The affluence of free markets makes it possible to pursue goals few of us would have the means to pursue otherwise, writes Gary Galles. This audio Mises Daily is narrated by Keith
The term “quid pro quo” has been twisted to now include government handouts and state-mandated exchanges, writes Gary Galles. This audio Mises Daily is narrated by Robert Hale.
Politicians and regulators usually don’t know what they don’t know about everything from health care to your small business, but that sort of compound ignorance won’t stop them from regulating the minutiae of everyday life and commerce, writes Gary Galles. This audio Mises Daily is narrated by Robert
Economists often rely on the assumption of “other things equal.” The problem arises when politicians ignore the economy and unintended results, writes Gary Galles. This audio Mises Daily is narrated by Allan
Economists can use their knowledge for both good and evil, and for those in government, such knowledge is often used to deceive and make government programs look less costly than they are, writes Gary Galles. This audio Mises Daily is narrated by Keith
When governments spend, regulate, and tax, they decrease household take-home pay while diverting savings and investment to the government class, writes Gary Galles. This audio Mises Daily is narrated by Allan
Space limitations for my “Labor Unions and Freedom of Association” Daily Article today required that some of the references to the clear understanding of the issues by individualists connected to the Austrian school of economics had to be edited out. But three of those contributions, from Auberon Herbert, Sylvester Petro, and Friedrich Hayek, are
Mandatory union dues are again at issue. On the heels of contentious “right to work” disputes, the Supreme Court heard arguments challenging an Illinois mandate requiring home healthcare workers to pay representation fees to a union they did not want. Harris v. Quinn could even challenge the Court’s 1977 Aboud precedent upholding mandatory union
With President Obama’s State of the Union Address and its associated campaign prominently featuring increased minimum wage, tired arguments for raising the minimum wage are being once again retreaded. Unfortunately, they compound failures of logic, measurement and evidence. It would stimulate the economy . If I pay $1 more than necessary to hire a
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.