A “Universal Basic Income” Costs More Than You Think
Basic-income schemes siphon off resources from employers who could have used them to increase worker productivity — and worker incomes.
Mises Wire
What Is Cultural Marxism?
Cultural Marxism is the philosophy that underlies today's trend toward crushing all dissenting opinions.
Net Neutrality Is Dead — But Now Some States Want to Revive It
Democratic governors are implementing their own versions of net neutrality.
The Problem with Government Licensing Schemes
Government licensing hurts employment, reduces competition — and thus quality — and serves to line the pockets of the established firms who benefit.
The Cronyist Origins of Social Security
The big-business-connected creators of Social Security sought to use the system to punish their competitors in the small-business sector.
Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
Big banks like Deutsche Bank have the potential to take an entire economy hostage: When they get into trouble, they can drag everything down with them.
Balanced Budget Amendments Are Useless: Limit Taxes, Debt, and Spending Instead
The Colorado constitution mandates voter approval of tax increases, and controls spending growth. If only we had something similar for the feds.
Stop Using Suicides to Push for Bigger Government
Recent media coverage suggests more government spending and more government control is the only "solution" to rising suicide rates in America.
The EU is Rotting (and Its Banks are Insolvent)
The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.
“Windfall Profits” Aren’t a Problem
Once it is understood that profits and losses evolve from the changing values of consumers, it becomes obvious that abolishing windfall profits or windfall losses is impossible.
