The Free Market 13, no. 12 (December 1995) Recycling has a high moral status, mostly because kids come home with bad information from schools and, in turn, use it to intimidate their parents. One poll revealed that 63% of kids have told Mom or Dad to recycle. Parents, be ashamed no more! Throw that trash away. There’s no virtue in recycling
The point to be emphasized in this paper is that if one starts with a different view of efficiency and market optimality, an entirely different set of conclusions relative to government intervention can be reached. In particular we will examine the approach to economics taken by the Austrian School and detail how that approach is applied to arrive
In recent years, as libertarian policy analysts have put their minds to the question of tax reform, some have succumbed to the lure of a broad-based, proportional, or flat, income tax. Under these proposals, the current progressive multirate structure would be replaced by a single rate that would apply to all taxpayers. Moreover, all forms of
Probably the most outward sign that electricity “markets” are totally perverse and clearly not a free market is that the industry devotes large sums of advertising dollars trying to convince people to purchase less of their product.
In the media and among pundits use of the term trickledown economics is common. Reportedly first used in the 1930s by Will Rogers, the expression was prominently adopted as a pejorative description of what is more appropriately called supply side economics, by those who opposed Ronald Reagan’s 1981 tax cuts. The implication of the term, when used
Volume 7, No.1 (Spring 2004) Austrian economics lacks a formalized, self-conscious theory of environmental economics. But in fact all of the major elements of such a theory already exist and in that sense what is needed is to piece together the relevant aspects of Austrian economics in order to draw out and focus a theory that is already
The Journal of Commerce June 15, 1999 In December 1997, the Clinton administration signed the Kyoto Protocol, a United Nations treaty committing developed countries to reduce their greenhouse gas emissions. It is potentially a very expensive agreement on several levels. If ratified, Kyoto would require the United States to reduce its carbon
Austrian economics lacks a formalized, self-conscious theory of environmental economics. But in fact all of the major elements of such a theory already exist and in that sense what is needed is to piece together the relevant aspects of Austrian economics in order to draw out and focus a theory that is already there. The purpose of this paper is to
The saga of the so-called Charlotte bathroom ordinance — and the state of North Carolina’s response to it — has taken on a life of its own. At the national level leftists are accusing North Carolina of bigotry while, in the name of tolerance, a growing list of performers and businesses are boycotting the state. Unfortunately, what has gotten lost
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.
