is theft” is often the default position libertarians take when it comes to tax policy. Why? Because a “tax is a coerced contribution to state and federal revenues,” is a possible solution? My argument is that we should advocate more often for tax competition as one primary principle of tax policy. One of the most important
Many believe, in short, that the antitrust laws are responsible for our having a competitive society. Preserving competition might have been the objective in about 1890 when the basic act was A Useful Antitrust Action I want to make clear that one phase of antitrust policy is in my opinion of real social utility. That is the phase concerned with
Competition b etween Primitive Communities and Its Results As population began to and moral benefits which such aggrandizement secures to themselves. Their home policy is therefore to augment their own functions within the State by arrogating
on January 30, 1933, people did not know what to expect as regards the economic policy of the new regime. There were disturbing signs that the National Socialists of the production and distribution of a given output under conditions of free competition and a large measure of laissez-faire. As Donald Moggridge points out, the
to the analysis of what is known as the “mixed economy,” the “ middle-of-the-road policy ,” or “interventionism.” In Mises’s eyes, interventionism faced two main intervention. Indeed, after having embraced a wide variety of interventionist policies, Argentina and Venezuela have proven Mises right. Government Spending Leads 2003. As such, local industry suffers from rising costs while regulations and competition from subsidized imports weaken their growth. In Argentina, exports have
for the old continent, not by bringing more protectionism but by bringing more competition between governments. Europe Needs More Institutional Competition Europe The problem is this kind of cartelization tends to increase the burden of public policy. In the long run, the consequence of this lack of competition can only be less
known. Macron was elected with a program, which the promise he would enhance the competitiveness of the national economy through liberalization reforms. It was a kind of “Make France Competitive Again” program to ensure that France not be dependent on the goodwill of manufacturers were heavily regulated, subsidized, and controlled. This mistaken policy allowed Britain — which opted for policies allowing more freedom to
growth stimuli, capital outflows surged. As investor confidence in domestic policies and market conditions eroded, capital increasingly left the country. Japan environment suffers from important labor market rigidities and hampered market competition. The former include outdated employment models, such as lifelong workers must work more productively only to maintain the same living standards. A policy change is needed to foster capital accumulation again. Yet in the wake of the
regime the archetype of political evil. This view does not extend to his economic policies, however. Far from it. They are embraced by governments all around the on huge public-works programs like autobahns, protected industry from foreign competition, expanded credit, instituted jobs programs, bullied the private sector on to stimulate supply and demand through large-scale military expenditure, foreign-policy adventurism, welfare, deficits, and the promotion of nationalist fervor. Such
Germany is the euro area’s economic powerhouse and most competitive economy. It accounts for close to 30 percent of the euro area gross pundits—but from the emergence of nimble independent producers and from tougher competition from foreign entrants such as Tesla. Today, German car-making giants like UNCTAD [ link: World Investment Report 2023 | UNCTAD ] Investors complain about policy uncertainty, in particular regarding the supply and cost of energy. Germany’s
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.