In all the commentary on Patrick J. Buchanan’s new book ( The Death of the West , NY: Thomas Dunne Books, 2002), has anyone discussed his silly economic fallacies and highly interventionist policy agenda? This is the conservative book of the year, the core thesis of which (the West needs higher rates of population increase to keep up with the
Newport, Rhode Island, is surely one of the most spectacular places in the United States, and, for what its amazing mansions of the Gilded Age represent, it should be considered the Mecca of American capitalist private wealth, suitable for pious pilgrimages of every sort. Visitors to European palaces return home to say the sheer scale has to be
The Free Market 14, no. 2 (February 1996) Middle-class incomes, the core of what we call the “standard of living,” have been falling for more than two decades. Though people have known this intuitively, only recently have we heard much about it. Economists and the media have been conditioned to look for the ups and downs in the business cycle,
Just in case you might think that the curbing of free enterprise and individual rights is something new in American history, someone just sent me a headline from the New York Times dated May 30, 1918 . “Navy Man Indicted for Food Hoarding.” It reads as follows: Indictments were returned by a Federal Grand Jury here today against Medical Director
Sometimes articles are so exasperating there is no sense in even attempting a response, but usually these don’t appear in the Wall Street Journal . Selection from Thomas Frank: What has overtaken America’s working people is not a natural disaster like “globalization,” and not even some kind of societal atavism in which countries regress
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.