The latest two states to legalize recreational cannabis are New York and New Jersey. However, if one believes governors and legislators in those states have finally adopted a more libertarian view of the topic, one will be severely disappointed. Legalization of recreational cannabis in both states is driven by the need for tax revenue—tax revenue
Anyone interested in what the future of the Covid pandemic looks like, should look no further than Austria. The country that was the foundational home of Ludwig von Mises, is now the home of the next chapter in the Covid hysteria. On December 12, 2021 the Austrian government finally lifted the fourth lockdown , since the Covid pandemic began, but
Virtue-signaling politicians in New Jersey have banned single-use plastic bags, claiming to “help the environment.” They need to read Hazlitt’s Economics in One Lesson instead. Original Article: “ Hazlitt’s Lesson Restated: New Jersey’s Disastrous Ban on Single-Use Plastic” This Audio Mises Wire is generously sponsored by Christopher Condon.
The standard bureaucratic line after a program’s failure is that the government agents didn’t have enough authority or resources to handle the job. Neither explains the failure of Trump’s Paycheck Protection Program. Original Article: “ No, More Bureaucracy Would NOT Have Saved Trump’s Paycheck Protection Program “ This Audio Mises Wire is
The new proposal is framed as a tax on the ultrarich. The same was true of the new income tax in 1913. If given the power to tax unrealized gains, expect the feds to expand the tax to ordinary people. Original Article: “ The Madness of Taxing Unrealized Capital Gains “ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated
Although covid cases in Austria—and most other countries—are rapidly falling, Austria has doubled down on punishing the unvaccinated and become the first country to mandate vaccination for all adults. Original Article: “ Austria Doubles Down on Forced Vaccinations “ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by
The SALT tax deduction allows state and local taxes—like property taxes—to be deducted from federal taxes. To cap it is to pave the way for the federal government to tax income twice. Original Article: “ Why Biden Wants a Cap on State and Local Tax Deductions “ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by
Surprise! An audit of Pennsylvania’s covid lockdowns reveals the process lacked any legal consistency or transparency. Yet Pennsylvania’s health bureaucrats have used these arbitrary rules to crush the state’s entrepreneurs. Original Article: “ Pennsylvania’s Lockdown Rules Were Arbitrary, Inconsistent, and Political “ This Audio Mises Wire is
In August 2020, the Institute for Justice published a report entitled “ Conning the Competition: A Nationwide Survey of Certificate of Need Laws .” Certificate of Need (CON) laws are a particular problem in a health crisis like we are experiencing now. However, the problem with CON laws is nothing new to readers of the Mises Institute. In 2017,
Listen to the Audio Mises Wire version of this article. On October 6, 2020, the auditor general of Pennsylvania, Eugene DePasquale, released a status update on his ongoing audit of the Pennsylvania Department of Community and Economic Development (DCED) waiver process for businesses that appealed Governor Wolf’s covid-19 closure order. To
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.