Exploring Capitalist Fiction: Business through Literature and Film , by Edward W. Younkins (Lanham, Md.: Lexington Books, 2013). Aphorist Don Colacho once wrote that “a cloud of incense is worth a thousand sermons.” He meant that a glimpse of beauty and an emotional connection with a religious ceremony is more effective and edifying than many a
What would have happened if one or two states had somehow managed to legalize alcohol during prohibition? Most likely, those states would have become centers of entrepreneurship with retail outlets, medicines, and innovation in equipment, machinery, and other forms of capital related to alcohol-related industries. With the recent legalization of
The recent civil disobedience, rioting, and police brutality in Ferguson, Missouri reminds us of what happens when police states and bad economics are mixed together. Devastated by decades of ruinous economic policies, the economies of many inner cities continue to languish as the self-ownership of local residents is treated with contempt by the
This article is also available as an Audio Mises Daily When I heard that environmentalists were sounding the alarm about a new “threat” to Grand Canyon National Park, my first thought was that the federal government had finally managed to pull the trigger on its plan to dam up and flood parts of the canyon. Damming up North America’s most
The fact that opponents of private property rights have managed to frame the debate over health-care mandates as some sort of religious issue is one of the great public relations coups of our time. Note below, for example, the top of a full page ad in the New York Times taken out by a group called the Freedom From Religion Foundation. After
Government authorities in the UK have declared that the “Yes” campaign for secession has failed by a margin of approximately 55 percent to 45 percent. Yet, even without a majority vote for secession, the campaign for separation from the United Kingdom has already provided numerous insights into the future of secession movements and those who
Two recent Mises Daily articles have touched on the issue of tax credits and tax advantages for certain industries, such as the film industry and other industries seeking tax credits and tax advantages at the local level as part of a local “economic development” strategy. Many left liberals refer to tax credits and available tax deductions as
The West Coast Regional Mises Circle in Costa Mesa is sold out , but be sure and mark your calendars so you can join us live via Mises.org. On November 8 —one week from Saturday— we’ll be broadcasting all the lectures and speeches from Costa Mesa. I’ll provide you exact links as the event draws nearer. Here’s the schedule: Tentative Schedule (all
Former Mises Summer Fellow Jonathan Newman has published “ Morals and Markets: A Response ” at Libertarian Papers which is edited by Matt McCaffrey : Abstract: In their 2013 Science article, “Morals and Markets,” Armin Falk and Nora Szech presented experimental evidence that markets erode moral values. The present paper addresses problems
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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.