I put for the general inclination of all mankind, a perpetual and restless desire of power after power, that ceaseth only in death. —Thomas Hobbes, The Leviathan California continues to attack businesses and entrepreneurial freedom. Leviathan has awakened, this time with Assembly Bill 257, promoting a state-controlled trade union for all
“It is not Wisdom but authority that makes a law.” -- Thomas Hobbes That meal, guest or package that came to your front door this month is part of a massive delivery industry. Free Range Entrepreneurs (FREs), drivers whose transportation work is varied, temporary, and frequently changing, are critical to our economy
A student goes into a bank. He tells the personal loan banker, “I want to borrow $7,500 per year for the next four or five years.” “That’s at least $30,000 over time,” the banker says. “Personal loans have a 10 percent interest factor.” “For my loan,” says the student, “I need an interest rate close to a home mortgage, like 6 percent. Also, I
Headline math is a simple percentage expressed as a fact without context. Its design is to create an emotional response, support an opinion, or generate a click past the paywall. Once articulated, it exists in speech as a noun. W. Brian Arthur’s paper “Economics in Nouns and Verbs” explains the use of nouns to express a conclusion as fact,
Our vacation airline tickets in September were funded by accumulated miles on our Alaska Airlines credit card. While on vacation this summer, my brother-in-law graciously hosted eight of us for dinner. He tried to downplay the generous hospitality by saying he had just gotten his “cash back” award from his credit card company. The “cash back”
Pongo por inclinación general de toda la humanidad, un perpetuo e inquieto deseo de poder tras poder, que sólo cesa con la muerte. —Thomas Hobbes, El Leviatán California sigue atacando a los negocios y a la libertad empresarial. El Leviatán ha despertado, esta vez con la Ley de la Asamblea 257, que promueve un sindicato controlado por el Estado
« No es la Sabiduría sino la autoridad la que hace una ley » . -- Thomas Hobbes Esa comida, ese invitado o ese paquete que ha llegado a su puerta este mes forma parte de una enorme industria de reparto. Los empresarios autónomos (Free Range Entrepreneurs, FRE), conductores cuyo trabajo de transporte es variado,
Un estudiante va a un banco. Le dice al banquero de préstamos personales: «Quiero pedir un préstamo de 7.500 dólares al año durante los próximos cuatro o cinco años». «Eso son al menos 30.000 dólares a lo largo del tiempo», dice el banquero. «Los préstamos personales tienen un factor de interés del 10%». «Para mi préstamo», dice el estudiante,
Titular matemático es un simple porcentaje expresado como un hecho sin contexto. Su objetivo es crear una respuesta emocional, apoyar una opinión o generar un clic más allá del muro de pago. Una vez articulado, existe en el discurso como un sustantivo. El artículo de W. Brian Arthur «Economics in Nouns and Verbs» explica el uso de sustantivos
Nuestros billetes de avión para las vacaciones de septiembre se financiaron con las millas acumuladas en nuestra tarjeta de crédito de Alaska Airlines. Este verano, mientras estábamos de vacaciones, mi cuñado nos invitó amablemente a cenar a ocho personas. Intentó restar importancia a su generosa hospitalidad diciendo que acababa de recibir el
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.