Orwellian Tax Rhetoric
In a recent Mises Daily I argued against the widespread belief that tax breaks are a kind of subsidy. This proved to be a controversial topic, so I’d like to clarify the basic argument, as well as raise some additional criticisms.
Luddy: Supporting Foreign Governments and Massive Corporations Isn’t the Job of the U.S. Government.
Liquor Stores Fight to Keep Competition Illegal
Back in the days of yore, the Progressive Party and other prohibitionists in Colorado managed to put in place laws restricting the sale of alcohol in the state. Decades later, it was still illegal to open a liquor store on Sunday or sell liquor or wine or full-strength beer in grocery stores. The alcohol prohibitionists are long gone, but the liquor store lobby has ensured that restrictions on grocery store sales remain.
Why Loopholes and Lax Enforcement of Laws are the Lifeblood of Prosperity
From A Critique of Interventionism:
The history of the last decades can be understood only with a comprehension of the consequences of such intervention in the economic operations of the private property order. Since the demise of classical liberalism, interventionism has been the gist of politics in all countries in Europe and America.
We Need Actual Free Trade, Not the TPP
Brendan Nyhan at The New York Times seems to be under the impression that the Trans Pacific Partnership (TPP) has something to do with free trade. Nyhan writes that the TPP
The Meaning of Financial Repression
We live in a world of massive monetary inflation and extremely low interest rates. Mortgage rates are near historic lows and yet it seems that people cannot get loans. Home sales are up, but with a near record percentage of sales made with cash, rather than a mortgage.
Freedom, Global Poverty, and the Failure of Foreign Aid
The standard narrative floating about the mainstream press is that the developing world is held back by a quagmire of free market fundamentalism. Sure, there are a few exceptions to this narrative, such as Peter Bauer and William Easterly.
Celebrating a Life for Liberty
May 29 marks the 99th birthday of Arthur Seldon, a prolific defender of freedom against government control. His biography’s subtitle, A Life for Liberty, reveals his animating commitment.
Is Altruism Really a Virtue?
Altruism has commonly been held up as the standard for moral behavior, with those claiming to see deviations from altruism commonly condemning the deviants as selfish or greedy. For example, Martin Luther King claimed that “Every man must decide whether he will walk in the light of creative altruism or in the darkness of destructive selfishness.” Similarly, Alan Dershowitz asserted that “Good character consists of recognizing the selfishness that inheres in each of us and trying to balance it against the altruism to which we should all aspire.”