Thomas Piketty A Brief History of Equality Harvard University Press, 2022 Thomas Piketty’s Brief History is the fourth installment of his assault on economic inequality, following as it does the best-selling Capital in the Twenty-First Century and Capital and Ideology . The third, Time for Socialism: Dispatches from a World on Fire,
The Littleton massacre showed the local police and SWAT team to be bumbling fools who were far more concerned about their own safety than that of the students or citizens. Actually, this is not just a single case but a systemic problem in all government law enforcement. In his new book, To Serve and Protect , Bruce Benson demonstrates that the
Economists of an Austrian bent just can’t take off their analytical spectacles, even when undertaking simple life activities like driving from here to there. Fortunately, this unusual way of looking at events and institutions yields fascinating results, as with a recent commute that nicely illustrated the universal truth that governments cause
[This article is excerpted from chapter one of The Economics of Prohibition .] Prohibition has an ever-increasing impact on our daily life. In the United States, prohibition against certain drugs, involving “wars” on them, has become one of our most visible and hotly debated national problems. The purpose of the following investigation is to
Introduction [ previous article ] The Origins of the “Economics” of Prohibition In Defense of Prohibition Prohibition’s Blue Monday The Economics of Heroin Prohibition The Economics of Addiction [This article is excerpted from The Economics of Prohibition .] Economists and Prohibition “I hold that there is nothing much wrong with standard economic
Lou Dobbs declares that there is only one option in the war on drugs — victory. I agree. The real question is how to achieve this victory. The two things we know for certain are that we will never eliminate drug abuse and addiction and we will never make any real progress towards reducing drug abuse and addiction by government. All the rest of the
A couple of weeks before Katrina, I had purchased a selection of several dozen bromeliads from the estate of the recently deceased past president of the American Bromeliad Association and moved them from the back yard of her house on Royal Street in the French Quarter of New Orleans to Auburn, Alabama. At the time my biggest fear was that the
[This Mises Daily was originally published May 7, 2008. An MP3 version of this article, read by the author, is available for download .] It seems that we may never rid ourselves of the broken-window fallacy. Hurricane Katrina certainly did not stop economists from proclaiming the silver lining of natural disasters. On September 9, 2005, Labor
[This article originally appeared in The Free Market , April 1998; Volume 16, Number 4.] Listen to the MP3 audio version of this commentary . British Prime Minister Tony Blair apologized for doing “too little” in response to the Irish Potato Famine of the 19th century that killed one million people and brought about the emigration of millions
The Free Market 14, no. 3 (March 1996) Look at the back of your computer monitor, the bottom of your table lamp, or the label on your hair dryer. Chances are you will see the symbol “UL” with a circle around it. It stands for Underwriters Laboratories, a firm headquartered in Northbrook, Ill., and an unsung hero of the market economy. Most
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.