Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.
When it seemed central Europe would succumb to the terrors of Bolshevism, Ludwig von Mises wrote his classic book, Socialism, convincing fellow Austrians that socialism was destructive. Mises influenced F.A. Hayek, whose The Road to Serfdom had similar effects in the US.
John Maynard Keynes is often credited with presciently criticizing the harsh anti-German measures of the Treaty of Versailles. But, it turns out that Keynes was playing both sides.
European Union regulators are levying draconian new requirements for aviation fuel that will surely force up costs for airlines operating in the EU. While these new rules will have zero effect on the climate, the effects on their airlines and their passengers will be negative.
Modern academics are relentless in trying to find any nuances they can from the works of Karl Marx, but they miss the larger issues with his work. Marx was alive and active when the marginalists logically took apart his value theory, but hope springs eternal for Marx‘s supporters.
The German National Socialists (Nazis) took their inspiration from the USSR and other European socialists.
Ireland is suffering from the same kind of housing crisis that has hurt the US. Not surprisingly, the crises in both countries have their roots in government intervention undertaken ostensibly to make housing more affordable.
In 1940, shortly after Nazi armies ran across Europe and conquered France, Ludwig von Mises and his wife, Margit, escaped to the US after a harrowing journey through hostile territory. Here is their story.
Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.
If the debt limit is not raised, then there is at least a small chance that a few of them will be held accountable at the polls.
