State Regulators Deny the Homeless a Free Meal
You want to give free food to the homeless? "Too bad," say regulators who'd rather people get no food than "unapproved" food.
You want to give free food to the homeless? "Too bad," say regulators who'd rather people get no food than "unapproved" food.
Recent minimum wage increases will both increase the cost of living and limit employment for low-skilled workers.
The states control over deciding who drives and how becomes a lot less relevant in a world of autonomous cars.
Austrians have a perfect understanding of how a free market works and why the competition of the free market produces excellent companies.
Salaried jobs provide opportunities and flexibility. Government regulators want to take those options away.
Not understanding how politics works will prove to be much more harmful than ignorance about how markets work.
When new and burgeoning markets find themselves operating in unregulated territories, it does not take long for the state to intervene.
The critique of "trickle-down" economics relies on a mistaken zero-sum view that more income for some must reduce incomes to others.
Henry Hazlitt brings to his only novel, Time Will Run Back, the same clarity and ease for the reader he brought to Economics in One Lesson.
With a state in existence, ultimately, all private property becomes state property.