Interventionism

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.

The opponents of technological innovation in free markets have been with us for a long time. A century ago, Gustave de Molinari was defending the automobile from the technology haters of his day. Little has changed since then.

For those new to Austrian economics, there are few modern scholars whose work I would recommend more enthusiastically than Salerno’s.