13 Jan 1937
, George Gerald Reisman, in New York City
California's Energy Meltdown
, The Free Market
, Mar 2001
"The state of California has experienced a meltdown in its electric power system. For months, the system has repeatedly run at or near the overload point, necessitating brownouts and even rolling blackouts. Incredibly, the fiasco has been blamed on deregulation and the free market."
Mises: Defender of Freedom
, Mises Daily
, 29 Sep 2006
Describes several of Mises' contributions to economics theory and other areas, along with some personal reminiscences
"... when Mises appeared, there was virtually no systematic intellectual opposition to socialism or defense of capitalism. Quite literally, the intellectual ramparts of civilization were undefended. What Mises undertook, and which summarizes the essence of his greatness, was to build an intellectual defense of capitalism and thus of civilization."
On the Overproduction and Underconsumption Fallacies
[PDF], by James Mill
, George Reisman (editor), Commerce Defended
Excerpts from chapters VI "Consumption" and VII "Of the National Debt", edited and with introduction by Reisman (in Sep 2006)
"James Mill (1773-1836) is perhaps best known as the father and educator of John Stuart Mill. He deserves to be remembered for much more, however. Not only was he an influential popularizer of the ideas of his friend, David Ricardo, but also, as appears from the excerpt here presented, an important economist in his own right. ... One of the things the attentive reader will be shocked to discover as he proceeds, is that the doctrines which Mill attacks, and which, therefore, are older than his own, are precisely those which are today considered modern!"
The Flagellation of the Pursuit of Happiness
, 14 Jun 2006
Commentary on Paul Krugman's lamentations about a Senate vote that would abolish the estate tax
"Cutting Medicaid and all other government programs while reducing and eliminating taxes is precisely the policy that is needed to restore the founding principle of the United States, which is the individual's right to the pursuit of his own happiness. ... Implementing it means cutting government spending precisely for the purpose of cutting taxes."