And now, there are three, and all happen (?) to be MDs. First, there was obstetrician Ron Paul from Texas. Then, as I noted in a recent posting, Dr. Paul Broun of Georgia, also in the House of Representatives with (Ron) Paul. Now, I learn (politics buffs will have known of him for a long time) of Dr. Tom Coburn of Oklahoma, vying explicitly (a
During the fury and carnage of World War I, little thought was given to two shots fired from a small pistol on a leafy suburban street in Sarajevo that killed Archduke Ferdinand and his wife. Gavrilo Princip acquired fame as the man who started World War I only after the upheaval was over and historians had the leisure to trace causes from
Well, how about that? In an interview for Britain’s Daily Telegraph on a lot of other subjects, Antonin Scalia offered, perhaps without invitation, his opinion on the prominence of laws and (hence) lawyers in his country. It’s at the very end of this article , and he notes that law is the major seemingly chosen in college by all of America’s best
Thomas Sowell has added yet another book to his oeuvre, and judging from this review in the Economist, it contains yet more of the “common-sense” jewels of wisdom for which he has become known, at least to lovers of freedom and free
This article in last October’s Business Week is heartening to the logical reader right down to its second-to-last paragraph. Auden Schendler, a pioneering corporate environmentalist, has seen the darkness, and it’s in the barrel of a gun. Having practiced his craft in an undeniably sincere, energetic, and ingenious manner for well over a decade,
The media have made us all aware of how rapacious lenders and (in a few cases) mendacious borrowers foisted the subprime mortgage mess (SMM) on us. Here and there may have come a whisper about chronically forcibly depressed interest rates and profligate creation of money by the Fed, and never, ever will the elephant in the living room of
This Economist review of Tim Harford’s new book suggests rewarding reading for economist and non-economist alike. Like Human Action , this “economics” book bears a title that eschews the e-word entirely, consistent with the Austrian viewpoint that all behavior is economic
God knows, if it weren’t for intellectual flexibility, we’d probably all still be the mindless statists we were trained to be in the government schools. The career of former Fed Chairman Alan Greenspan illustrated this starkly (and in the wrong direction) in the eyes of anyone familiar with his 1966 essay advocating a gold standard . But those
Encouragingly, the mainstream economics profession has been prating for some time now about the connection between the “rule of law” and economic prosperity and growth. Most libertarians might take this increasingly popular term as mainstream code for “freedom and property rights,” as I do. I feel it’s what they’re trying to get at while: (a)
At first blush, incarceration would seem to involve a loss of physical mobility – you have to stay in the prison all day and all night. You can’t go anywhere else. But you might have TV to watch, videos, recorded music, e-mail, mail mail, the Internet, even the prison library. So, the inability to move about outside the prison can be adapted to.
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.