Economics Is About Scarcity, Property, and Relationships
Everything in human life is organized around how we make decisions about three things: scarcity, property, and relationships.
Mises Wire
With Mass Shootings, the State Makes Us Less Safe
President Obama has claimed that mass shootings do not occur in other countries. But, the data is clear that they do happen other places, and in places with stringent gun control laws. Worldwide, the state fails to keep its citizens safe.
Austrian Student Scholars Conference
Grove City College will host the twelfth annual Austrian Student Scholars Conference, February 26-27, 2016.
Rothbard on North
Murray Rothbard reviewed an early work by Douglass North, The Economic Growth of the United States, 1790-1860.
Eliminating Cash Makes it Easier to Silence Critics
As William Grigg recently reported, federal regulators have the ability to freeze the bank accounts and credit card accounts of citizens, even without charging them with a crime or providing any other due process.
Ralph Nader Is Right: The Fed’s Stimulus Hurts Ordinary People
Defenders of the Fed have long been at a loss to explain how anyone could ever oppose the Fed and its “stimulus” programs.
The Good Ol’ Days: When Tax Rates Were 90 Percent
Bernie Sanders and other advocates for more taxes like to note that income tax rates hit 90 percent in the 1950s. What they leave out is that few ever paid such rates and total tax revenues were about the same then as today.
Letter to the Philadelphia Inquirer
Patrick Barron, an associated scholar with the Mises Institute, passes along a letter he wrote to the Philadelphia Inquirer in response to
OMG: Do a Million Americans Really Have no Toilet?
The Drudge Report today features the headline: ”BUST: 1.1 million Americans don’t have a toilet...”
Should People be Allowed to Work for $1 an Hour?
Amazon has developed a new way to help people do easy work for a little extra cash. The jobs involve repetitive tasks that computers can't do. But, since the jobs pay below minimum wage, we're told the whole thing should be outlawed.
