Interventionism

Homer Economicus is the subject of a question on the TV show "Who Wants to Be a Millionaire?"

Many poverty relief laws and policies are premised on the assumption that only "the rich" will bear the costs. In fact, the incomes and well-being of many low-income individuals are taxed and diminished to benefit a nebulous group known as "the poor."

What if the government ran hair salons and the private sector provided auto registrations? Needless to say, getting a haircut would be a harrowing and soul-crushing experience. Meanwhile, registering your automobile would be another matter entirely.

Communities like Baltimore and Ferguson have been crippled by government regulations and the American nanny state. Now is the time to allow local residents to break free of government wage controls, government schooling, and government prohibitions.

Even if the global warming lobby is eventually able to prove their case for the existence of global warming, that would still do nothing to prove the necessity of their plan for global economic controls, and thus, the impoverishment of billions.

FedEx and UPS recently announced they will not deliver some goods that can be used to make guns. These companies should be free to do this, just as all owners should be free to decide with whom they will do business.

Those who want a higher minimum wage often claim it is necessary to combat a rising cost of living. However, these same people often support policies that raise the cost of living and drive real wages down.

Today on The Santelli Exchange on CNBC, Rick Santelli acknowledged CHASE Bank's war on cash using Joe Salerno's Mises Wire post from Monday: 

The story of intervention is as old as governments and commerce, and even though the details change, the basic narrative stays the same.

The pro-tax crowd continues to tell us that the rich aren't paying their "fair share" and that the system taxes the poor more than the rich. The opposite is true, although this doesn’t justify more taxes for either the rich or the poor.