Mises Institute

In Defense Of Trump's Deal With Carrier

While some have described Trump's approach as crony capitalism, if the terms of the deal really are limited to tax relief, such claims are baseless. While it is true that tax breaks for specific companies are less ideal than across-the-board cuts (or outright abolishment) of business taxes, they should not be confused with taxpayer subsidies. The underlying deal seems to reflect a larger commitment to addressing the corporate tax and regulatory burdens that have long held back the American economy.

The Bureaucracy Is Now More Powerful Than Congress

Who creates federal laws? Civics books say it is Congress, but the real answer today may be the executive branch. A recent report showed that the 229 major regulations issued since 2009 added over $100 billion in annual costs (according to the regulatory agencies), $22 billion coming in 2015. With estimates of the total regulatory costs now exceeding income tax burdens at over $2 trillion annually, regulations were far more burdensome for many Americans than legislation.

How Inflation Ruined A Chocolate Bar

"Wouldn’t it be great if Toblerone turned this incident into a teaching moment for its devoted customers? If it used its social media channels to remind them of the virtues of hard money and the costs of fiat money? If it helped Toblerone aficionados see the relationship between gaps in their candy to mainstream monetary fads that help bring them about?"

Wealthy Fashion Designers Refuse Service To Melania Trump

Prominent fashion designers are refusing to serve Melania Trump because they do not want to appear as though they endorse her husband’s behavior. They should have the right to make that decision free from threats of lawsuits and public harassment. In just the same way, religious photographers and bakers should have the right to politely refuse to endorse the practice of gay weddings.

'Austrians' At The Fed?

Most financial journalists are not good, and in fact are wedded to a pro-Fed, pro-state ideology that subconsciously permeates everything they write. They are hopelessly unobjective, the naive products of their education and training. The world needs real diversity of thought and opinion, not the fake kind being discussed at the Fed.

The Fallacies Of Bernie Sanders

"If one places side-by-side the programs of Bernie Sanders and Ron Paul, one sees the difference between a false prophet, peddling his siren song of socialism, and a wise and far-seeing statesman."

The Great Thanksgiving Hoax (Or How The Pilgrims Ended Socialism 400 Years Ago)

Each year at this time, schoolchildren all over America are taught the official Thanksgiving story, and newspapers, radio, TV, and magazines devote vast amounts of time and space to it. It is all very colorful and fascinating. It is also very deceiving. This official story is nothing like what really happened. It is a fairy tale, a whitewashed and sanitized collection of half-truths which divert attention away from Thanksgiving's real meaning.

Let's Expand The Electoral College

In response to this centralization of political power, the electoral college should be expanded to function as a veto on legislation, executive orders, and Supreme Court rulings.

How FDR Politicized Thanksgiving

On this Thanksgiving, no matter how hard it may be to avoid getting into a heated political with friends and family, be thankful that at least the holiday itself is no longer marred by partisanship. After all, holidays should always be about time enjoyed with loved ones, far beyond the machinations of government tyrants.

State Regulators Deny The Homeless A Free Meal

The holiday season is officially upon us, which means Americans will soon be feeling extra charitable. However, while random acts of kindness and helping those in need are as intertwined with the holiday season as colorful lights and gift giving, the government has chimed in to remind us that charitable efforts must be first be approved by the state.

Prohibition And The Socialist Ideal

Freedom really means the freedom to make mistakes. Under the capitalistic system the ultimate bosses are the consumers. The sovereign is not the state, it is the people. And the proof that they are the sovereign is borne out by the fact that they have the right to be foolish.

Is Marine Le Pen The French Donald Trump?

The differences between Trumpism and the French far right are not in themselves handicaps for the French but rather adaptations to different environments. The only thing that could be a prejudice for the National Front is that it might already be too mainstream. The future is uncertain. Marine Le Pen has a long way to go before she can become the French Donald Trump.