Some personal history on my impressions of Richard Nixon: My earliest memories of Nixon involve Watergate, and my father’s outrage that a third-rate burglary would be the stuff of national scandal. He figured it was a racket. The public school distributed copies of the Weekly Reader , packed with pious propaganda and high dudgeon over the entire
The works of Leonard E. Read, who founded the Foundation for Economic Education (FEE) in 1946, are now online at the Mises Institute . It is probably not the complete collected works, but it is all that he collected in book form. These are books that shaped several generations of activists, donors, writers, and intellectuals. They are the books
Despite having written some tough criticisms of Jack Kemp over the years, having even called him a socialist when he was running the Department of Housing and Urban Development (1989–1993) under the first Bush administration, I’ve always had a soft spot for him. His death is really a tragedy and all the more so that it was not even widely remarked
The Free Market 15, no. 2 (February 1997) The fame of the Austrian School in the 1920s and 1930s rests on its fierce resistance to the main intellectual currents of the time: welfarism, collectivism, and central planning. The Austrian economists battled these trends, made the case for the genuinely free society—necessarily based on private
The Free Market 16, no. 12 (December 1998) The phrase of the day is “moral hazard.” It’s something everyone seems to think is a bad thing, but few are willing to do anything about, certainly not Alan Greenspan. So far, he’s on record backing the Mexican bailout, the Asian bailout, the bailout of Long-Term Capital Management, and more IMF
I just had the pleasure of preparing a chapter from Flynn’s Men of Wealth for publication here. It is on the fortune and life of Basil Zaharoff, the arms merchant who made fantastic amounts of money selling guns to all sides of the world’s war conflicts before, during, and after WWI. Every business attracts to itself men who have the taste,
It might be May Day in Cuba--the day on which Castro gives his traditional 4–5 hour speech, or so says NPR with exuberant expectation—but at the Mises Institute, it is Benjamin Anderson day. He was born on May 1, 1886. He was an outstanding economist who first drew Hazlitt’s attention to the Austrian School with his book The Value of Money . His
It appears that Garet Garrett’s main economic influence in his early education is Simon Newcomb (1835-1909), who is described here is an early marginalist, an advocate of laissez-faire, and an opponent of institutionalism. His book on economics is on google books . A brief look shows him to be a gold standard guy. Anyone else know anything about
Here I finally finished Mises: The Last Knight of Liberalism , by Jorg Guido Hulsmann. Reading the reports on Mises.org, I understand that with any work, there are criticisms to be had. I suppose I must joint he choir in saying that the greatest criticism was that it wasn’t long enough. There are so many questions that appear to my mind. While
This is a wonderful article in the Investors Business Daily: He Made Free Markets Invaluable . The author is Paul Whitfield, and, unusually in the world of journalism, he put a ton of work into this. He maps out a min-biography of Mises and explains his significance in the world today: When the Nazis stormed the apartment in Vienna, he was gone.
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.