Merchants Of Death Mises Review 2, No. 1 (Spring 1996) WALL STREET, BANKS, AND AMERICAN FOREIGN POLICY Murray N. Rothbard Rothbard-Rockwell Report , 1995, vii + 100 pp. Defenders of the free market are often stigmatized as uncritical apologists for big business. Nothing could be further from the truth, as readers of this book will at once
Living Well Mises Review 2, No. 1 (Spring 1996) PUBLIC POLICY AND THE QUALITY OF LIFE: MARKET INCENTIVES VERSUS GOVERNMENT PLANNING Randall G. Holcombe Greenwood Press, 1995, 190 pp. Randall Holcombe identifies a paradoxical feature of much public argument about economic issues. Socialism has collapsed. The Workers Paradise is no more, and even
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.