Tag Archives: 6b) Mises.org

After astounding achievements like performing seemingly-crazy and impossible feats of rocket engineering, making satellite internet service practical, rescuing social media from covert government censorship, and even managing to build battery-powered vehicles that are rather more useful and cool than golf carts, Musk slipped up and committed a colossal blunder recently. He took on an insurmountable challenge that even his extraordinary genius and indomitable will...

Let me issue and control a nation’s money and I care not who writes the laws.—RothschildThe real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson...—FDRThe American people are suckers for the word “reform.” You just put that into any corrupt piece of legislation, call it “reform” and people say “Oh, I’m all for ‘reform,’” and so they vote for it or accept it.”—G....

A Tyranny for the Good of Its Victims: The Ugly Truth about Stakeholder Capitalism. By Andrew F. Puzder. Encounter Books, 2024; xiii + 335 pp.Andrew Puzder, who is both a leading business executive—he was the CEO of a restaurant chain that owns Carl’s Jr.—and an experienced attorney, tells a dramatic tale. The free market is by far the best economic system and has made possible, since the Industrial Revolution, a historically unprecedented rate of economic growth....

Listen to the Audio Mises Wire version of this article.The Thanksgiving holiday in the United States has a checkered past. Its more recent origins lie largely in government attempts at pushing propagandistic narratives. For example, Abraham Lincoln demanded Americans be thankful for ”the advancing armies and navies of the Union” during the Civil War. George Washington instructed Americans to give thanks for the new constitution in 1789. While Andrew Jackson refused...

In the science of human action, the effects of erroneous notions of the market process, most particularly as they pertain to policy-making decisions, are not to be underestimated. The economist can not remain indifferent to these in an era in which the appeals of interventionism and government expansion increasingly hold sway in the domain of public policy. Put differently, we cannot deny how economic and social policies rooted in mistaken views of the market’s...

Each year at this time, schoolchildren all over America are taught the official Thanksgiving story, and newspapers, radio, TV, and magazines devote vast amounts of time and space to it. It is all very colorful and fascinating.It is also very deceiving. This official story is nothing like what really happened. It is a fairy tale, a whitewashed and sanitized collection of half-truths which divert attention away from Thanksgiving’s real meaning.The official story has...

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....

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....

[Editor’s note: This article is excerpted from Leggett’s article “Thanksgiving Day,” first published in 1836. Leggett was one of America’s leading Jacksonian free-market journalists in the mid-nineteenth century, and was a committed opponent of central banks, slavery, and corporatism. “The separation of bank and state” was a part of his political creed. In this article, Leggett, true to form, reminds his readers that they do not need either the federal government or...

The latest boogeyman conjured up by the Biden administration is ghost guns.In his September 26 executive order on “Combating Emerging Firearms Threats and Improving School-Based Active-Shooter Drills,” President Biden mentioned these ominous “ghost guns”:One way to continue the progress on reducing gun violence is to stay ahead of emerging violent crime threats involving firearms. My Administration has always taken these threats seriously. In April 2021, one of my...