It has often been stated, and even more frequently implied, that we should choose to cooperate rather than compete in society. For instance, FDR said “Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.” Bertrand Russell
Ever since Senator Bernie Sanders centered his campaign for the Democratic Presidential nomination on “Medicare for all,” it has attracted increasing support. In a Kaiser Family Foundation poll last month, 56 percent of all respondents and 81 percent of Democrats backed “a national health plan, sometimes called Medicare for all,” which has been
About a decade ago, I first met Louis Carabini when he sponsored a Mises Circle event in Newport Beach, California. At that event, I picked up a copy of his small book, Inclined to Liberty . Not long afterward, I had read it, been impressed with its insight and Mr. Carabini’s ability to turn a phrase, and had even done a bit of a teaser article to
Friedrich Hayek’s The Road to Serfdom reached its 75 th anniversary this year. This classic, published near the end of the World War II, was incredibly influential. In fact, Milton Friedman wrote that he had made it a practice to ask believers in individualism how they got there in the face of the “collectivist orthodoxy,” and reported that the
The latest annual Social Security trustees report recently came out. One of its “lowlights” was the program’s massive unfunded liabilities (currently a $42.1 trillion cumulative shortfall under intermediate population and economic growth assumptions), reiterating what has long been known, though frequently ignored. The program is far from
The Supreme Court has just issued its American Legion vs. American Humanist Assn . ruling that a nearly century-old cross built to honor WWI dead in Bladensburg, Maryland, does not violate the Establishment Clause. Hot Air’s Allahpundit wrote that the primary takeaway was: The Court doesn’t want to be bothered anymore with questions about
Listen to the Audio Mises Wire version of this article. Every time the Social Security trustees issue their annual report, some people notice that the system’s huge unfunded liabilities (currently, a $42.1 trillion cumulative shortfall) are inherently unfair to future Americans. That threatens its status as the “third rail” of politics, which
Every July 4, Americans throw themselves a party to celebrate our Independence Day. But while the date is heavy on flags, fireworks, and red, white and blue-themed BBQ, understanding the reasons why America’s founding is uniquely worthy of celebration often gets little attention. However, rather than bypassing the principles and ideals involved in
President Trump’s trade approach seems to be telling foreign producers and countries, “Do what I demand or I will punish you with higher tariffs that will make you wish you had.” The fact that such tariffs would largely burden American importers, rather than foreign producers, as he repeatedly claims in his errant focus on trade imbalances,
In an April 29 Los Angeles Times article titled, “More dying on L.A. streets,” Laura Nelson reported on Mayor Garcetti’s Vision Zero plan and the City Council’s corresponding Mobility Plan 2035 so far. Vision Zero intended to eliminate traffic fatalities by 2025 through street system management. Echoing its vision of improving accident safety as
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.