Rome was a republic that once knew the rule of law. It acquired an empire by accident. It became an empire in which one man reigned and wars were endless as they were in almost every empire. The Roman Senate ended up losing most of its powers. The United States was born a republic. Yet our nation, ignoring the warnings of the founding fathers and
It was a familiar time. It was a time of a Republican administration waging an unpopular war. It was a war some Democrats said they opposed but seemed to do very little to stop. Inflation was starting to become a problem. America’s allies thought our president’s economic and political polices were flawed and they were often ridiculed.
Did you hear the recent giant sigh of collective relief from the securities industry? It was the sound of those securities professionals who, for now, dodged a regulatory bullet. Regulation National Market System’s June 29th trade-through rule mandate had become a dead letter. Indeed, after months of confusing Reg NMS instructions from the staff
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.