Categories
Economics

Governments Give Migrants a Disastrous Mix of Social Welfare and Bureaucracy

Justin Murray | Mises Institute On August 27, 2015, seventy-one refugees were discovered suffocated in an abandoned, locked transport truck in Austria just across the border with Hungary. These individuals, reported as refugees fleeing from the civil war in Syria, made a trek of over 1,000 miles. This is just a long string in the […]

Categories
Economics

Vote with Your Feet: Free States Are Happier and Richer

The greater the economic freedom, the wealthier and happier the people. From minimum-wage laws to higher progressive taxation to greater unionization to larger welfare programs to more regulation, left liberals demand a stronger and more economically active central government. Advocates of laissez-faire, on the other hand, favor smaller government, less regulation, lower taxes, and greater […]

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Geopolitical

Will the migrants integrate? Danish Research: Syrians least likely to get a job, Muslim Refugees “most criminal”

by NICOLAI SENNELS | 10NEWS.DK Some “experts” and pro-immigration politicians – like the UN chief of Migration (who is also chairman at Goldman-Sachs bank…) claim that the influx of Syrian refugees and migrants from the Muslim world will benefit European economy. That is a very bold statement when you look at the statistics. First this […]

Categories
Economics

The Economics of Bernie Sanders

William L. Anderson | MISES As the political campaign of Hillary Clinton continues to run aground, Democrats are flocking to the campaign of Bernie Sanders, the self-described “socialist” US senator from Vermont, who has been a fixture in that state for more than three decades. Not unlike the presidential campaign of Ron Paul, Sanders is […]

Categories
Economics

Guns, Drugs, and Booze: The Bipartisan Support for Prohibition

Andrew Syrios | MISES It’s been noticed more than a few times that there aren’t many substantive differences between the Republicans and Democrats. While this is true in many ways for the parties themselves, the Left and Right certainly differ on a range of issues from welfare to abortion to gay rights. What they have […]

Categories
Politics

How Much Does Your State Collect in Excise Taxes Per Capita?

State and local governments depend on many different types of taxes, one of which is known as an excise tax. Like general sales taxes, excise taxes are paid on the purchase of an item. But unlike sales taxes, excise taxes are collected on specific types of transactions, not a wide range of general goods. Some […]

Categories
Energy and Environment

Clean Energy Credits Mostly Benefit the Wealthy, New Study Shows

Scott Greenberg | Tax Foundation Every public policy benefits some people more than others – and energy policy is no exception. A new paper from Severin Borenstein and Lucas Davis, two professors at UC Berkeley, examines which taxpayers benefit most from tax credits for clean energy: “Since 2006, U.S. households have received more than $18 billion […]

Categories
Politics

Can the States Seize Control of Federal Lands?

Ryan McMaken | Mises The term “Sagebrush Rebellion” is again showing up in newspapers across the American west as states seek more control over federal lands within their own boundaries. As with the original Sagebrush Rebellion of the 1970s and 1980s, several western states, where the federal government owns well over one-third of land within […]

Categories
Politics

John Oliver Set Up His Own “Church” to Make a Point about the Tax Code

Scott Greenberg | Tax Foundation “Praise be to the IRS, that most permissive of government agencies,” is a phrase that presumably had never been uttered by anyone – until last Sunday night, when television comedian John Oliver delivered a twenty minute monologue about the tax status of churches in the United States. Sunday’s episode of […]

Categories
Economics

Keeping the Bubble-Boom Going

Thorsten Polleit | Mises Institute The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period of virtually zero interest rates, a ramping up of borrowing costs will certainly have tremendous consequences. It will be like taking away the punch bowl on […]

Categories
Economics

When Nullification Works, and When it Doesn’t

Ryan McMaken | MISES Although leftists often like to condemn nullification as right-wing kookery, the left is quite good at employing the tactic. Certainly, the most successful nullification trend going on right now is in state refusals to enforce federal drug laws. Four states (Colorado, Washington, Oregon, and Alaska) have all unilaterally declared recreational marijuana […]

Categories
Economics

How Keynes Almost Prevented the Keynesian Revolution

Mark Tovey | MISES October 30, 1929. A brisk autumn’s day in Manhattan. The Savoy-Plaza Hotel’s thirty-three stories cast a long shadow over Central Park. At the base of the hotel a financier lies freshly fallen, motionless, while his last breath, wrenched from the lungs by force of impact, is now a red mist of […]