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Week in Review: July 8, 2017

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Tags Labor and WagesProtectionism and Free TradeU.S. HistoryWar and Foreign PolicyWorld HistoryMonopoly and Competition

07/07/2017

This week America celebrated its Independence day, a holiday dedicated to honoring, as Ryan McMaken noted, "a document that promotes secession, rebellion, and what the British at the time regarded as treason." In spite of our own government's attempts to hijack it for simply another celebration of sterile patriotic pride, the success of America's inherently radical revolution is a moment of history that must not only be remembered, but emulated in the future. After all, as Jefferson said, at times "it becomes necessary for one people to dissolve the political bands which have connected them with another," remains as relevant today as they were in the 18th century.

Our old friend Richard Ebeling joins Mises Weekends to discuss the health of, and future prospects for, the Austrian school. There are far more Austrian and Austrian-friendly thinkers in academia, business, and the financial industry than ever before. Richard attended the famous South Royalton conference, so he knows just how far we've come. But are Austrians making real progress against the dominant neo-Keynesian orthodoxy? Are we growing on a per-capita basis? And what would Hayek, Rothbard, and Margit von Mises — all of whom Dr. Ebeling knew and spent time with — think of Austrian economics today?

Dr. Richard Ebeling on the State of the Austrian School

And in case you missed them, here are this weeks Mises Wire articles, covering a wide array of topics including: various types of government protected monopolies; politically incorrect American history; the idiocy of central bankers, home and abroad; the misinformation surrounding minimum wage law enactment; and what we is July 4th really about.

The Mises Institute works to advance the Austrian School of economics and the Misesian tradition, and defends the market economy, private property, sound money, and peaceful international relations, while opposing state intervention.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
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