Several days ago, The New York Times thought it was a good idea to smear The Mises Institute as well as the powerhouse individuals who are affiliated with it. The Times also calculated that it would be best to place the hideous composition right on the front page. Translation: The Mises Institute is very important.
The smear was as repulsive as you can imagine, from the very first word to the last. The Times swung with their hips. Unfortunately for them, I believe it will turn out to be one big whiff. There are several reasons why.
First, it brought The Mises Insitute to the attention of people who may have never learned of it otherwise. There will be those who are curious and who will visit Mises.org. They need just browse around for a short time, and it quickly becomes obvious that what the Times says does not jive with reality. If they stay long enough, they may be so impressed as to never leave. For Mises.org is easily the most comprehensive and robust economics website in the world. You won’t find anything else out there like it.
The next reason why I believe the Times smear will turn out to be a whiff can be described by the following name: Rudy.
We all remember when Rudy Giuliani decided to pull a stunt of his own:
On the surface, one would think: “Ouch, Ron Paul got boo’d pretty badly there…and on national TV.” That’s exactly what Rudy was going for. He knew that seething warmongers were sitting in the peanut gallery. But a funny thing happened. The whole thing backfired, and Rudy’s performance only catapulted Ron Paul further into fame.
What’s Rudy Giuliani doing?
To add insult to Giuliani’s injury, Ron Paul’s foreign policy ideas are charging ahead, and most recently, the American public gave a deafening “No” to Obama when he wanted to strike Syria. Lots of people, much to Rudy’s chagrin, now know what “Blowback” is, and they don’t want the U.S. creating more of it.
The New York Times may have gotten its short-term jab in, but Mises.org and the ideas of non-aggression, private property, free markets & peace are for the ages.
Reprinted with permission from Economic Policy Journal.