To paraphrase Mark Twain, it’s a difference of opinion that makes a horse race. And for most people the most critical race of all is to amass sufficient assets to live a comfortable retirement. At the Mises Institute conference on Austrian Economics and the Financial Markets held in Las Vegas last weekend most speakers admitted that the investment
Talk to any financial advisor or read a book about saving for retirement and the word diversification comes up time and time again. Diversify, diversify, and diversify. Like your mom told you: don’t put all of your eggs in one basket. For too many people, diversification means putting a certain percentage of your money in stocks and the rest in
Nationally syndicated newspaper columnist, and frequent LRC contributor, Vin Suprynowicz has written tirelessly of the abuses of government. Alas, the stories of the ham-handed antics of petty bureaucrats and the goons representing the various branches of this nations law enforcement agencies are so frequent he cannot cover all of them. But what
Just what accounts for the people’s love affair with government? Make any attempt to discuss decreasing the amount of government (let alone eliminating it entirely) in our lives and people recoil in horror. “Well, what about roads? Don’t you think government is needed so we can have roads?” No. “OK, what about national defense? We need government
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.