Taxes and Spending

Leading Austrian Economists discuss Henry Hazlitt's classic book Economics in One Lesson. Interview 7 of 12.

Main objection to the Austrian Business Cycle Theory is rational expectations - they can't prevent entrepreneurs from making use of loose credit because they would be left behind if they didn't.

Progressive, proportional and regressive taxes. Rothbard is relentlessly not in favor of taxes. The state robs both rich and poor.

The uniqueness of the Austrian approach to taxation is to first cover Public Policy, then Antimarket Ethics and finally Taxation. It is a praxeological development approach. Robbery and counterfeiting are the revenues to the state. You can't look at taxation alone, you must look at expenditures, too.

With sound money and no central bank, the debate over our country's future would take on new meaning.

A corporate tax is really a tax on shareholders, customers, or employees of the firm.

Reminiscent of a juvenile accepting a dare to do something stupid, the chairman of the Senate Banking Committee, Senator Christopher Dodd, crowed t

Now online is my article from the May 12 issue of The New American, &#8

There is still no such thing as a fair tax.

I realize purists will object to any advocacy of taxation besides absolute zero, but even so I encourage people to read at least the first few chap