Mary King, a professor emerita of economics, writes an op-ed in the Oregonian with the title The economic case for a $15 minimum wage is good . I have no reason to think Professor King is intentionally misrepresenting or using smoke screens, but the op-ed does just that. The very first paragraph makes it clear that King is not talking about
Believe it or not, but there is a tax that I could support as libertarian. In fact, it’s a tax I even would want to see. Because it fixes the problem of underfinanced government budgets and it also aligns the voting populace with the risk of “investing” in government. The incentive problems with government are basically resolved by replacing the
[ Updated Author’s Note: The issue of immigration has only become more pressing over the ten years that have passed since this article’s original publication . And, unfortunately, the libertarian movement has not reached a consensus on this issue. But it should be easy, considering how government is at both ends of the problem: government is the
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.