“It’s five o’clock somewhere,” so the song and the story go. This phrase is used by those wishing to justify drinking alcohol at some point during the day instead of waiting until the usual evening hours. But a happy hour is not always just an hour. In thirty-nine of the fifty states, some restaurants, bars, and nightclubs have happy hour from 5
The grossly misnamed Equality Act is a government attack on the rights of private property, freedom of assembly, freedom of association, free enterprise, and freedom of contract. According to the official summary of bill (H.R.5): This bill prohibits discrimination based on sex, sexual orientation, and gender identity in areas including public
Rep. John Linder (R-GA) has retired from Congress and radio talk show host Neal Boortz has been silent for years, but their tax plan just will not die. Writing in the New York Sun , billionaire businessman and Republican Party donor John W. Childs makes the case for replacing the current income tax system with a national sales tax. He writes:
Using data from the Federal Reserve, Student Loan Hero — an organization that provides “resources, tools and information” to help “student loan borrowers understand their student loans and make intelligent repayment decisions” — reports that Among the Class of 2018, 69% of college students took out student loans, and they graduated with an average
In response to my review of his book , John Merrifield wrote me the following note: “The dominant libertarian position preferring the deteriorating status quo to anything but instant, complete separation is a real shame. Thinking of you voting with the teacher unions unless complete separation is on the ballot is REALLY depressing.” It would
Salerno draws our attention to Mises’s very clear discussion of Ricardo’s assumptions regarding capital and labor mobility, and how the law of comparative cost makes the case for free trade even when Ricardo’s restrictive assumptions do not hold, as they have not held since the late 19th century: Ricardo,. however, starts from the assumption that
It wasn’t that long ago (1987) that the entire budget of the federal government was “only” a trillion dollars. It reached the $2 trillion mark in 2002, and didn’t exceed $3 trillion until 2009. Even after a long series of budget deficits, the national debt didn’t exceed $1 trillion dollars until 1982 and $5 trillion until 1996. The first budget
U.S. Representative Frank Pallone (D-NJ), the ranking Democrat in the House Energy and Commerce Committee, recently told ESPN that current federal gambling laws are “obsolete” and “in desperate need of updating,” including those that deal with sports betting. Said Pallone: The laws need a wholesale review to see how they can actually work together
Back in 2013, Barronelle Stutzman, the owner of Arlene’s Flowers in Richland, Washington, refused to provide flowers for a gay friend’s same-sex wedding. The legal battle that ensued has now ended: The Washington State Supreme Court just unanimously ruled that the florist violated the state’s anti-discrimination law. The case has given rise to
In 2013, in response to the increasing “open carry” debate, Howard Schultz, the chairman, president, and chief executive officer of Starbucks posted an open letter on the company’s website requesting that “customers no longer bring firearms into our stores or outdoor seating areas.” Until this time, various gun-control groups proposed boycotting
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.