“And while one is loath to defend them, these faceless, fast-talking people who call us during dinner, perhaps it’s time someone did. Telemarketing isn’t a crime. It’s a profitable business responsible for legitimate employment. Yet it’s just been regulated out of existence, and the country is applauding,” writes Farhad Manjoo in Salon .
Writes Eduardo Kamisato: There are many problems with the US economy right now: an increasingly huge fiscal deficit, huge trade deficit, and an almost negative balance of capital investments that can lead to a depression next year. These, and the generally unstable political environment in Washington, affect not only Americans but the rest
“The pension time bomb is ticking — and could ultimately explode in a savings-and-loan-like crisis. An aging workforce and the collapse of the stock market have combined to create massive underfunding of traditional corporate pensions. The Pension Benefit Guaranty Corporation (PBGC), the government agency that insures these pensions, estimates the
According to Niall Ferguson and Laurence Kotlikoff , global rule by the US is threatened by balloning expenditures on Social Security and Medicare. (Courtesy of Eduardo Kamisato.)
It is now illegal in New York City to have ashtrays in public view.
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.