Introduction by B.K. Marcus: Mises wrote his first New York Times editorial in March 1941, having been in the United States for less than a year. He addressed a dispute between Josef Göbbels and Wendell Willkie, and provided a capsule version of mid-19th century Prussian history. The editorial, reprinted below, was published without Mises’s name,
On August 3, 1996 Josef Salerno has argued the Austrian Business Cycle Theory is in many ways the quintessence of Austrian Economics, as it integrates so many ideas that are unique to the School such as capital-structure, monetary theory, economic calculation and entrepreneurship. As such, it would be impossible to adequately explain the
Can markets predict the next presidential election? On one sports gambling website people are literally betting they can. Other websites are running virtual “prediction markets” in an attempt to harness the information that eludes pollsters. They solicit participation from the general public in much the same way real markets do in the real world.
Gilligan’s Island is now out on DVD , reawakening the unanswered questions of childhood: Why does the Skipper let Gilligan help with anything when he knows he’ll just screw it up? Why did the movie star take a day cruise in an evening gown? Why did two of the richest people in the world board a dinky boat with the hoi polloi instead of leasing a
“The human right of a free press depends upon the human right of private property in newsprint.”—Murray N. Rothbard Is the radio spectrum a unique resource that belongs to the public, or can it be privately owned like any other good or service? Most people assume that public ownership is axiomatic—a starting point rather than the historical
Taking up the study of economics can help unravel many mysteries of history, among which the pressing issue: Whatever happened to sexy stewardesses? I don’t mean as individuals, but as an institution, as a cultural icon, as a persistent commercial expectation. There was a time when a jetsetting playboy was pictured as having a stewardess or two on
In September 1946, The Foundation for Economic Education ( FEE ) published 500,000 copies of a pamphlet arguing against continuation of wartime rent-control laws. This pamphlet — called “Roofs or Ceilings,” and written by two young Chicago economists named Milton Friedman and George Stigler — was 20-year-old Murray Rothbard ‘s introduction to FEE.
[An MP3 audio file of this article, read by Dr. Floy Lilley, is available for download , or you can listen to it within this page.] In his “Confessions of a Right-Wing Liberal” (1968), Murray Rothbard wrote, Twenty years ago I was an extreme right-wing Republican, a young and lone “Neanderthal” (as the liberals used to call us) who believed, as
The Mises Institute is pleased to announce that the multimedia content on Mises.org — many thousands of hours of audio and video — is now available through iTunes U , a dedicated area within the iTunes Store ( www.itunes.com ). iTunes U carries lectures from top academic minds on every topic, freely available, elegantly organized, and beautifully
Introducción de B.K. Marcus: Mises escribió su primer editorial en el New York Times en marzo de 1941, cuando llevaba menos de un año en Estados Unidos. Abordaba una disputa entre Josef Göbbels y Wendell Willkie, y ofrecía una versión resumida de la historia prusiana de mediados del siglo XIX. El editorial, que se reproduce a continuación, se
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.