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- Search found 14 items for:
- Interventionism
- Art Carden
- 2009
Mises Daily
Author:
Art Carden
Online Publish Date:
I saw my first Tesla Roadster a few weeks ago; I passed it in Los Angeles on my way to the airport. I have heard interesting things about Tesla as an innovative company: they have broken new ground on the production of cars that don’t run on gasoline and that don’t produce noxious emissions. The first-generation Tesla Roadsters are shockingly
Mises Daily
Author:
Art Carden
Online Publish Date:
Should we be conscripting people into the military or community service programs of some sort? Whether the government should require “national service” is a perennial issue that has enjoyed renewed emphasis during this time of economic strife, but let’s not mince words. What is compulsory national service but a type of slavery? We can sing the
Mises Daily
Author:
Art Carden
Online Publish Date:
Recently, the Shelby County Commission passed an ordinance that would make it illegal for employers and firms that contract with the county to discriminate against people based on sexual orientation. Unfortunately, the discussion got bogged down in questions about whether homosexuality is or is not moral. It was assumed that the government can
Mises Daily
Author:
Art Carden
Online Publish Date:
Economists, political scientists, students, and laymen unfamiliar with the Austrian tradition sometimes restrict their discussion of Ludwig von Mises’s contributions to economic science to his magnum opus, Human Action , and usually only then sometimes to deride it as a massive, irrelevant tome that nobody actually reads. Those who are familiar
Mises Daily
Author:
Art Carden
Online Publish Date:
I was the teaching assistant for a course on the theory of property rights during the fall semester of 2002. We spent quite a bit of time discussing rent control, various rent-control cases, and the legal principles that informed judicial decisions surrounding rent-control cases. One of these principles was an aversion to “windfall” profits.
Mises Daily
Author:
Art Carden
Online Publish Date:
On June 28, 2007, the Federal Trade Commission issued a formal “administrative complaint” to block the proposed merger between premium grocers Whole Foods Market and Wild Oats Market. They claim that it would reduce competition in the “premium natural and organic supermarkets” sector, suggesting further that “if the transaction goes forward Whole
Mises Daily
Author:
Art Carden
Online Publish Date:
Legislation has outlawed “child labor” in the United States in various manifestations for decades, yet child labor persists for several reasons and through many different channels. While children no longer work in factories or in other occupations, they still work in family businesses (on farms, in family restaurants, etc.), and less obvious
Mises Daily
Author:
Art Carden
Online Publish Date:
People in the market can compete on many different margins. They can compete by offering higher productivity, or they can compete by offering better products. Perhaps most importantly, people can compete by offering lower prices. In the case of laborers, this often means offering their services at a lower wage. Anyone who has taken an
Mises Daily
Author:
Art Carden
Online Publish Date:
Suppose that you want to destroy a city. Should you bomb it, or would it be sufficient just to impose rent control? It’s a bracing question at first, but some economists have argued that the two are roughly equivalent. When the price of rent is held below the market-clearing level, shortages emerge and the housing stock rapidly deteriorates. Those