Ludwig von Mises’s Majestic Magnum Opus, Human Action: A Treatise on Economics

Ludwig von Mises’s majestic magnum opus, Human Action: A Treatise on Economics, was published on September 14, 1949. In the nearly seven decades since its appearance, Human Action has come to be recognized as one of the truly great classics of modern economics.

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Free Banking and the Federal Reserve

The record of past “free banking” systems, in which paper currency consisted of competitively supplied...
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Video: The War on Cops by Heather Mac Donald

Since summer 2014, America has been convulsed with a protest movement known as Black Lives Matter, which claims that...
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How to Fight Terrorism: Bush vs. Clinton

Like three blind mice, Dick Gephardt, Hillary Clinton and James Carville are running around saying they want their eyes opened about what’s going on in this country about terrorism. House Minority Leader Gebhardt wants an investigation into “what the White...

Making Gray Davis Accountable

California’s Governor Gray Davis is in hot water over his acceptance of $25,000 from Oracle Corporation following the state’s no-bid $95 million dollar e-government deal with the company. And while the governor probably wishes he had never heard of...

The Virtue of “Playing God”

Thanks to infighting in the Senate, it appears that voting on legislation that would destroy the lives of life-saving heroes will be delayed until next year. Americans cannot afford to leave the fate of these individuals to legislative chance, however; in the name of...

The Post-Colonialist Famine

Today, more than a million people in Zimbabwe are starving, and up to three million face the imminent prospect of starvation. This has not yet excited much attention in the West. Zimbabwe, after all, is far away from the centers of American interest; all of our top...

Why Economists Are Not Popular

One of the many reasons why economists are unpopular is that they keep reminding people that things have costs, that there is no free lunch. People already know that — but they like to forget it when there is something they have their hearts set on. Economists...

“I am an American”?

Remember those public-service ads with the politically correct cast of actors staring into the camera and stating, “I am an American”? Something always bothered me about that campaign. It was the snarly attitude that many of the cast members had while...

Strange Times at Santa Monica High

What causes poverty? A Santa Monica, Calif., high school teacher required his class to write an essay to address this question. Steve Miller, one of his students, attributed three things to poverty — violent crime, government programs and irresponsible breeding....

The Bono/O’Neill Magical Third World Tour

“He is the man in charge of America’s wallet, and I am looking to open it.” So pronounced rock star Bono as he and Treasury Secretary Paul O’Neill embarked on a four-nation African “poverty tour.” Bono, a longtime activist for...

Homeland Security and the Enemies Within

One of the problems that urgently needs some serious thought by President Bush’s proposed new Homeland Security Department is the problem of what to do about enemies already living within this country. Our legal system has not yet faced the grim implications of...

The Geography of Palestine According to Arafat

The next time you see a picture of Yasser Arafat, take a look at his keffiyeh, the black-and-white headdress he never appears without. He wears it in an unusual style, carefully folded so that it comes to a peak at the top, drapes down over his left shoulder, then...

Should Terrorists Be Tried in Civilian Courts?

It is not clear whether the newly proposed Department of Homeland Security will have jurisdiction over terrorists who have been captured. But somewhere those in high authority need to confront the great dangers inherent in trying members of international terrorist...

Objectivity in Reporting: Inside the Church of Nativity

On April 2, 2002, Palestinian gunmen/militants/terrorists shot their way into the Church of the Nativity, taking as hostage some civilian citizens and members of the clergy. One month into the siege, Los Angeles Times photographer Carolyn Cole sneaked past Israeli...