Interviewed by Tyler Xiong at Jifeng Bookstore, Peter Klein explains why the entrepreneurial spirit in the market and free society is an important, extensive, common phenomenon. Originally posted at Dushuren123.com/bookmov
Arguments for a “rules based” Fed are gaining momentum on both the political Left and Right — and even among some libertarians. Would the adoption of ideas like NGDP targeting and the “Taylor Rule” really make the Fed less dangerous? Would they be an improvement on the Fed’s current discretionary approach? Can monetary “rules” really contain booms
I’ve written before on government attempts to stimulate entrepreneurship and innovation through subsidies, prizes, tax incentives, state-funded science parks and incubators, and similar policies. Both theory and evidence suggest that these programs are unlikely to be successful , for a variety of reasons. Government actors lack the information to
“Fake news” emerged as a dominant theme of the 2016 US presidential election campaign and has been in the public eye ever since. To now-president Trump, the term refers to CNN, the New York Times, and other outlets that portray him unfavorably; to Democrats, it means politically incorrect websites, blogs, and social media accounts. In this context
I am participating in a Liberty Matters dialog on Israel Kirzner’s contributions to economics . The lead essay is by Peter Boettke, followed by responses by Mario Rizzo, Frederic Sautet, and myself. Boettke’s contribution, “Israel M. Kirzner on Competitive Behavior, Industrial Structure, and the Entrepreneurial Market Process,” provides an
When I visited Shanghai in December 2016, I was interviewed by Tyler Xiong at Jifeng Bookstore about the forthcoming Chinese edition of Hayek’s The Fortunes of Liberalism , and about the prospects for liberty in China and around the world. Here’s an excerpt from the interview:
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.