by Ludwig Von Mises | Nov 11, 2008 | Economics, POLITICS
Many people believe that the coming of totalitarianism is inevitable. The “wave of the future,” they say, carries mankind inexorably toward a system under which all human affairs are managed by omnipotent dictators. It is useless to fight against the...
by Ludwig Von Mises | Nov 10, 2008 | Economics, POLITICS
Many people all over the world assert that the Soviet “experiment” has supplied conclusive evidence in favor of socialism and disproved all, or at least most, of the objections raised against it. The facts, they say, speak for themselves. It is no longer...
by Ludwig Von Mises | Nov 9, 2008 | Economics, POLITICS
The philosophy of the Nazis, the German National Socialist Labor Party, is the purest and most consistent manifestation of the anticapitalistic and socialistic spirit of our age. Its essential ideas are not German or “Aryan” in origin, nor are they...
by Ludwig Von Mises | Nov 8, 2008 | Economics, POLITICS
When the war broke out in 1914, the Italian socialist party was divided as to the policy to be adopted. One group clung to the rigid principles of Marxism. This war, they maintained, is a war of the capitalists. It is not seemly for the proletarians to side with...
by Ludwig Von Mises | Nov 7, 2008 | Economics, POLITICS
The history of mankind is the history of ideas. For it is ideas, theories, and doctrines that guide human action, determine the ultimate ends men aim at and the choice of the means employed for the attainment of these ends. The sensational events which stir the...
by Harry Binswanger | Nov 7, 2008 | POLITICS
The connection of Alan Greenspan to Ayn Rand, decades ago, is being used to blacken her name and her ideas. This from the Leftist “Mother Jones” publication is one of the milder expressions: “In a historic moment, former Fed chair Alan...
by Ludwig Von Mises | Nov 6, 2008 | Economics, POLITICS
The dictatorial doctrine as accepted by the Russian Bolshevists, the Italian Fascists and the German Nazis tacitly implies that there cannot arise any disagreement with regard to the question who shall be the dictator. The mystical forces directing the course of...
by Raymond C. Niles | Nov 6, 2008 | POLITICS
The antipathy towards mark-to-market accounting is misguided. Mark-to-market is entirely appropriate for goods that trade in liquid markets. Open up your brokerage statement. If you see a notation that your account gained or lost X% of value, that is an application of...
by Sylvia Bokor | Nov 5, 2008 | History
Individualism began as a doctrine implicit in the Ancient Greek view of man, best captured in their art and in Aristotelian philosophy. That view consisted essentially of reality being knowable and the base of all knowledge, and of man as a heroic being. Such a view...
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