U.S. Adopts Aggressive Tactics in Iraq (MSNBC): “Col. David Hogg, commander of the 2nd Brigade of the 4th Infantry Division, said tougher methods are being used to gather the intelligence. On Wednesday night, he said, his troops picked up the wife and daughter of an Iraqi lieutenant general. They left a note: ‘If you want your family released,
Is Kling embarrassed that he didn’t get a perfect score? Is it really so hard for him to understand that if a person doesn’t share the major beliefs of a typical Austrian economist, then the Austrian would not consider this person to be an Austrian economist? Kling’s score of 78 means that he is not agree with most Austrians on all matters of
Forgive this superfluous post, but a friend just sent me this this picture from a golf shop sign in Ann Arbor, Michigan, in which the Mr. Niblick of Mashie & Niblick, looks surprisingly like Eugen von Boehm-Bawerk
The Executive Branch’s recently released Volume II of the National Climate Assessment (NCA) is a massive document that is being cited as yet further evidence that the U.S. government should act quickly and boldly in the fight against climate change. The coverage in the New York Times was typical: “All told, the report says, climate change
In a recent column titled, “Capitalism, Socialism, and Unfreedom,” Paul Krugman lambasted libertarians for equating “freedom” with minimal government. He ridiculed the recently updated Cato index that ranks the 50 U.S. states according to their “freedom” defined in this fashion. Because he lives in New York state—which came in dead last in the
George Selgin has a 3-part series ( I , II , and III ) at Alt-M taking people (like me) to task for claiming that fractional-reserve banking per se causes the boom-bust cycle as described by Mises/Hayek. To be clear, George is putting aside the issue of whether FRB is fraud, and is just focusing on the economics. (He thinks the people claiming
I am a long-time critic of NYT columnist and Nobel laureate Paul Krugman. In addition to my podcast “Contra Krugman” (co-hosted with Tom Woods), over the years I’ve also written dozens of online articles pushing back against our era’s most influential disciple of Keynes. Some of my favorite essays are now available in my new book, Contra Krugman:
We Austrian economists frequently cross swords with our Keynesian foes on all manner of economic analysis and government policy recommendations. Yet the standard Austrian analysis of the business cycle is also sharply at odds with that of the “Market Monetarists,” a new school of thought coming out of the Chicago school tradition and now gaining
In my previous IER post , I pointed out the huge contradiction in the major media treatment of climate change policy. The same day William Nordhaus shared the Nobel Prize in economics, the United Nations’s Intergovernmental Panel on Climate Change (IPCC) released its latest report. The media lauded Nordhaus and his support of a carbon tax, while
In the comments attached to my article Have Anthropologists Overturned Menger? , David Graeber offered a lengthy response. Below we’ve compiled his comments into a convenient stand-alone post. I’ll respond in turn with a follow-up post. You know serious scholars, if they are trying to refute an argument set forth in a book, actually take a look
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.