Warren Buffett, renowned as the “Oracle of Omaha,” emerges as a towering figure among the most celebrated and accomplished financiers in modern times. Throughout his illustrious career spanning numerous decades, he has accumulated unrivaled wealth, garnering an esteemed reputation in the financial realm. Presently, he holds the prestigious
Before there was Warren Buffett, known as much for his progressive politics as his acumen with money, there was his father, Howard Homan Buffett, a libertarian of the Old Right. Original Article: “The Original Oracle of Omaha: Howard Homan
New York City prides itself as the epicenter of the world. Anchored by Wall Street in the Financial District of Lower Manhattan, New York City has been the most economically powerful city, while the NYC culture, music, and lore speaks for itself. But in recent years New York City has been riddled with crime , poverty , and drugs , that are
So-called market manipulation by private firms is illegal under the Securities Exchange Act of 1934, but for the government, it is completely legal. In fact, the Federal Reserve does it every couple of weeks by adjusting the money supply. Recessions always reflect previous economic errors, but they do serve a vital purpose. In a “perfect world”
Imagine that you are a healthy 30-year-old young man who has a respectable job, makes a good living, but decides, you know what? I am not going to spend $200 or $300 a month for health insurance because I am healthy, I do not need it. But something terrible happens, suddenly you fall into a coma and need it. Who is going to pay for your coverage?
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.