Louis Rouanet , a French student who is presently an intern at the Mises Institute, writes: Tricolor flags at the National Assembly were lowered at half-mast today in Paris. On Wednesday, masked gunmen, armed with heavy weaponry, burst into the office of Charlie Hebdo , a satirical newspaper. These terrorists killed 12 people before fleeing.
Mises Daily Thursday by Finbar Feehan-Fitzgerald: Zimbabwe, in the aftermath of years of hyperinflation, today has nine different currencies that are officially legal tender. The emerging system of multiple currencies offers a chance to make some interesting
Norman Singleton, former legislative aide to Ron Paul writes : Today marks twenty years since the passing of “Mr. Libertarian,” Murray Rothbard. Rothbard was Ludwig Von Mises’ top American student, and Mises’ heir as the world’s top Austrian economist. Rothbard was also a top-notch philosopher, historian, and political and social commentator.
Those who are familiar with the history of advertising may remember reading about the conspiracy theory behind new Coke which holds that the Coca-Cola company introduced new Coke as a means of generating interest in old Coke. The removal of old Coke from the market, and the fact that people could no longer buy it, prompted people to demand the
Shawn Ritenour reviews Randall Holcombe’s new Austrian econ textbook Advanced Introduction to the Austrian School of Economics in Libertarian Papers. ( I interviewed Dr. Holcombe about the book in The Free Market .) Ritenour writes : RANDALL G. HOLCOMBE has provided an excellent service to the economics profession with his Advanced
Last year, British entrepreneur Mike Watts made headlines when he opened England’s first private toll road in more than a hundred years. The road has now been closed, but its brief history provides a sad (and all-too-typical) example of how government sabotages entrepreneurs and hurts their customers. The basic story is as follows: after a local
... is that you know who your enemies and opponents are. They will speak out against your ideas, your actions, or maybe just you on a personal level. One reason we value these freedoms is that they help make those in power accountable. Those who disagree with particular policies or actions can say so without fear of being sanctioned, whether they
Just in case you have any thoughts that people at the Fed might have become slightly less dovish on inflation, rest assured, they have not. Today on Squawk Box on CNBC, Chicago Fed president Charles Evans averred (Pardon the all caps, but that’s how the transcript came in): EVANS: WELL, I THINK EMPLOYMENT GROWTH HAS BEEN VERY GOOD FOR QUITE A
Since 2008, many have complained that the European Central Bank—unlike its very active Japanese and American counterparts—remained idle in its response to the sluggish European recovery. In the fall of last year, the ECB embarked on a program of asset purchases designed to perk up prices in the Eurozone, which have been growing at levels below the
From today’s Mises Daily : Why exactly does the brutality of the Cuban regime make it alright for the US regime to jail and persecute private American citizens who attempt to trade with people in Cuba? That is, after all, the position of those who favor the embargo. Embargoes are not something where a magic fairy waves her wand and Cuba
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.