Laissez Faire Links

By Jeremiah Dow | Stories for free minds covering free markets.

To Be A Happy Person, Understand Marginal Utility

I’m at dinner and the hostess serves me pie for dessert. I gobble it up. Then the hostess says, “Would you like another piece?”<p>I politely decline.<p>In …

The Top Three Arguments against a Universal Basic Income

Every so often a new study is released, concluding that a universal basic income (UBI) is needed to fix this country’s welfare system. Most recently, …

Socializing Through Single-Payer Will Lead To Rationing And Bankruptcy

With the Senate’s failure to pass legislation to repeal and replace the Affordable Care Act, the future of Obamacare and, more broadly, the crumbling …

Tax Withholding Is Miracle-Grow for Government

Americans don’t like the tax system, but they don’t dislike it nearly as much as they should. For those of us who want to scrap the tax system, this …

Economics

Unlicensed Pet Sitters: The Latest Victim of New York's Regulatory State

By: Dave Albin <br>The New York City Health Department wants to ensure that pet sitters are licensed, and has warned a popular internet-based pet sitter …

Austrian Economics

My Name Is...No

The etiquette of information sharing in the age of social media has dramatically changed in the last decade. Maybe you have noticed.<p>Most anyone under …

Meghan Trainor

Don’t Let Politics Smash Your Ideals

The point of discovering the ideas of liberty is fully to realize what liberty (not the state) can do to give us, our families, and communities, …

Economics

Current National U.S. Debt - Approaching $20,000,000,000,000 - Updated: Now over 20T

<i>Updated:</i><p>The federal debt officially surpassed $20 trillion for the first time on September 8th, as the debt subject to the legal limit set by …

Monopoly Money Should Give Way to Choice in Currency

As a result of the growth of the modern welfare state, America and the other major Western countries of the world have become, in the words of Nobel …

Economics

Any of These 3 Bubbles Could Be about to Burst

Moral hazard, easy money, and cheap credit have never produced good results. History is littered with examples of financial disaster brought about by …

Economy

From communism to capitalism: How Christmas gift-giving has changed in Poland

Poles who grew up during the communist era love to tell their children and grandchildren that as kids, they would be satisfied with a simple orange under the Christmas tree.<p>This is, in part, an admonition against expecting a bountiful haul of presents, but it’s also an expression of nostalgia for …

Christmas

George Selgin on central banking. Full talk from Objectivist Summer Conferenc...

Portland city council passes tax on CEOs who earn 100 times more than staff

Revenue from the new tax, which seeks to address income inequality, is intended to be used to pay for programs for homeless people<p>The Portland, Oregon, city council has voted to pass a first-of-its-kind measure that would levy a tax on public companies whose CEO-to-workers pay ratio is more than …

Equality

Self-Discipline Must Be Selfish

Today’s the day. The day you get serious about your work, your studies, your finances, your health, your life. Commence adulting.<p>The work, the …

Economics

One Senator Saw the Problem with the Fed before It Was Created

If I haven't been posting much lately, it's because I'm working on a paper about the 1908-12 National Monetary Commission, and have been up to my …

Federal Reserve

7 Harsh Realities Of Life Millennials Need To Understand

The region is proud to be the home of successful brands such as Benetton, De’Longhi, Geox and Luxottica. But it is the 40,000 small businesses that …

Gender

Did the Fed Really Say they Could Buy Stocks?

The Fed told Congress it would buy stocks if Congress allowed it. This statement has caused a lot of people to scratch their heads. Will this cause …

Economy

America is NOT a Democracy (Leonard Peikoff)

The American system is not a democracy. It is a constitutional republic. A democracy, if you attach meaning to terms, is a system of unlimited …

Democracy
Criminal Justice
21st Century

Europe's 'unfair' Apple tax ruling sparks US anger

<b>There has been widespread criticism in the US of the European Commission's ruling that Apple should pay up to €13bn (£11bn) in back taxes.</b><p>The US Treasury said that such tax investigations were "unfair" and undermined the tax rules of individual states.<p>Charles Schumer, a senior Democrat senator, …

Brexit

No, Taxpayers Are Not Subsidizing Banker Bonuses

If I were to make a list of the most abused words in the English language, “subsidize” would almost certainly make my top 10.

Equality

"What Can One Do?" (OCON 2016)

YouTube

European Ruling against Apple and Ireland Vindicates Brexit

Taxation is bad enough: two consenting parties arrange a mutually-beneficial exchange, and an interloping third party demands a cut.<p>What compounded …

Brexit
Health Care

How Viennese Culture Shaped Austrian Economics

Schools of thought are frequently named after their country or place of origin. The Chicago School, the Frankfurt School, and the Scottish …

Austrian Economics

The Federal Reserve Has Created An Unprecedented Disaster For Pension Funds

<i>Submitted by Mike Krieger via Liberty Blitzkrieg blog,</i><b>When it comes to the Fed, Congress is mired in hypocrisy. The anti-regulation, de-regulation</b> …

Finance

The Fed may have given a sign that they're preparing for negative interest rates

I think it’s possible that the Fed will push rates below zero when the next recession arrives.I explained why a few months ago in my free weekly column, <i>Thoughts from the Frontline</i>, at Mauldin Economics.<p>In that regard, something important happened recently. And not many people noticed. I’ll do a …

Economy