The recent deaths of John F. Kennedy, Jr., his bride, and her sister, are tragic for their families, their friends, and the staff at George Magazine . For all of the media hype, however, it is not a national tragedy any more than it is a national calamity that several other private pilots died in crashes on the same day. Of course, the sudden
While Franklin Delano Roosevelt narrowly missed being Time Magazine’s “Man of the Century,” there is no doubt that the man who prolonged the Great Depression and helped lay the groundwork for World War II looms large in the consciousness of statist journalists and historians. Although FDR’s role in the Second World War is of utmost importance to
John F. Kennedy has many enduring legacies. Aside from his personal corruption, he embroiled the United States in the Vietnam War, something that still has repercussions more than three decades later. And he presided over the beginnings of unprecedented expansion of the powers of the national government under the guise of the “New Frontier.”
If one has had any doubts, let them be put to rest: the rule of law is now dead in the United States. A Miami, Florida, jury ordered the tobacco companies to pay damages to smokers a sum in excess many times of the companies’ net worth, this as “punishment” for producing what attorneys called a “killer product.” In truth, the very state apparatus
As the political season stumbles to a close, we need to remember that the historical relationship between economic policy, economic performance, and political rhetoric can be wildly unpredictable. For example, all these years later, it is worth reconsidering the presidency of Jimmy Carter, from 1977 to 1981. Many of the reforms that took place
Mt. Rushmore is famous because 60 years ago, someone carved the faces of four dead presidents into its lofty Harney Peak granite cliffs. The mountain itself is located in the Black Hills, a somewhat obscure mountain range in western South Dakota and eastern Wyoming that resembles the Southern Appalachians, which are located a couple of miles from
White House insiders have said for years that Bill Clinton has been desperately seeking a legacy for his administration – other than having been impeached and having disgraced himself and his office. At long last, he has at least two of them. The first of these is the coming recession, his first gift to the incoming administration of George W.
As trial lawyers continue to shake down U.S. businesses for conducting legitimate commercial practices, life insurers are now squarely in the crosshairs of the bar. According to The Wall Street Journal, about seventy-five life insurance companies face government probes for having had “race-based” premiums for their policies. The firm that is
Austrian economists and those who are part of the mainstream—especially the Chicago School—differ on many things, with one of the greatest divides being the subject of antitrust laws. As many writers on this page already have pointed out, Austrians hold that antitrust laws do not need to be reformed; they need to be abolished immediately.
As the once-formidable Enron Empire continues to implode--and new revelations appear daily about the inner workings (and apparent financial shenanigans) of this firm--we are treated, not surprisingly, to the wrong story by the mainstream news media and their associates from the political classes. It is bad enough to see a huge firm go bankrupt,
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.