Beginning in the late 1970’s, anti-tax activists began to use new tools to limit the ability of state and local governments to raise taxes. Ironically, these anti-tax movements would employ a tool introduced into American politics by the Progressives of the early 20th century. The ballot initiative process, pushed by the Progressives as part of
Amazingly, many who claim to be for lower taxes continue to support repealing tax breaks (and giving the government more money in the name of “fairness”). Tax breaks are good, of course, and the increasingly prevalent practice of labeling tax cuts and tax breaks as “spending” is extremely dishonest
Chicago now has this great new law : The measure requires retailers with more than $1 billion in annual sales and stores of at least 90,000 square feet to pay workers at least $10 an hour in wages plus $3 an hour in fringe benefits by mid-2010. Does this mean a 16 year old kid must be paid 10 bucks per hour plus benefits from day one? Possibly,
The air is slowly going out of the Denver housing market. Fortunately, we didn’t experience the kinds of runaway growth rates such as in Phoenix and on the coasts, but the market here is still not good for homeowners who banked on significant appreciation. Foreclosures are high, and a major reason is that people have simply run out of money and
She’s long been considered a big downer of an economist, but Tucker Hart Adams is considered something of a local celebrity and her recent condemnation of deficit spending and the debt-based economy in general were front page news. I like Adams. She’s certainly not an Austrian, but she gets it. Specifically, she understands that an economy cannot
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.