There can be no freedom absent some authority. Conservatives and libertarians alike may locate that authority in mediating institutions of modest size, recognizing the importance of consent and localism, family and place, to good government. Sir Roger Scruton’s example shows that certain conservative cultural conditions enable market-based economies to flourish. The room is alive with [...]
The term capitalism has long been used by critics as a catch-all to denote a system replete with greed, indulgence, excess, and deprivation. It is easy to misinterpret self-interest as selfishness and write off capitalism and economics. But the truth of the matter is much more complicated… I find myself still scratching my head over George Stanciu’s [...]
If we are to know and rebuild a conservative civil social order in this country, then we need to “rake from the ashes” of recent American history the books that influenced a generation of conservative scholars and public figures, books whose message resonated with much of the American populace and resulted in astonishing political triumphs. [...]
Ludwig von Mises was born on September 29, 1881, in the city of Lemberg in the Austro-Hungarian empire. His mother was Adele (Landau) von Mises; his father, Arthur Edler von Mises, a construction engineer in government service to the Ministry of Railroads, died at the age of forty-six (after a gall bladder operation) when Ludwig [...]
What is liberalism? How ought we to understand it? Entire forests have been felled in the attempt to answer these questions. Much of the literature that undertakes a “taxonomy” of ideas has focused on whether liberalism is a single principle or a plurality of principles, or whether liberalism always contained within it the seeds of [...]
Will we, before it is too late, use the vitality and the magic of the marketplace to save this way of life, or will we one day face our children, and our children’s children when they ask us where we were and what we were doing on the day that freedom was lost? Ronald Reagan [...]
Some writers link the names of Ludwig von Mises and Wilhelm Roepke as if there were no important differences between them. Roepke is co-opted into the camp of more or less libertarian thinkers whose position is further enhanced by whatever weight or prestige his name may give. Since Roepke was an Austrian economist and former [...]
It is a cliché that if we do not study the past we are condemned to repeat it. Almost equally certain, however, is that if there are lessons to be learned from a historical episode, the political class will draw all the wrong ones—and often deliberately so. Far from viewing the past as a potential [...]
Does God underwrite our freedom, or undermine it? There are thousands of self-styled “libertarians” who would argue the latter. They actively oppose the religious commitments of most social conservatives, many of them convinced that materialism is the best metaphysical home for what we might call “libertarian values”—individual rights, freedom and personal responsibility, reason, and moral [...]
“Austerity” has become the watchword of the year. Governors, prime ministers, and presidents around the world are talking about cutting welfare benefits, curtailing public union power, and reducing deficits. We’ve over-promised at the public trough, and now we must pay the price. Whoever is elected president in November is going to face the need to [...]