Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Creditby the Austrian economist, Ludwig von Mises. Even eight decades later, it still offers the clearest analysis and understanding of booms and busts, inflations and depressions.
Tagged: free markets
In 1919 the eighteenth Amendment to the Constitution prohibited the manufacture, sale or transportation of “intoxicating liquors” in the United States and by 1933 the era of prohibition was over when the twenty-first Amendment rescinded it. Alcohol consumption was and is a social problem, but sometimes the government is not the right vehicle for dealing with them.
The Heartland Institute’s Joy Pullmann brought the free-market truth about the student loan debt crisis in a clear and aggressive way that seemed to catch the HuffPost Live host and panelists off guard.
In the video below, Nobel-Prize-winning economist Milton Friedman examines the modern welfare state and discusses why it doesn’t work in the long run. As we’re now seeing, the long run[...]
[First posted at Forbes.] The fiscal cliff will not be a new topic to regular readers of this column. I have been writing about it for almost two years, including[...]
[First posted at The American Spectator.] President Obama told a sleepwalking America in his Democrat Convention Acceptance speech: I won’t pretend the path I’m offering is quick or easy. I[...]
The following is the speech I delievered at the “Yes, We Did Build It Rally” on September 22, 2012 in Waukesha, Wisconsin: Watch the speech below. The transcript follows. Thank[...]
Today marks the 100th anniversary of the birth of Nobel Prize-winning economist Milton Friedman, who played an indispensable role in making the case for market freedom and individual liberty in[...]
A new group has recently released a video advocating free-market policies from a whole new perspective, and the result is very compelling. The group is called Free Market America, and[...]
In 1979, the great economist Milton Friedman — a friend of The Heartland Institute — was a guest on Phil Donahue’s syndicated talk show. This was in the latter stages[...]
You can get a lot of background on how the FCC’s power-grab has ended the Internet as we know it in a previous Somewhat Reasonable blog post. Yet is ratifying[...]
The Federal Communications Commission today moved in to regulate the Internet, which is the wonder of the modern age exactly because the FCC hasn’t been able to get its hands around[...]
My former boss, Tommy Thompson, had a piece in Politico the other day which included a few eyebrow-raising lines. One of them is this: As a longtime champion of innovative[...]