As the war on terror drags on and on, saecula saeculorum , many people calling themselves libertarians have decided that it’s not such a bad thing after all. (The pundits calling themselves conservatives were among the first enlistees, and the left, as might be expected , is all for it too.) What, some libertarians ask, is the point of government
The Bush administration’s $1.5 billion bailout of Uruguay ‘s banking system cries out for explanation. If there has been one issue that the administration has been pretty good on, it is international bailouts. There are many on-record comments from the likes of Treasury Secretary Paul O’Neill that these bailouts are wasteful, destructive, and
In Washington, words such as “cost,” “tax,” “subsidy,” “spending,” and other fiscal terms have no fixed meaning. For example, it is considered costly to cut taxes, and a subsidy to provide a tax break. This morning, we read that Bush wants to provide a tax break to low income people who buy private coverage, while taxing people “for some workers
The Bush administration gives advice on an interesting get-rich scheme ( WSJ ) Blowing the whistle on big-time tax cheats could make some informants wealthy -- as long as they have hard evidence and plenty of patience. Just over a year ago, President Bush signed legislation authorizing the Internal Revenue Service to pay sharply higher rewards to
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.