Think Like an Austrian: Puzzle #18
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The Cato Institute recently published the latest edition of its ranking of personal, economic, and overall freedom in the states.
Winning submissions will be included in a symposium, and get a $2000 honorarium.
Don’t count on that promise to not hike taxes on “people making less than $400,000.”
This progress has been widely shared, to the great benefit of the people at the bottom of the distribution.
The average working woman in 2023 earns enough money to buy a Barbie doll every 33 minutes. In 1959, it took nearly two hours.
"Government in general does a lot of things that aren't necessary," says Jared Polis.
It has many good points. But I have some reservations and questions.
So the Indiana Supreme Court held yesterday, though it concluded that, as to abortion, this is limited to situations where the abortion is necessary to protect the woman's life or health.
The court so holds applying the Georgia Constitution's Due Process Clause, which the court had long interpreted as securing a right to pursue a lawful occupation.
Whether the putative target is the "biomedical security state," wokeness, "Big Tech censors," or Chinese Communists, the presidential candidate’s grandstanding poses a clear threat to individual rights.
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
To address an "unpaid debt bubble," the proposed law would dictate contract terms and require regulators to intervene in commercial disputes.
Overall human freedom peaked in 2007, according to the Cato Institute, and governments' COVID response merely exacerbated the trend toward a radically less-free planet.
Coinbase says the agency's assault will "only drive innovation, jobs, and the entire industry overseas."
Plus: Another campus free speech debacle, foreign cheese groups lose Gruyere trademark case, and more...
Uncle Sam's own workers owe $1.5 billion, and growing, in unpaid taxes.
"It's very easy for politicians to legislate freedom away," says Northwood University's Kristin Tokarev. "But it's incredibly hard to get back."
"It's not about money or jobs or fiscal conservatism," one CPAC attendee told Reason.
Chair Lina Khan has flouted the rule of law and due process, Commissioner Christine Wilson wrote.
Economists Lawrence H. White and Frederic Mishkin debate whether the Federal Reserve should be replaced with free market institutions.
The response is part of the Balkinization blog symposium on his book " Burning Down the House: How Libertarian Philosophy Was Corrupted by Delusion and Greed," in which I was among the participants.
Joe Biden adopted his predecessor’s protectionism, threatening our peace and prosperity.
Newspapers deserve a great deal of credit for the expansion of freedom over the past 200 years. But the media have lost credibility.
We’re likely to be poorer, distrustful, and less free for years to come.
The decision may be in accordance with Supreme Court precedent. But if so, it underscores that precedent's flaws.
If Newsom wants to pick a fight with Florida Gov. Ron DeSantis, he should try a different topic.
Even socialist kibbutzniks can come to appreciate the benefits of markets when given a chance to directly compare them to socialism.
The article is now up on SSRN. It explains how migration restrictions have massive negative effects on both "negative" and "positive" economic liberty of residents of destination countries.
America can join with more free trade or it can miss out.
Millions of lower-income or unbanked people are more likely to use cryptocurrency as a payment method.
Unfortunately, an automatic crypto purchase made with after-tax earnings won't lower your taxable income.
The Department of Labor and Sen. Elizabeth Warren have strong opinions about Fidelity’s new 401K option
Azael Sepulveda is suing the city of Pasadena, Texas over its requirement that his autobody shop add 23 parking spaces he insists he doesn't need and can't afford.
It explains how immigration restrictions massively diminish both the "negative" and "positive" economic liberty of natives of receiving countries.
"My servers are not lesser people," said owner Eric Flannery. "They don't need to be masked. They don't carry disease."
“[T]he great deference due state economic regulation does not demand judicial blindness to the history of a challenged rule or the context of its adoption nor does it require courts to accept nonsensical explanations for regulation.”
"We want to attract international entrepreneurs and investors and become a financial center for the country and region."
Neither politician is willing to tolerate deviation from the one business policy he thinks is best.
"Government should be very small. It should just regulate the minimum."
Plus: You can't FOIA politicians' browser histories, Pentagon compels commercial airlines to evacuate Afghan refugees, and more...
Gov. Greg Abbott's position on private vaccination requirements is confused and confusing.
Jigisha Modi can't hire her own mother-in-law—who has decades of eyebrow-threading experience—because of Kansas' occupational licensing rules. Now she's suing.
Trump's critics fault him for fomenting division. The left's efforts to drive people of faith from the public square are making the problem worse.
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