Some people and firms in the securities industry are cooperating with—or, should I say, surrendering to?—Jesse Jackson and his “Wall Street Project,” which pressures corporate America to adopt its own reparations program. The phenomenon reminds me of the aphorism attributed to Lenin: Capitalists will sell the rope by which they will be hanged.
In 1962, journalist Daniel Schorr interviewed East German leader Walter Ulbricht on television. In the final version, Schorr would ask a tough question, and Ulbricht would rail in anger. Reaction shots showed Schorr serenely nodding back, unshaken and in control. CBS Chairman William Paley praised Schorr for this interview, particularly Schorr’s
Democracies have had their share of wartime civil libertarian outrages, despite the guarantees of constitutions and bills of rights. In Britain , at the outset of World War I, the passage of the Defense of the Realm Act--an act that destroyed the liberties of many Englishmen--led to such an environment of repression that even the English monarchy
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.