Steve Horwitz chimes in on the discussions on poverty and inequality here . He notes that the competitive market is what reduced poverty in the US. It is the War on Poverty that actually prevents the poor from making economic progress. Then he offers three great suggestions for helping the poor out of poverty, including ending the War on
There is controversy on the Indian River in southeast Florida where fishermen are complaining about the fertilizer runoff from sugar farms. The fertilizer runoff leads to an overgrowth of algae in the Indian River lagoons and cuts down on the amount of fish that can be caught. Sugar subsidies provide large incentives to grown sugar inside the US
The really bad employment report came out on Friday. The Conference Board issued its own Employment Trends Index (ETI) this morning. Their report was “positive” for December and 5 out of the last 6 months. “Despite the disappointing job numbers for December, the improvement in the Employment Trends Index is signaling solid employment growth in the
A new journal article from Adrian Ravier and Nicolas Cachanosky : “A Proposal of Monetary Reform for Argentina: Flexible Dollarization and Free Banking” Abstract: Argentina’s economy and monetary institutions are, once again, experiencing a serious crisis. In this document, we propose a monetary reform for Argentina that consists of flexible
Mortgage Lending is down more than 50% at the big banks from the 1st to 4th quarter. Higher interest rates on mortgages is leading to less refinances and fewer home purchases. But Market Watch reports that things are not all bad: But, the news isn’t entirely grim. The dropping originations that are hitting banks’ financial results could prove to
Volume 12, Number 1 (1996) Prohibition, I venture to say, was the last thing in the world the American people expected to have come upon them. “It can never happen” might be our national slogan. Let us wake up, and face conditions as they are.” Like the Prohibition generation of the 1920s, Americans today seem unaware of their long history of
This is the most important book on public policy to be published in a long time. Benson takes on the most pervasive government activity, the criminal justice system, and addresses the critical issue of our high crime rate. There are no clear “academic” solutions to this problem, but Benson presents a clear and sensible solution derived from the
David Beito did a great service for the scholarship of liberty and American history with his rediscovery of the Great Depression-era tax resistance movement. He uncovered evidence of widespread opposition to property taxes across America. However, the anti-tax rebellion declined as quickly as it started, a demise that he attributes to a lack of a
“ Millions Wasted on Jobs Creation “ (BBC): “According to the NAO report, published on Tuesday, more than half the new jobs that have resulted from the current system would have been created anyway. At least a quarter of the jobs created had the knock-on effect of displacing other jobs in the disadvantaged areas in question, the report
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.
