[Newsweek columns from September 3, 10, 17, 24, and October 1, 1951, and reprinted in Business Tides: The Newsweek Era of Henry Hazlitt.] Inflation for Beginners—I No subject is so much discussed today—or so little understood—as inflation. The politicians in Washington talk of it as if it were some horrible visitation from without, over which they
[Newsweek column from June 25, 1951, and reprinted in Business Tides: The Newsweek Era of Henry Hazlitt.] Regardless of what Congress actually does before June 30, it is instructive to consider what a sensible anti-inflationary legislative program would be like if we could get it. 1—What is primarily needed is not more controls by the government
Frédéric Bastiat was born at Bayonne, France, on June 29, 1801. His father was a wholesale merchant, but Frédéric was orphaned at the age of nine and was brought up by his grandfather and his aunt. He seems to have had a good, though not an extraordinary education, which included languages, music, and literature. He began the study of political
When I look back on my life, what strikes me is that I have been on the whole a very lucky man — and, above all, lucky in my friends. My luck began, perhaps, in the year in which I was born, 1894. I have the advantage over most of you in knowing what it was like to live in the 19th century. Of course, I only had about six years of it, and I
(Reprinted by courtesy of Barron’s National Business and Financial Weekly, October 1, 1973 issue, and with permission of Dr. Henry Hazlitt.) Last Saturday marked the 92nd birthday of Ludwig von Mises, the greatest analytical economist of his generation. He has also been one of this century’s ablest champions of private enterprise and the free
[Newsweek column from May 7, 1956, and reprinted in Business Tides: The Newsweek Era of Henry Hazlitt.] Keynesism—the philosophy of big government spending, deficit financing, and continuous inflation—today dominates the policy of nearly every government in the world. Yet developments in the last few years have destroyed its central prop. The
El mundo está hoy encerrado en una feroz guerra de ideologías, que de alguna manera se asemeja extrañamente a las guerras de religión en la Edad Media. Los puntos doctrinales en cuestión en esas guerras se han vuelto ininteligibles para la mayoría de nosotros hoy en día, y existen algunas paradojas igualmente extrañas en la presente guerra
Uno tendría la impresión, leyendo la mayoría de las discusiones en los periódicos y revistas estadounidenses de hoy, que nadie había pensado en hacer nada por los pobres hasta el New Deal de Franklin Roosevelt en la década de 1930, o incluso hasta la «guerra contra la pobreza» del presidente Johnson en Estados Unidos en los años sesenta. Sin
[Nota adjunta nº 95, Foundation for Economic Education (1959). Extraída de La economía en una lección de Hazlitt] Tristemente se señala a menudo que los malos economistas presentan al público mejor sus errores que los buenos economistas sus verdades. La razón es que los malos economistas presentan medias verdades. Hablan solo del efecto inmediato
[Columna Newsweek del 26 de mayo de 1952, y reimpreso en Business Tides: The Newsweek Era de Henry Hazlitt.] En su conferencia de prensa del 8 de mayo, el Sr. Truman, preguntó si el principal peligro era la inflación o la deflación, le respondió que el país tenía que protegerse de ambos: y era por eso que era necesario tener poderes de control
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.