looking at anti-market interventions ). And the President gets a good mark on tax policy thanks to the Tax Cut and Jobs Act . But Trump’s grade on that issue may be that a Republican (in name only?) Treasury Secretary explicitly condemns tax competition . Politicians and their flunkies grouse about a “ race to the bottom ”
and Italy halt any kind of reform attempts? Will the UK become a free-market, competitive paradise that will force the EU to implement market-friendly policies as to them; finding a common EU solution for the migration issue, more foreign policy and military cooperation, and further eurozone integration. Germany is also policy proposals . However, broadly speaking it is one of the most pro-trade, pro-competition, pro-decentralisation EU member states. Despite some wishes to the
As an international private currency, Libra will be in competition with publicly issued currencies. It could have large and fruitful repercussions on the global monetary policy, especially with reference to those countries where central banks are still
advisor to President Donald Trump and former President Ronald Reagan. “Fiscal policy is not independent. Military policy is not independent. Social policy is not. programs call for. Of course, a better approach would be to open the Fed up to competition by repealing legal tender laws and exempting parallel currencies from
of a negative trend as the city is starting to embark on a new path of anti-growth policies such as the Green New Deal and its insistence on keeping big spending intact and business-friendly Sun Belt and Great Plains states. That’s the beauty of competitive federalism, which allows jurisdictions to compete for the best talent and helped make America and Europe prosperous over the last 500 years. This type of competitive decentralization should be embraced and expanded upon in order to ensure
of the profit motive versus bureaucratic management, state monopolies versus free competition, international trade versus protectionism and so forth. But we also know communities, districts, states and counties, each of them free to implement the policies they deem to be the best, and the rest, seeing the resulting increase in
over men wielded by other men—of a magnitude never before knownThere is, in a competitive society, nobody who can exercise even a fraction of the power which a increases. A community of free men must be our goal. The guiding principle that a policy of freedom for the individual is the only truly progressive policy remains as true today as it was in the nineteenth century. Friedrich Hayek
that dwarfs the imperfections purported to afflict the free market, namely that policies undertaken in the name of the public good inexorably become captured by posed a devastating question that weakened the force of the standard view’s policy conclusions, though doing so without challenging the assumptions of the party who do not have that power. . The more significant dimension of political competition is between those who with power versus their challengers for that power,
Thursday that lays the ground work for a long period of ultraloose monetary policy, jolting European financial markets and triggering an immediate response from has struggled financially amid rock-bottom interest rates in Europe and fierce competition in the German banking industry, limiting its ability to invest and expand
Donald Trump is an incoherent mix of good policies and bad policies . Some of his potential 2020 opponents, by contrast, are were nationalized required a planned economy, as a substitute for capitalist competition. Central planning, however, proved unable to meet people’s individual in West Germany and East Germany diverged dramatically because one had good policy (West Germany routinely scored in the top 10 for economic liberty between
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.