The accusations against Wal-Mart are numerous, and they include: paying overseas workers too little; not paying benefits to part-time workers; refusing to sell items that don’t fall within its criteria for being “family-oriented”; not giving enough back to the community; and discriminating against women. All the accusations leveled against
Freedom havens are always of interest to libertarians. For instance, the Free State Project hopes to establish liberty in our lifetime by designating a single U.S. state as the center for political downsizing and constitutional federalism. Offshore havens such as Bermuda and Vanuatu are gaining notoriety for their favorable taxation and
Is baseball a collectivist sport funded via public coffers? Baseball has huge problems, but in this Economist piece , the author takes up a whole article saying how dare baseball become so anti-competitive, so unfair, and so anti-free market ; then he complains that major league baseball, a private association of voluntary participants, is exempt
The latest KudlowMania: “In no uncertain terms, this stock market surge signals the beginning of true economic recovery.” “Without any nasty external shocks to derail this forecast, the Dow Jones Industrial Average could reach 10,500 by the end of this year, 12,000 by the end of next year and over 13,000 by the end of 2005.” “Has there ever
A colleague sent me a newspaper story that focuses on a former CPA-Consulting firm we both worked for, one of the largest and most respected firms of its kind in the country (It’s in the ‘Big Ten’, and in the Fortune Magazine ‘s Top 100 Companies to Work For every year, usually in the Top 10 or 15.) Apparently, they “botched” a tech plan estimate
It is not an exaggeration to say that Henry Ford changed the face of capitalism and reinvented industry with the development of the Model T automobile. Alas, much ruckus has been made over the Model T, however, mainstream history has put all of its focus on the Model T itself, along with the creation of the assembly line, and it forgets that what
Thanks, Dick. In Southeastern Michigan, all the Keynesians are lining up to praise demand-side economics. In a couple of weeks, the UAW (United Auto Workers) will be passing out $3,000 signing checks to union members, and hence, the Detroit area is said to be the country’s one great target for a sure economic boost. A University of Detroit
This one has the makings of a real good one. David Beito, a libertarian from History News Network, sent me a note that his old blog is now wrapped up within a new group blog with other historians , including two excellent scholars notable among libertarians, Jeff Hummel and Thomas Fleming. Here is the announcement: “I am pleased to announce the
Today, the Library of Economics and Liberty is running the first part of a three-part series on the nature of property rights. ”He begins with an analysis of the 17th century English political philosopher, John Locke , and continues by taking on a number of philosophers who belong to what he calls the “ownership is a myth” school: J.
Will the tyrants in D.C. soon be outlawing the ownership of gold, FDR-style? According to Underreported.com : HR 2417 redefines “financial institution” to match U.S. Code Title 31 Section 5312: (2) ‘’financial institution’’ means - [...] (N) a dealer in precious metals, stones, or jewels; This bill - HR 2417 - was passed this month, as
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.