Interventionism

Those who want a higher minimum wage often claim it is necessary to combat a rising cost of living. However, these same people often support policies that raise the cost of living and drive real wages down.

Today on The Santelli Exchange on CNBC, Rick Santelli acknowledged CHASE Bank's war on cash using Joe Salerno's Mises Wire post from Monday: 

The story of intervention is as old as governments and commerce, and even though the details change, the basic narrative stays the same.

The pro-tax crowd continues to tell us that the rich aren't paying their "fair share" and that the system taxes the poor more than the rich. The opposite is true, although this doesn’t justify more taxes for either the rich or the poor.

When writing on poverty issues, many commentators emphasize the importance of work and wages, but many cultural factors, including views of family size and child rearing, can have immense effects on generational poverty as well.

When it comes to romantic relationships, people ruthlessly discriminate and make an endless number of subjective judgments.

When it comes to romantic relationships, people ruthlessly discriminate and make an endless number of subjective judgments. Most agree that it is absurd to regulate these relationships while not realizing that the same is true of all business relationships as well.

The Supreme Court case of Michigan v. EPA illustrates how the law provides so many tools to federal agencies that their power is more or less unlimited. It's only a matter of finding which laws will stick, and the result is lawlessness.

Interviewed by host Phil Pepin, Mark Thornton discusses the fed’s rol

The debate over the freedom to discriminate has flared up again in Indiana where the conflict is being framed as a dispute between Christians and gays. In truth, the matter hinges only on whether or not people should be allowed to exercise private property rights.