Contrary to the political myth, poor people do indeed pay taxes, and they pay into a system that robs them of control over how they can spend, save, or invest their own property. In addition, the poor are taxed by a perverse incentive structure that punishes their financial success.
In the US, many pension plans are hopelessly underwater as the economy heads into troubled times.
Although it’s clear that they offer no economic net benefit, American cities are building taxpayer-funded sports stadiums every chance they g
How much is Obama's war on ISIS Going to Cost you? You don't want to know.
How much is Obama’s war on ISIS going to cost you? You don’t want to know, writes Daniel McAdams.
This lecture by Robert Higgs was presented at the 2012 Mises University in Auburn, Alabama. Includes an introduction my Mark Thornton.
Some of the questions asked of the panel were: What is the connection between the Fed and the current crisis?, What is the business cycle?, Does IP qualify as socialization? and, Is the housing bubble worldwide?
Featuring Thomas DiLorenzo, Doug French, Bob Higgs, Yuri Maltsev and Bob Murphy at the Mises Circle in Indianapolis: “Agricultural Subsidies:
Not unlike governments, ponzi schemer Bernie Madoff used his victims' money to exhibit his "generosity" through charitable giving projects.
