The Minsk-based Mises Center is fighting against Russia’s mandatory car-insurance law, which is imposing a tax on driving. Yaroslav Romanchuk, president of the Center, is quoted in this Radio Free Europe story.
A new Congressional Budget Office study , linked by Argmax , argues that “Unless taxation reaches levels that are unprecedented in the United States, current spending policies will probably be financially unsustainable over the next 50 years. An ever-growing burden of federal debt held by the public would have a corrosive and potentially
Those who hoped that GOP control of the White House and Congress would slow or cut the growth of government need to read this New York Times editorial summary of the calamity for liberty that GOP control has produced.
WASHINGTON (Reuters) - The number of Americans filing an initial claim for jobless aid fell last week to its lowest level in eight months, the government said on Thursday in a report that offered a hopeful sign layoffs were easing. These preliminary statistics however might represent nothing more than a “dead cat bounce,” a term market watchers
Once again it was government regulation that was designed to help that ends up destroying a vital component of the market: “ The Rise and Fall of the Fraternal Life Insurer: Law and Finance in U.S. Life Insurance, 1870-1920 “ by GEORGE H. ZANJANI (Federal Reserve Bank of New York - Capital Markets Function) ABSTRACT: This paper studies the rise
It’s clear why the US put Hammurabi on its new Dinar for Iraq.This self-proclaimed “exalted prince” (ruled from 1795-1750 BC) who brings “the rule of righteousness in the land, to destroy the wicked and the evil-doers” and rules over “the black-headed people,” and “who conquered the four quarters of the world,” enforced 282 laws that micromanaged
Bush says his steel tariffs worked and can now be repealed (yes, we are supposed to believe the repeal has nothing to do with the WTO and the impending trade war). Worked in what sense? The US government assumed up to $11 billion pension obligations, so those liabilities are now borne by the taxpayer. And Forbes reports that US steel production
Government is not very adept at accomplishing it aims, but it is very good at re-defining its objectives. Hence, after a hundred billion spent, tens of thousands of lives lost, no WMDs found, a country terrorized and demolished, political alliances destabilized, new terrorists recruited, and worldwide outrage at US arrogance, Saddam was finally
This paper by Philip Oreopoulos argues that dropping out of school isn’t such a bad idea after all. ”I estimate dropping out one year later increases present value income by more than 10 times forgone earnings and more than 2 times the maximum lifetime annual wage.”
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.