Uber has jumped on the scene as the quintessential example of the new technology-driven “sharing economy.” The company allows customers to request rides from a mobile app, which will select a nearby Uber driver to taxi you to your desired located. Uber itself has simply exploded , and is now worth some $40 billion dollars and made around $2
Americans certainly love college sports, particularly football and basketball. After all, what is better than cheering on student athletes competing for the love of the game? Unfortunately, behind this facade the National Collegiate Athletic Association and university athletic programs are simultaneously running two seemingly diametrically opposed
This article is also available as an Audio Mises Daily Progressives have a way with words that is truly impressive. Perhaps it started when they stole the word liberal from libertarians and since has snowballed out of control. From “social justice” to “pro-choice” (except with light bulbs) to various “isms” to describe their opponents,
Common wisdom would purport that those on the so-called “right” are and have always been hawkish and pro-war, while those on the proverbial “left” have always been the tree-hugging, peacenik, anti-war folks. For many conservatives, unfortunately, this is more or less correct. However, progressives have once again airbrushed their own past , which
Economic inequality is the big thing these days. Barack Obama has called it the “defining challenge of our time” and the number of books being published on the subject could fill a small library. Of particular note is a survey by Michael Norton and Dan Ariely of 5,000 Americans asking what they thought wealth inequality should be compared to what
It is becoming substantially less difficult these days to convince people that college is not a sure fire way to the good life. Even Paul Krugman has conceded that “it’s no longer true that having a college degree guarantees that you’ll get a good job.” You can say that again: 53 percent of recent graduates are either jobless or underemployed.
This article is also available as an Audio Mises Daily Well, another Equal Pay Day has come and gone. This year it came on April 8th to represent how long into 2014 a woman would have to work to make what a man did in 2013. The highlight this year was when White House Press Secretary Jay Carney tried to explain away the pay gap between men and
Raising the minimum wage has become the cause célèbre for many on the progressive left. Most notably, Seattle has passed a $15 per hour minimum wage . In addition, California lawmakers are trying to pass a state-wide $13 per hour minimum wage and President Obama is supporting the increase of the federal minimum wage from $7.25 to $10.10 . The
Some myths die hard. The myth of the gender wage gap is one that’s had particularly long legs. Right after winning an Academy Award, Patricia Arquette proclaimed that “It’s our time to have wage equality once and for all and equal rights for women in the United States of America” to thunderous applause. In her “11 Commandments of Progressivism,”
A algunos mitos les cuesta desaparecer. El mito de la brecha salarial del género es uno que tiene las piernas especialmente largas. Después de ganar un premio de la Academia, Patricia Arquette proclamaba que «Es el momento de que de una vez por todas tengamos igualdad salarial y derechos iguales para las mujeres en los Estados Unidos de
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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.