has government been wiser in the use of resources than the market system driven by competitive pressure to keep costs down? In fact, government plays a purely are working with the courts to slice up the company, supposedly to create competition but actually to reward Microsoft’s competitors. Is there anyone who truly the great toilet tank fiasco. In a little-noticed law passed in 1992— the Energy Policy and Conservation Act Congress mandated that all future toilets installed in
if that means businesses outside their city. There are many advantages to this policy. Resources are not distorted by government favoritism. Businessmen enjoy a for boycotts or create animosity and resentment among neighbors. It’s the sort of competition these cities should be engaged in. Paul F. Cwik, a former Mises
what minimum wage must be paid, what kinds of energy may be used, and how much competition will be tolerated. Meanwhile, the only strong resistance force to this a major speech at the Heritage Foundation in which he lavished praise on a policy paper endorsing the WTO by Heritage trade analyst Joe Cobb. Shortly
economists [advocating] neoclassical economic theory”-too obsessed with “competition, market fluctuations . . . and the optimal uses of labor and resources” He drops hints, though. He would like to see “governments create population policies“; he speaks of “the dream that acquired general currency at the Earth
of fatal auto accidents are said to be attributable to cell phone use. But to the policy elite, it is not enough to note that tragedies occur, that they be dealt with . Further Reading: J. Robert Latham, Jr., “ Cell Phone Use While Driving “; The Competitive Enterprise Institute’ s Death by Regulation Project . Terrell,
of the Department of Commerce, the UN’ s WIPO drew up the dispute resolution policy mandated by ICANN for cases like Tarek Ahmed’ s. Other governmental influences for a considerably higher price than the registration fee. The dispute resolution policy developed by WIPO specifically declares this kind of profit evidence of “bad 1998), pp. 255, 333; Milton L. Mueller, “Internet Domain Names: Privatization, Competition, and Freedom of Expression,” Cato Institute Briefing Paper No. 33 (1997);
on real factors, who deserves the credit? The widespread assumption is that some “policy“ must be the reason. Hence, Democrats credit Clinton; Republicans credit rational to do so. If it were not rational-and certainly capitalists make mistakes-competitive market forces work to correct the error. And yet even when irrational
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.