Much of the existing research on entrepreneurship focuses only on start-ups and small business. But entrepreneurship is a much broader topic and entrepreneurs appear everywhere as drivers of greater wealth and economic growth. Peter Klein and Nicolai Foss discuss new ways to study this phenomenon.
Mises Daily Friday by Logan Albright
Many free-market advocates approve of right-to-work laws because they diminish the power of monopolist labor unions. Right-to-work laws, however, prohibit employers from dealing with unions in whatever way the employer chooses, and thus just substitute one government mandate for another.
We’re very happy to have another great group of international young scholars with us this summer. Mises Fellows are graduate students and faculty who come to the Mises Institute during the summer to spend more time working on research in the field of Austrian economics with our senior faculty.
This year’s Fellows:
Front Row: Ludvig Levasseur, Matei Apavaloaei, Peter Klein (faculty), Jeff Deist (Mises President)
Second Row: Joseph Salerno (faculty), Audrey Redford, Jingjing Wang, Arkadiusz Sieron
Third Row: Dante Bayona, Kyle Marchini, Peter St. Onge
Back Row: Jonathan Newman, Mark Thornton (faculty)
Keynesians are fond of overstating both the magnitude of the trade deficit and its alleged negative effects. In spite of the fact that trade deficits are not an actual problem for our economy, Keynesians propose to “fix” the problem by devaluing the dollar.
Mises Daily Tuesday by by Stewart Dompe and Adam C. Smith
Joesph Stiglitz, 2001 Nobel laureate in economics, wants to revitalize industrial policy through greater government intervention to favor certain technologies over others. He says it’s not about picking winners, but about positive externalities. Either way, it all comes down to central planning.
Mises Daily Tuesday by Ryan McMaken:
Contrary to what proponents of government-controlled health care would have us believe, employer-provided health insurance has nothing to do with religion and everything to do with the free exchange of labor for wages.
Mises Daily Monday by Mark Thornton
An increasing percentage of migrants to the US-Mexican border are from Central American countries. It is not merely a coincidence that these same areas have been devastated by the American war on drugs, which has destroyed economies and increased crime in much of the region.
An interview with Lew Rockwell:
War is the health of the state, and by encouraging enthusiasm for war, and deference for the state’s military institutions, states work to increase their own power in many other areas as well. Many citizens and taxpayers are happy to oblige, but that may be changing.
Jeff Deist and Brian Doherty discuss Brian’s role as both a participant in—and observer of—libertarian circles, the impact of Austrian economics on today’s intellectual debate, Ron Paul’s lasting legacy, and why for the first time ever it’s cool to be a young libertarian.
Mises Daily Friday:
In his short book The Anti-Capitalistic Mentality, first published in 1954, Ludwig von Mises explains why Piketty’s new anti-capitalist tome is popular among a certain class of people, and why much of Piketty’s book relies on a re-telling of old myths about capitalism.
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In examining newspaper editorials of the nineteenth century and Jefferson’s own views of secession, Thomas DiLorenzo explores the once-widespread belief, both North and South, that the American states were part of a voluntary union
Mises Daily Tuesday by James Bennett:
As the federal government expanded, so did its power to order about lesser jurisdictions. Today, federal mandates instruct states to regulate the minutiae of daily life from seat belts to math tests. James Bennett discusses his new book on federal mandates with the Mises Institute.
Mises Daily Monday by David Howden and Daniel Fernández-Renau Atienza
The true benefits of the Louisiana and Alaska Purchases are less clear than their value to pro-government propaganda.
Mises Daily Weekend by Murray Rothbard
A stateless society is not a lawless one. Apologists for the state maintain that state-made legislation is indispensable, but in this essay, Rothbard explores Bruno Leoni’s call for a return to the ancient traditions and principles of “judge-made law” as a method of limiting the state and insuring liberty.
Robert Blumen, a software engineer with a background in financial applications, recently spoke with the Mises Institute about the Austrian School’s growing influence among investors.
Jeff Deist and Justin Raimondo discuss the early history of the modern libertarian movement, Justin’s time working with Murray Rothbard on libertarian strategy, and the chances for developing a broad new anti-war coalition.
Also available here:
Peter Klein discusses property rights, privilege, and free markets, in light of the U.S. Supreme Court’s recent Burwell v. Hobby Lobby decision.
William Anderson Walter Block Per Bylund John Cochran Jeff Deist Thomas DiLorenzo Gary Galles David Gordon Jeffrey Herbener Robert Higgs Randall Holcombe David Howden Jörg Guido Hülsmann Peter Klein Hunter Lewis Matt McCaffrey Ryan McMaken Thorsten Polleit Joseph Salerno Timothy Terrell Mark Thornton Hunt Tooley Christopher Westley