Let’s say a City Council set out to improve the community. D oes banning Wal-Mart supercenters, as San Diego has done , contribute to the goal? After all, if the community opposed such stores, they would go out of business. If the community supports them, they would thrive. So there is a test to discern what is good and what is not good for the
Mary Anastasia O’Grady has written an interesting analysis of the Venezuelan mess in the WSJ today, and she quotes Mises on prices: Here’s how Chávez economics “works.” As petro-dollars pour into state coffers, the government takes them to the central bank to get new bolivars printed, which are then pumped into the economy through government
The Anniston Star reports a flood of letters to its offices about its editorial that blamed the Mises Institute for the lack of barber regulation in Alabama. But the paper isn’t backing down. It says that “regulation and private business aren’t incompatible.” Ironically, the paper cites a case a regulated industry, funeral homes, and how those
The Mises Institute has consistently favored free trade--the real thing--while criticizing “free-trade agreements” as mercantilism in disguise. The position is a lonely one, except that looking back history we find that the Austrians were against trade agreements from the beginning, even battling as forms of Keynesian planning. So there is a
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.