A woman in Spain has been declared the rightful owner of the sun and she plans to charge the rest of the world for “using” it; i.e., for in any way taking advantage of the heat or light emanating from it. This may sound ridiculous and somewhat humorous, but it is true. Angeles Duran followed the laws of the nation in Spain when she registered the
Governments seem to use “market-like” solutions to obvious commons-problems. Consider the cases of Stockholm and Singapore, hardly the same kind of cities or cultures or problems. But the same sort of solutions. Stockholm, Sweden’s capital city, supposedly has had problems with too much traffic in the city center. Government’s solution? Well, ask
The Brits are cutting down on their welfare state in an attempt to tackle deficits and save the state. The UK Chancellor of the Exchequer George Osborne claims the cuts of £83 billion ($130 billion) will bring the country back from “the edge of the economic abyss” and put an end to ten years of deficit spending. This may be an exaggeration, but is
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.