Mises’s masterpiece was the largest and most scientific defense of human freedom & capitalism ever written. It covers basic economics through the most advanced material. Reading it is the best way you could ever dream up to learn and study economics.
The Iron Mentor Of The Pentagon
Why even Henry Kissinger needs Dr. Fritz Kraemer
(Washington Post, March 2, 1975)
by Nick Thimmesch
Secretary of Defense James Schlesinger’s Office.
Schlesinger: “But, gee, you are a mystic aren’t you?”
Kraemer: “Of course, Mr. Secretary, you do not use that term in a perjorative sense! I must have my inner visions. I live with my inner visions.”
* * *
“Kraemer is a badly used Rolls-Royce. He never wanted anything for himself. In a world of pragmatists, you need some Kraemers. He is a sterling character, a total idealist. He is like the lighthouse we all need.”
Secretary of State Henry A. Kissinger.
Courtesy: The Foundation for Economic Education
The Law, first published as a pamphlet in June, 1850, is already more than a hundred years old. And because its truths are eternal, it will still be read when another century has passed.
Frederic Bastiat (1801-1850) was a French economist, statesman, and author. He did most of his writing during the years just before — and immediately following — the Revolution of February 1848. This was the period when France was rapidly turning to complete socialism.
As a Deputy to the Legislative Assembly, Mr. Bastiat was studying and explaining each socialist fallacy as it appeared. And he explained how socialism must inevitably degenerate into communism. But most of his countrymen chose to ignore his logic.
The Law is here presented again because the same situation exists in America today as in
These few words of Jouy, Sans les femmes le commencement de notre vie seroit privé de secours, le milieu de plaisirs et la fin de consolation, more exactly express, in my opinion, the true praise of woman than Schiller’s poem, Würde der Frauen, which is the fruit of much careful thought and impressive because of its antithesis and use of contrast. The same thing is more pathetically expressed by Byron in Sardanapalus, Act i, Sc. 2:—
“The very first of human life must spring from woman’s breast,
Your first small words are taught you from her lips,
Your first tears quench’d by her, and your last sighs
Too often breathed out in a woman’s hearing,
When men have shrunk from the ignoble care
Of watching the last hour of him who led them.”
Both passages show the right
1. Some things are in our control and others not. Things in our control are opinion, pursuit, desire, aversion, and, in a word, whatever are our own actions. Things not in our control are body, property, reputation, command, and, in one word, whatever are not our own actions.
The things in our control are by nature free, unrestrained, unhindered; but those not in our control are weak, slavish, restrained, belonging to others. Remember, then, that if you suppose that things which are slavish by nature are also free, and that what belongs to others is your own, then you will be hindered. You will lament, you will be disturbed, and you will find fault both with gods and men. But if you suppose that only to be your own which is your own, and what belongs to others such as
The Theory of Moral Sentiments By Adam Smith
Part I: The Propriety of Action
Section 1: The Sense of Propriety
Chapter 1: Sympathy
No matter how selfish you think man is, it’s obvious that there are some principles in his nature that give him an interest in the welfare of others, and make their happiness necessary to him, even if he gets nothing from it but the pleasure of seeing it. That’s what is involved in pity or compassion, the emotion we feel for the misery of others, when we see it or are made to think about it in a vivid way. The sorrow of others often makes us sad — that’s an obvious matter of fact that doesn’t need to be argued for by giving examples. This sentiment, like all the other basic passions of human nature, is
The Income Tax: Root of all Evil by Frank Chodorov
Introduction by J. Bracken Lee Governor of Utah
The Devin-Adair Company
New York, 1954
Online edition © 2002 The Ludwig von Mises Institute.
Copyright 1954 by Frank Chodorov. Material in this book must not be reprinted in any form without written permission from the publisher. For information address The Devin-Adair Company, 23 East 26th Street, New York 10, N. Y. Manufactured in the United States of America.
To the Memory of ALBERT J. NOCK
THIS WAS, to be sure, “the home of the free and the land of the brave.” Americans were free simply because the government was too weak to intervene in the private affairs of the people — it did not have the money to do so — and they were brave because a free people is
THE NEW WORLD OF ISLAM By Lothard Stoddard
The entire world of Islam is to-day in profound ferment. From Morocco to China and from Turkestan to the Congo, the 250,000,000 followers of the Prophet Mohammed are stirring to new ideas, new impulses, new aspirations. A gigantic transformation is taking place whose results must affect all mankind.
This transformation was greatly stimulated by the late war. But it began long before. More than a hundred years ago the seeds were sown, and ever since then it has been evolving; at first slowly and obscurely; later more rapidly and perceptibly; until to-day, under the stimulus of Armageddon, it has burst into sudden and startling bloom.
The story of that strange and dramatic evolution I have endeavoured to tell in the following pages. Considering in turn its various aspects–religious, cultural, political, economic,
The State of Greece from the earliest Times to the Commencement of the Peloponnesian War
Thucydides, an Athenian, wrote the history of the war between the Peloponnesians and the Athenians, beginning at the moment that it broke out, and believing that it would be a great war and more worthy of relation than any that had preceded it. This belief was not without its grounds. The preparations of both the combatants were in every department in the last state of perfection; and he could see the rest of the Hellenic race taking sides in the quarrel; those who delayed doing so at once having it in contemplation. Indeed this was the greatest movement yet known in history, not only of the Hellenes, but of a large part of the barbarian world—I had almost said of mankind.
The Doctrine of the Mean By Confucius (Written ca. 500 B.C.E)
What Heaven has conferred is called The Nature; an accordance with this nature is called The Path of duty; the regulation of this path is called Instruction.
The path may not be left for an instant. If it could be left, it would not be the path. On this account, the superior man does not wait till he sees things, to be cautious, nor till he hears things, to be apprehensive.
There is nothing more visible than what is secret, and nothing more manifest than what is minute. Therefore the superior man is watchful over himself, when he is alone.
While there are no stirrings of pleasure, anger, sorrow, or joy, the mind may be said to be in the state of Equilibrium. When those feelings have been stirred,