By Llewellyn H. Rockwell Jr. Ludwig von Mises didn’t like references to the "miracle" of the marketplace or the "magic" of production or other terms that suggest that economic systems depend on some force that is beyond human comprehension. In his view, we are better off coming to a rational understanding of why markets are responsible for astounding levels of productivity … [Read more...] about The Faith of Entrepreneurs
Llewellyn Rockwell
The Enemy Is Always the State
By Llewellyn H. Rockwell, Jr. The web loves nothing more than a good brawl, so people often write me to ask me to respond to a critic of LRC or the Mises Institute. There's certainly no shortage of them, and they come from the Left, the Right, and everything in between. My first thought on the request is that the archive speaks for itself, and a response would amount to … [Read more...] about The Enemy Is Always the State
The Regulatory-Industrial Complex
By Llewellyn H. Rockwell [This article was originally printed in the Free Market, September 1990. It was reprinted in The Left, the Right, and the State (2008).] Socialists want socialism for everyone else, but capitalism for themselves, while capitalists want capitalism for everyone else, but socialism for themselves. Neither Ted Kennedy nor Jane Fonda practices a … [Read more...] about The Regulatory-Industrial Complex