Mises Daily

Wealthy team owners and their wealthy employees will be the only winners if the new arena idea moves forward.

The losers, once again, would be taxpayers.

Public goods are a cover for coercion, and public high school football is a private good funded by someone else's tax bill. Don't believe otherwise.

So I shall continue to refer those of my very best students who are interested in promoting liberty and Austrian economics on a full-time professional basis to do just that.

People have been led to believe that shutting down entrepreneurship and the marketplace will improve the world. Actually, that way lies barbarism, and a system unfit for human beings.

Both the Law of the Sea and the Antarctic Treaty need to be ignored as relics of the socialist past.

Indeed, global capitalism makes bureaus such as the Equal Employment Opportunity Commission even more unnecessary.

The path for progress here, as in every aspect of economics and civilization, lies with privatization, the elimination of restrictions and welfare, and freedom itself.

Dobbs goes back and forth throughout the book, confusing capitalism with mercantilism, blaming mercantilism for bad policies that he calls capitalism, and blaming free trade for the consequences of protectionist policies … and then there's his actual understanding of politics itself. I hesitate to say what his understanding of economics is because there isn't any economics in War on the Middle Class. There's a lot of talk about how this nation was founded on a principle of economic opportunity, but that's as close as Dobbs comes.

As this contrived example illustrates, an options market might allow for more efficient output decisions whereas a futures market (let alone a simple spot market) might not.

Where did the legislation that makes it so difficult for me to unclog my nose come from in the first place? The intrigue continues. It was passed on March 6, 2006 — as an amendment to the Patriot Act!