Dana Milbank doesn’t like Paul Ryan’s budget proposal that was released this week. Why? Well, Ryan cuts spending on the poor in order to pay for tax cuts for the rich. Milbank writes : Paul Ryan, outlining his latest budget proposal in the House TV studio Tuesday morning, said the policies of the Republican presidential nominees “perfectly
Poland’s foreign minister told EU officials his country will join the euro zone “when you have resolved your problems and when we can say to our people ‘we can now safely join.’ “ On a related note, London Mayor Boris Johnson urges Croats not to put their heads “in the Brussels noose” in his Telegraph column today . If Croatia follows through
A majority of British doctors polled call for denying medical care to smokers and the obese . In the United States, we don’t have a British health care system. Yet. But the majority of private health care spending here occurs through a health insurance cartel. In a free market, there would be no such thing as health insurance. Since health
I love Walter Block and Bill Bennett. In their paper, “Involuntary Unemployment” ( Dialogue , Vol. 1, 2008, pp. 10-22), they write on the persistence of Keynesian theory despite its failures to explain real-world economic phenomenon: Keynesianism has played a virulent role in the economics profession. Its central idea, that there could be an
Last Wednesday (Dec 26, 2012), I posted the following comment on The Amazingly Popular Bush Tax Cuts by Randall Holcombe : No original expiration date, no current ‘crisis’ and no or little impact on policy and regime uncertainty attributed to this part of tax code which has hampered economic planning since the shift in Congress to Dems in 2006. “
The British Olympic organizers restricted ticket purchases, rewarded corporate purchases but not corporate use, imposed price controls on tickets available to the public and state violence against the resulting scalpers (touts) — and are distraught and surprised over the empty seats that characterize so many of the Olympic events so far. To
Dirty Hairy Dog Wash Daphne, Alabama “The greater productivity of work under the division of labor is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a struggle for existence. It makes friends out of enemies, peace out of war, society out of individuals.” Ludwig
Dana Milbank doesn’t like Paul Ryan’s budget proposal that was released this week. Why? Well, Ryan cuts spending on the poor in order to pay for tax cuts for the rich. Milbank writes: >> Paul Ryan, outlining his latest budget proposal in the House TV studio Tuesday morning, said the policies of the Republican presidential nominees “perfectly
Thank you, Joseph Stiglitz, for providing so much fodder for free-market economists to use in their classrooms this spring. The fodder can be found in new research (with Bruce Greenwald) Stiglitz is touting . In it, he presents statistical relationships between technological improvements in agriculture and unemployment in the 1930s. He asks, What
Walking home from work the other day, I passed a car parked in front of the English department that I used to chuckle at. It is a grayish sedan with a greenish bumper sticker saying we should thank union labor for the 40-hour work week. My chuckling would be at that car’s owner, who is known as a smart guy on the English faculty and someone who
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.