California is a beautiful state with a (mostly) mild, sunny climate, which is one reason why so many people live there. But who would want to move there, it is often asked, if one had to endure chronic water shortages, earthquakes and now, “rolling blackouts?” These events are typically blamed on either Mother Nature or the free market, but in
Americans have been led to believe that when they celebrate Abraham Lincoln’s birthday each year on February 12 they are celebrating freedom, the preservation of the union, and a reaffirmation of the principles of the Declaration of Independence. This belief is a testament to the notion that in war the victors get to write the history. Lincoln
A recent trip to Santa Monica, California, provided me with a clear explanation of why Californians, despite all their wealth, talent, and resourcefulness, have the energy supply system of a Third World country. Like so many tiny Latin American dictatorships, or the outer provinces of India, Californians can no longer rely on a steady supply of
America’s emergency room physicians met recently for their annual convention and emerged with their well-scrubbed hands extended and begging for government handouts. Terrorism, they say, means that taxpayers will have to hand over additional billions of dollars to the emergency rooms of America’s hospitals. Additional tax dollars would not be
The Free Market 19, no. 3 (March 2001) Some ninety percent of all antitrust lawsuits are litigated by the private antitrust bar, which is to say, they involve one company suing one of its rivals, as opposed to the government bringing the suit. As a rule, whenever one company sues a rival it is because the rival is charging lower prices or
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.