The Decimal Point that Blew Up the World
“A terminological confusion, a misplaced decimal point, a one-word error in data description, and a massive amount of arrogant presumptions about how to control a virus set in motion a series of events that turned our great and prosperous country into a disaster of confusion, demoralization, foregone medical services, closed businesses, wrecked arts and education, and long bread lines. The lockdowners who created this appalling disaster, the people who turned our trust into betrayal and a blizzard of statistical baloney, need to look at the science and data as they stand and come clean.” ~ Jeffrey Tucker
READ MOREThe “Expert Consensus” Also Favored Alcohol Prohibition
“Most people today regard America’s experiment with alcohol prohibition as a national embarrassment, rightly repealed in 1933. So it will be with the closures and lockdowns of 2020, someday. In 1920, however, to be for the repeal of the prohibition that was passed took courage. You were arguing against prevailing opinion backed by celebratory scientists and exalted social thinkers. What you were saying flew in the face of expert consensus.” ~ Jeffrey Tucker
READ MORENo, Keynes Did Not “Sit Out” the Debate on Eugenics
“By politely sidestepping these issues in Keynes and other historical figures, we do a disservice to the past. Carter has unfortunately reduced Keynes’s eugenics to a subject that is best not spoken about, and on the rare occasion it is raised as Cowen’s interview did, something to be actively downplayed and dismissed.” ~ Phillip W. Magness
READ MOREThe American Tradition of Ordered Liberty
“Regardless of what we think of these traditions and practices, we cannot comprehend the history and development of American institutions without reference to them. To understand money, we must understand the entire institutional chain: from money to banking and finance, to law and politics, to the ultimate sources of social authority. The story of money in America is itself a chapter in the story of ordered liberty in America.” ~ Alexander W. Salter
READ MOREA New Film on the Life and Work of Ludwig von Mises
A new film about Ludwig von Mises (1881-1973) is a major achievement in getting the word out by this mighty intellectual of the 20th century. It tells the story of his life and work through interviews with top scholars and writers. Featured in this film are the following associates of AIER: Peter Boettke, Edward Stringham, Peter C. Earle, Jeffrey Tucker, and Gregory van Kipnis, along with many others. Many parts were filmed at the campus of AIER.
READ MOREA Comment on the New History of Capitalism
“Much of the current debate revolves around an emergent historiographical school. Usually referred to as the ‘New History of Capitalism’ (NHC), this school has produced a sizable body of research contending that the institution of slavery was a central building block of American capitalism. At the same time however, the NHC literature has come under intense criticism from economic historians who have long studied the same subject, and who question both its use of evidence and its conclusions.” ~ Phillip W. Magness
READ MOREShould K-12 classrooms teach from the 1619 Project?
“We need not indulge the bombastic posturing of Trump, or unlikely legislative efforts to strip funding from schools, to conclude that the 1619 Project is still ill-suited for K-12 education. That is a judgement we may make on its scholarly shortcomings alone.” ~ Phillip W. Magness
READ MOREThe Indispensability of Economics
“When we see the potential of freely interacting individuals, economic understanding becomes necessarily built on hope. Hope about innovation, mutual agreement, peace, and prosperity. When people are left to their own devices and the rulers of society are held accountable, this is what results.” ~ Ethan Yang
READ MORESlavery Did Not Enrich Americans
“The New History of Capitalism misfires badly, however, in its interpretation of these facts. Slavery was not necessary for cotton, and cotton was not necessary for industrialization. Had chattel slavery never taken hold in the United States, we would very likely be richer than we are today.” ~ Art Carden
READ MOREThe Good Guys Are Winning!
“AIER is convincing the world that lockdowns were poor policies indeed, never to be repeated for this or any similar threat.” ~ Robert Wright
READ MOREAn Open Letter to the Institute for New Economic Thinking
“Treating this as a mistake and correcting it is the right thing to do in response to an unfortunate lapse in judgement. Failure to do so in my opinion would amount to among the most egregious instances of such crass intimidation I have seen.” ~ Max Gulker
READ MOREThomas Sowell at 90: Understanding Race Relations Around the World
“Now, at the age of 90, Thomas Sowell continues to offer us understanding and insight into the attitudes and institutions that can bring all people greater peace and prosperity, as well as human liberty.” ~ Richard Ebeling
READ MORE