Taxes and Spending

The lack of revolutions, even in highly-taxed societies points to the possibility that many are willing to tolerate rather high taxation rates.

The conventional wisdom proposition suggested by Galbraith that there is endemic instability in a market-based economy that can be remedied only by government policy interventions is inappropriate. 

We must all be grateful to Professors Walter J. Blum and Harry J. Kalven, Jr. for providing in a brief space a cogent review and critique of the various arguments for progressive taxation

While corporate income taxation is a major issue in the debate over international finance, economic theory has no clear stance on who bears its burden.

A basic principle of Austrian economics is that the originary rate of interest (the rate of discount of future goods compared to present, otherwise

Given the temper of the times it was surprising that following the American Revolution there appeared proposals for national systems of education.

Were a government to demand the sacrifice of 46,700 citizens’ each year, there is no doubt that an outraged public would revolt.

Robert Nozick, in Anarchy, State, and Utopia presented his by-now-famous view that “a minimal state, limited to the narrow functions

The doctrine of natural liberty is ultimately grounded on two premises which are necessary to the understanding of why governments are “crimi

A characteristic feature of modern civilization is the steady growth of government.1 This government growth occurs under two forms: either through