The largest urban mass-transit systems across the US are entering an all too familiar point in their long history: another looming financial disaster caused by financial mismanagement and the consequences of covid. No urban transit system exemplifies this problem more than the Metropolitan Transportation Authority (MTA) in New York. Ridership in
Is the main problem with the US healthcare system that hospitals have gotten too large since the 1990s? That seems to be the remarkable conclusion of two of the nation’s most distinguished health-policy analysts, David Dranove and Lawton R. Burns. Dranove is an economist and Walter J. McNerney Distinguished Professor of Health Industry Management
College campuses have long been battlegrounds between due process for those accused of sexual misconduct (innocent until proven guilty) and legal privileges for alleged victims who many automatically believe (guilty until proven innocent). The front line is Title IX, the 1972 federal law designed to curb sex discrimination in schools. President
The recent revelations surrounding the covid-19 pandemic in the West are so shocking that it is necessary to first summarize them to keep on track. Secondly, it is important to try to understand why these political and health scandals are unlikely to have the political consequences hoped for by those who wish to see truth and justice triumph.
As former Federal Trade Commission (FTC) chairman Timothy J. Muris has recently noted , “President Biden rejects the economics-driven antitrust policies of the past 40 years.” In contrast, President Joe Biden “promised to return to earlier antitrust traditions.” Unfortunately, “those traditions were abandoned for good reason: they harmed
For decades, providing students with the highest quality of education was a key objective in many countries because doing so would facilitate scientific progress and innovation, support social and economic development, and raise living standards. In recent years, however, the woke Left has garnered an increasingly prominent role in the education
The RESTRICT Act (Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act) has recently been making the rounds in the media, and rightfully so. The act is truly terrifying, but more than the open tyranny that it would further, the act illustrates a very clear problem from the perspective of the state.
The provision of private healthcare in Canada is contingent on the ability of private actors to satisfy all of the conditions embedded within government legislation. However, the severity of these conditions means that most aspects of private healthcare are essentially outlawed, as they have been for many decades. Perhaps that wouldn’t matter if
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
A literal power vacuum—that’s what California Senate Bill 233 proposes. And what is to be sucked? Your electric car. The bill—which has passed the Senate and is now winding its way through the Assembly—states that all new electric vehicles to be sold in California after 2030 be “bidirectional.” Because the state has decided to essentially go all
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.