Michael Brown, PhD, is an Active Duty Major in the Air Force, where he currently works as a professor of economics and cost analysis and is the program director for the Cost Analysis program at the Air Force Institute of Technology.
On April 1, 2024 California bill AB 1228 went into effect, raising the minimum wage to $20 an hour for fast food restaurant workers. The media pundits largely celebrated the bill’s boldness...
A new study at UC Berkeley claims that California‘s new $20 minimum wage has had no adverse economic effects. If only that were true.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.