Taxes and Spending

Interviewed by Merlin Rothfeld and John O’Donnell, Mark Thornton offers an Austrian perspective on our current predicament in the U.S., prese

Peter G. Klein explains that the "shutdown" is no shutdown and urges us to reject the economic version of Orwellian doublespeak.

Woodrow Wilson signed the Income Tax into law one hundred years ago today.

Mark Thornton presents a Misesian commentary on why politics is to blame for the impending U.S. government "shutdown," and how a gold standard could provide real fiscal discipline.

Interviewed by Ken McClenton on “The Exceptional Conservative Show” on 27 May 2013, Mark Thornton talks about the historical reaction o

Interviewed by “Butler on Business” host Alan Butler, Mark Thornton talks about the popping of the bond bubble.

Recorded at Mises University 2013.

The IRS has a history of political abuse. Hoover, FDR, JFK, and Richard Nixon all used the IRS against enemies, long before Clinton or Obama.

All services that government provides can be privately provided goods and services. All voluntary arrangements are better than coercive ones.  Anarchy is simply no rulers, but not no rules.

The parasite - the state - has to have a host. First there had to be production before there could be something to tax or steal. Kings waged dynastic wars requiring high taxation. Revolutions and secession resulted.