The Best Thing Governments Can Do for Business Is Get Out of the Way
AI: “Existential Crisis” or Excuse for Cronyism?
Decolonizers’ Assault on Science
The Draft: Slavery Re-Imposed
Last week, a most disturbing development took place that should concern all those who value liberty. The House of Representatives passed the National Defense Authorization Act and included in it a provision requiring the automatic enrollment of men from 18 to 26 years old for the draft. Before that, men were required to register for the draft when they turned eighteen, but whether to do that was up to them. Many of them didn’t, even though failing to register subjected them to criminal penalties. But the choice was theirs to make, and now, they won’t have it.
Stop Taxing Tips
Donald Trump recently promised that, if he wins the November election, he will support eliminating taxes on tips as part of his proposal to renew and expand the 2017 tax cuts. This tax law change would be a long overdue boost for millions of Americans.
The 45-Year-Old Cold War with Iran Is a Failure. It’s Time for a New Approach
Since its establishment in 1979, the Islamic Republic of Iran has become the third-largest threat to United States national security. It may therefore seem like the ideal strategy to combat this threat would be one that is confrontational and aggressive. However, this approach has proven largely ineffective. The truth is that hawkish policies stressing interventionism only escalates tensions with adversarial foreign powers.
Trump’s Faulty Tariff Scheme
Donald Trump recently addressed top CEOs with a proposal that he sells as helping to reduce income taxes. Trump came out in favor of possibly abolishing income taxation and replacing it with tariffs to finance the federal government. It is likely that the trade-off is simply rhetoric to sell everyone on his protectionist policy, but it is still worth picking apart a critical flaw in the idea regardless.
Phony Civil Rights
Natural-rights libertarians reject egalitarianism, regarding it as a revolt against nature. On that premise, the only valid rights are those that give effect to self-ownership and private property. All rights created to give effect to egalitarian values are phony rights, and as Lew Rockwell has explained, “phony civil rights put your life in danger.”
Thomas DiLorenzo Discusses Federal Reserve, Inflation, and Austrian Economics
On June 21, 2024, host Mike Maharrey and Mises Institute President Tom DiLorenzo discussed the real beneficiaries of the inflation continually created by the Federal Reserve, how our monetary policy harms savers and the elderly, why gold and silver should be viewed not necessarily as an investment but more as insurance, and why everyone should own this financial insurance.