Volume 3, Number 3 (1979) 1. Introduction In 1852 not one city in the United States paid its firemen; they were all volunteers. By 1880 most of the cities with more than 10,000 people—and many with fewer—had municipally paid fire departments, as did most cities in Europe. But until 1866 the fire department serving the city of London was neither
John H. Makin, American Enterprise Institute, writing in t he WSJ , on avoiding nationalization by destroying the dollar: In my view, the least bad option is for the Federal Reserve to print money to help stabilize housing prices and financial markets. Yes, use reflation to soften the pain for Main Street and Wall Street. If instead we let housing
Volumen 3, Número 3 (1979) 1. Introducción En 1852 ninguna ciudad en los Estados Unidos pagaba a sus bomberos; todos fueron voluntarios. Para 1880, la mayoría de las ciudades con más de 10.000 personas, y muchas con menos, tenían departamentos de bomberos pagados por el municipio, al igual que la mayoría de las ciudades de Europa. Pero hasta
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.