On December 20, 2019, President Trump authorized sanctions against companies and individuals who are participating in building Nord Stream Two, a pipeline under the Baltic Sea that will bring Russian natural gas to Western Europe, principally Germany. The pipeline is more than 80 percent completed . The sanctions were included in the 2020 National
In his State of the Union Address—February 4, 2020—President Trump outlined his reasons for punishing nations that manipulate their economies in order to achieve some internal policy goal, such as China. The president claimed that such manipulation was unfair and harmful to its trading partners. His main concern is that by manipulating its economy
There are two very distinct approaches to crisis resolution. One is the socialist approach , adopted by most governments of the world in the latest coronavirus crisis. The other is the individualistic approach , used by few if any of the world’s major nations. The Socialist Approach Here are some of the main elements of the socialist approach:
From 2009 to 2012, I taught an introductory course in Austrian school economics at the University of Iowa. On the first day of class, I would tell my students that the Austrian school would change the way they looked at the world, not just from an economic perspective, but from an overall life perspective. Nothing would ever appear to be the same
One of my fondest books as a child was Doctor at Timberline , by Charles Fox Gardiner. Gardiner was a doctor early in the settlement of western Colorado in the nineteenth century. Each chapter of the book is a self-contained story of his experiences tending to the ailments of mostly men in mining towns, ranches, and lonely cabins high in the
Austrian school economists know that unsound money has been at the heart of disastrous government policies since time immemorial. The greater the ignorance of money, the greater the monetary debasement in order to fund government’s latest folly. Monetary debasement always ends badly, but end it will. Robert L. Shuettinger and Eamon Butler,
El 20 de diciembre de 2019, el presidente Trump autorizó sanciones contra las empresas y personas que participan en la construcción del Nord Stream Two, un gasoducto bajo el Mar Báltico que llevará gas natural ruso a Europa occidental, principalmente a Alemania. El oleoducto está completado en más de un 80 por ciento . Las sanciones se incluyeron
En su discurso sobre el Estado de la Unión, el 4 de febrero de 2020, el Presidente Trump expuso sus razones para castigar a las naciones que manipulan sus economías con el fin de lograr algún objetivo de política interna, como China. El presidente afirmó que dicha manipulación era injusta y perjudicial para sus socios comerciales. Su principal
Hay dos enfoques muy distintos para la resolución de crisis. Uno es el enfoque socialista , adoptado por la mayoría de los gobiernos del mundo en la última crisis del coronavirus. El otro es el enfoque individualista , usado por pocas, si es que alguna, de las principales naciones del mundo. El enfoque socialista Estos son algunos de los
De 2009 a 2012, impartí un curso de introducción a la economía escolar austriaca en la Universidad de Iowa. El primer día de clase, les decía a mis estudiantes que la escuela austriaca cambiaría la forma en que miraban el mundo, no sólo desde una perspectiva económica, sino desde una perspectiva de vida general. Nada volvería a parecer lo mismo.
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.