The journalist, television commentator, and former presidential candidate Patrick J. Buchanan has been sharply criticized by his fellow Republicans for allegedly betraying Republican party “free-market” principles in his book, The Great Betrayal . In the book Buchanan argues for protectionism and claims to have presented the strongest case ever
Two winters ago back-to-back Nor’easters slammed the mid-Atlantic coast in Maryland and Delaware, causing significant beach erosion and damage to vacation homes, boardwalks, and businesses. Being the owner of a condo in Ocean View, Delaware, I went down to check on any damage. Although it was the middle of February, the ocean resort towns were
The nauseating and psychophantic blather in the media about “America’s Royal Family” and its “tradition of public service” seemed to go on forever after JFK, Jr., “America’s Prince,” killed himself, his wife, and his sister-in-law in a plane crash off Martha’s Vineyard. The media circus ended its “coverage” with its anointment of Kathleen
*Presentation prepared for the Mises Institute’s conference, “Austrian Economics and the Financial Markets,” Toronto, Canada, September 16-17, 1999. In 1978 Michael Jensen and William Meckling, writing in the Financial Analysts Journal , offered an extraordinarily gloomy prediction for the future of capitalism: “The most spectacular period of
The Free Market 17, no. 1 (January 1999) Unreconstructed Keynesians the world over are now calling for a “Global New Deal” ostensibly to put an end to the business cycle once and for all. President Clinton championed this view in a recent speech before a joint meeting of the World Bank and IMF in which he repeatedly cited President Franklin D.
The Free Market 17, no. 3 (March 1999) If there were justice in the world, Joan Claybrook, the head of the National Highway Transportation Safety Administration during the Carter administration, would be handcuffed to the steering column of a Volkswagen Beetle while an air bag was repeatedly blown up in her face. While in the government
The Free Market 17, no. 4 (April 1999) The journalist, television commentator, and former presidential candidate Patrick J. Buchanan has been sharply criticized by his fellow Republicans for allegedly betraying Republican party “free-market” principles in his new book, The Great Betrayal. In the book Buchanan argues for protectionism and claims
The Free Market 17, no. 7 (July 1999) The international socialist movement, led by Bill Clinton, British Prime Minister Tony Blair, and German Chancellor Gerhard Schroeder, is attempting to revive the disastrous policy of war socialism with which the current century began. Four recent events make clear their intentions: the Nato war on
The Free Market 17, no. 8 (August 1999) Two events during the third week of May proved once again that antitrust regulation is nothing but a scheme to divert the public’s attention away from the real monopoly menace in society: the state. The first event was a phony “predatory pricing” lawsuit filed by the Antitrust Division of the US Justice
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.