Mark Thornton on RT : The House has a tax bill in their sights, but is it passable? Steve Malzberg joins host Lindsay France to discuss it. The Senate meanwhile has killed a rule that allows citizens to file class-action suits against banks and other financial institutions. Bianca Facchinei has the story. And what is the Iron Law of Convergence?
In the wake of Bitcoin hitting multiple all time highs there is no shortage of media coverage of Bitcoin. In this interview on Power Trading Radio we took a different tack and discussed the most important reasons to celebrate Bitcoin. Celebrating Bitcoin with John
“Mark Thornton returns to the Scott Horton show to discuss his latest articles for the Mises Institute “ The Real Cause of America’s Opioid Epidemic ” and “ Big Pharma Makes Drugs that Please Regulators, Not Customers .” Thornton makes the case for why legalizing heroin—and all drugs—would be a major step towards solving the opioid crisis.
Jay Powell is a continuation of the Yellen years, but he may be a slight improvement over Yellen’s complacency as a proponent of endless easy money. Would that there was someone at the Fed with the sensibilities of Paul
According to multiple sources , Attorney General Jeff Sessions is going to revoke the Obama-era Cole Memo, which directed federal law enforcement to respect states’ marijuana legalization laws. Once revoked, federal prosecutors in states where marijuana has been legalized will independently decide how to enforce federal marijuana policy in their
The Red Robin chain of 570 restaurants has decided to eliminate busboys due to rising labor costs. Its business is mostly in western states several of which have raised the local minimum wage rate. Previously they eliminated the job of “expediter” who prepared plates in the kitchen due to rising labor costs. Clearly the labor force is losing jobs
Harvard has been a leader in the economics profession for better or worse. In recent years the economics department has been viewed as relatively free market oriented where human action is seen as rational, research is guided by economic theory, and where markets work most of the time. Symbolically, the introductory undergraduate course was taught
As many of you know, I have been researching and writing about the economics of Irish economist and banker Richard Cantillon for over 20 years. He was the first to write a book about economic theory, circa 1730, coined the modern term entrepreneur, and the first to provide a supply and demand analysis of prices, as well as the basics of Austrian
Former Mises Fellow Peter St. Onge, senior economist at the Montreal Economic Institute cowrote an op-ed in the Globe and Mail (Toronto) that highlights the increasing importance of part-time workers and the benefits they provide customers over traditional lines of work. Casual or “gig” work has been around a very long time, but the sharing
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.