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Tag Archives: News

Why Don’t Billionaires Pay the Same High Tax Rates the Rest of Us Pay?

The truth is America has lost its way if commoners pay a rate of 40% but its billionaires pay next to nothing. As with everything else in polarized America, billionaires proclaiming space tourism is the next big thing for humanity neatly divides opinion into two camps: those who laud the initiative, hard work and innovations of the billionaires as examples of the American Can-Do Dream, and those who wished the billionaire space tourists had taken a one-way flight to a distant orbit of...

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Finnis on a Problem for Property Rights

John Finnis, for many years a professor at Oxford, is one the world’s greatest legal philosophers. Along with the late Germain Grisez, he is the foremost defender of a version of natural law theory called “new classical natural law theory.” In his fullest account of his legal theory, Natural Law and Natural Rights (Oxford 1980), he argues that the right to acquire property, as defended by Robert Nozick, is subject to limits that severely weaken its force. Although he does not consider Murray...

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The Q2 Impact Report Is Here

Spring at the Mises Institute has been busy, with our incredible Rothbard Graduate Seminar week and events in Birmingham and New Hampshire. We are excited by the response to our Medical Freedom Summit, which featured an incredible lineup of speakers. But we have much more happening, and planned—so please take a moment to open our Impact Report and stay current on everything the Mises Institute is doing! Thank you as always for your support and commitment to our mission. Powered by...

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Toilet Paper Rolls Are Getting Smaller. Blame the Fed.

A term has been coined for product sellers who shrink their packages, and thus, the amount of product in those packages, keeping the package price the same: shrinkflation. Anyone with a bit of good sense or economics training knows this is another form of price inflation, caused by what used to be the dictionary meaning of inflation; an increase in the supply of money.  For example, while the average American behind continues to widen, toilet paper has narrowed. A friend’s mother busted out a...

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Mark Spitznagel: ¿a qué precio la seguridad?

By: Mark Spitznagel {Nota del editor: Mark Spitznagel es presidente y director de inversiones de Universa Investments. Ha escrito sobre la mitigación del riesgo y la «cobertura de cola» en sus libros The Dao of Capital y Safe Haven. Es un estudioso de la economía austriaca y ha aplicado las ideas de Mises y otros a su trabajo profesional. Este editorial, publicado originalmente el 20 de julio en The Financial Times aquí, ofrece una visión convincente de la «ironía de la mitigación del riesgo»...

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Why Europe’s Highly Regulated Power Market Is So Bad for Growth

In Europe, there is no competitive market for electrical power. And since power is an important factor of production, it also means the overall marketplace is wasteful, inefficient, and sluggish.  Original Article: “Why Europe’s Highly Regulated Power Market Is So Bad for Growth” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Powered by WPeMatico

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Private Investment Is the Answer to Declining Postindustrial Towns

My town, Tallassee, Alabama, is an old mill town. It straddles the Tallapoosa River, which is dammed at that point by the Thurlow Dam to generate electricity. On both sides of the river are the ruins of a massive complex of textile mills which employed a significant portion of the town’s population until 2005. In fact, the current mayor, Johnny Hammock, worked in the mills as a young man, and his father and grandfather also worked there. Today, the town is somewhat stagnant: some of the...

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Cuba: The Dictatorship and the “Blockade” Lie

Cuba is a dictatorship that uses terror and propaganda to repress its people. It locks citizens up, strips them of the most basic human rights, silences them, and confronts families using extortion and threats. The regime’s constant practices of illegal detention, the personal ruin of political dissidents, and limitation of fundamental rights have nothing to do with any blockade or embargo but everything to do with the totalitarian Communist dictatorship. All the propaganda that whitewashes...

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