The Chicago Tribune and The Columbus Dispatch are reporting a Washington Post story on the federal push to make the polar bear the first mammal to be listed as in-risk of extinction due to global warming. According to the reports, “The Bush administration has decided to propose listing the polar bear as threatened under the Endangered Species Act,
One truism has never been successfully challenged: Government interventions lead to a less efficient, less well-ordered society. In his important book, Basic Principles of Economic Value , Eugen von Böhm-Bawerk develops, among other important concepts, his basic law of prices and includes a footnote that is both intriguing and worthy of
CNN is reporting that July 1 was the effective date for a host of new state laws, with more laws about to become effective. Not to worry, this latest mix of statist controls will finally order society in the correct manner. You can disregard the prior failed interventions, the capital chefs have finally got the recipe just right. You can sleep
Once again the capitalists, entrepreneurs, petty-bourgeois, and associated travelers exploited those in need of goods and services; they ripped me off by selling school supplies at an outrageous price. These profiteers recognized the increased demand for education wares as school fast approaches so they acted just as the interventionist predicted;
It’s another hot summer day and nothing cools the heat like a large cone of ice cream. Due to our relatively free economy, I have the choice between many different sellers, brands, and types of the frozen treat. A relatively new concept is one where ice cream shops mix your choice of ice cream and toppings on a super-cooled stone slab before
The National Bureau of Economic Research has just published a study that purports to answers one of the questions that has stumped men for ages, “ Why do high earners work long hours ?” Will the next study answer another unsolved mystery, “Why do those who work long hours tend to be high earners?” There are a number of ways used by men in attempt
You just have to love it: The contract talks between the Ohio Education Association and its professional staffers appear to have stalled. Could a strike be imminent? “What,” you say, “one union suing another. How could that be possible?” Picture this situation: A union which constantly complains about wages and working conditions being struck by
“Here’s an easy way to double your salary: Go to work for the U.S. government.” That’s right, government employees receive an average compensation twice that of the average private-sector employee. Don’t hold your breath for the commission to investigate this wage
The Brookings Institution Press has a new offering, Antitrust Policy and Vertical Restraints . The description of the book includes this sage advice, “ In order to formulate economically efficient policies, they (policymakers) must be able to identify and limit those practices that are likely to do more harm than good .” Why make this hard? The
WorldNetDaily.com is reporting that the House has passed a bill that appears to allow strip searches of public school students in order to “ ensure that classrooms, school buildings, school property and students remain free from the threat of all weapons, dangerous materials, or illegal narcotics .” I guess one shouldn’t be shocked that the
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.