Gephardt’s Revolution Begins with a Global Minimum Wage (La Times and many other sources ): What at first appears to be a case of extreme economic ignorance might as well be a plot to dis -employ all workers of the world who are not members of the labor unions he expects to fund his presidential campaign.
Adel Al-Jubeir is precisely right. From CNN : “Saudi Arabia on Sunday blamed record high U.S. gasoline prices on America’s tough environmental laws and lack of refining capacity, saying OPEC’s oil production policies were not to
File sharing has zero effect on recorded music sales, say Felix Oberholzer-Gee of the Harvard Business School and Koleman S. Strumpf of the University of North Carolina at Chapel Hill. Read the story
In his “State of the State” speech to the California legislature in 2001, then-Governor Gray Davis demanded that lawmakers there make “withholding of electricity” a criminal offense. At the time, California was in the throes of an electricity crisis, made so by its own policies, but Davis, along with Paul Krugman and others chose to blame
The Free Market 24, no. 5 (May 2004) A popular economics textbook that I once had to use while working as an adjunct professor had a section on government regulation in which the authors likened it to the placement of a stop sign at a busy intersection or a rule that was meant to prevent individuals from behaving dishonestly. The authors were
The Free Market 24, no. 10 (October 2004) I recently became a heart patient, something that a former collegiate distance runner finds hard to accept. One day, I am of the belief that I am invulnerable to heart disease, and the next day finds me in a cath lab having angioplasty to unblock three arteries, a sobering turn of events. My article,
Last month, my wife decided to get flu shot for our children, but when she saw the long lines that stretched around whole city blocks, she decided that even if a flu shot were important, nothing could justify subjecting young children to waiting for hours. We may try later – or we may not try at all and just hope we remain healthy this winter.
I have a friend serving time in the federal prison camp near Cumberland, Maryland, and I visit him whenever possible. (Like many other federal prisoners, he should not be incarcerated at all, but that is material for another story at another time.) During my last visit, we were discussing prison medical care, or the lack thereof. “Bill,” he said,
The Martha verdict appears quite popular with the political classes and the vaunted “man on the street,” not to mention the nation’s mainstream journalists. The post-trial comments of one juror, Chappell Hartridge (Juror Number Eight), say it all: “Maybe this is a victory for the little guys who lose money thanks to these kinds of transactions.
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.