Massachusetts voters approved yet another tax hike for high-income residents, while California voters rejected a similar proposition. The current tax fever does not bode well for economic growth.
In an unhampered market, profit and loss are entirely determined by the success or failure of the entrepreneur to adjust production to the demand of the consumers.
Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood.
The market economy is the social system of the division of labor under private ownership of the means of production. "To assign to everybody his proper place in society is the task of the consumers. Their buying and abstention from buying is instrumental in determining each individual's social...
Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage.
Governments are demanding there be "proportional" representation of women in professions that women historically have avoided. Those efforts will be unsuccessful.
With the help of our extraordinary supporters, the Mises Institute is the world's leading supporter of the ideas of liberty and the Austrian school of economics. Since 1982, it has been the essential training ground the world over. With the continuing and growing economic crisis, the ideas of liberty are gaining more attention than ever. The Austrian school in particular is undergoing a remarkable renaissance. Hear the words of some of our supporters to learn why they are seizing the moment to help the Institute flood the world with truth.
