Laissez Faire Links

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

What part of ‘fair share’ doesn’t the Left understand?

Throughout the recent tax debate, we were treated to endless sanctimony from the Left on the need for “the rich” the pay their “fair share.” But how …

Income Inequality

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

Unfortunately, a welfare state by any other name is still a welfare state.<p>Every so often a new study is released, concluding that a universal basic …

Income Inequality

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 …

Health Care

Tax Withholding Is Miracle-Grow for Government

Withholding dramatically changed the psychology of paying taxes.<p>The internal revenue code is a reprehensible mess that torments taxpayers and …

Finance

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 …

My Name Is...No

Meghan Trainor's anthemic tribute to self ownership<p>The etiquette of information sharing in the age of social media has dramatically changed in the …

Social Media

Don’t Let Politics Smash Your Ideals

There can be no lasting victory without first building the infrastructure of freedom.<p>If any good was to come from the November 2016 election – a …

Political Science

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 …

Economics

Monopoly Money Should Give Way to Choice in Currency

How Western countries became "democracies in deficit."<p>For more than two hundred years, practically all of even the most thoroughgoing free market …

Economics

Any of These 3 Bubbles Could Be about to Burst

The US has seen an unhealthy growth of subprime credit in three markets.<p>Moral hazard, easy money, and cheap credit have never produced good results. …

Finance

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 Trees

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

George Selgin on central banking. Full talk from Objectivist Summer Conference 2015. http://bit.ly/2gR0jLP<p>The Destabilizing Consequences of Central …

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

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 100-1.<p>Portland to vote on taxing companies if CEO earns 100 times more than staff<p>Read more<p>The new tax, which seeks to address income …

Self-Discipline Must Be Selfish

Who's it all really for?<p>Today’s the day. The day you get serious about your work, your studies, your finances, your health, your life. Commence …

Slavery

A Prescient Critic of the Fed

One senator raised the alarm about the Fed<p>If I haven't been posting much lately, it's because I'm working on a paper about the 1908-12 National …

Federal Reserve

7 Harsh Realities Of Life Millennials Need To Understand

<b>Millennials.</b><p>They may not yet be the present, but they’re certainly the future. These young, uninitiated minds will someday soon become our …

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 …

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 …

Washington’s Wake-Up Call

Sky-high debt and dismal growth are testing Americans’ faith in democracy.<p>When I testified on Capitol Hill last week on the subject of the national debt, I found myself in the odd position of hoping our elected representatives would find my testimony of little value because it would strike them as …

Economics

Harmonize This, Eurocrats

The tax attack on Apple serves the EU’s dream of never having to change.<p>By<p>Holman W. Jenkins, Jr.<p>Everyone knows Europe feels bad because it can’t develop an Apple or Google or Facebook or Amazon. That’s why Europe has been fashioning multiple initiatives to punish American tech companies, including …

Income Tax

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, …

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.

"What Can One Do?" (OCON 2016)

European Ruling against Apple and Ireland Vindicates Brexit

The European Union has shown itself to be a compulsory tax cartel.<p>Taxation is bad enough: two consenting parties arrange a mutually-beneficial …

Great Britain

States Start to Approve Steep Increases in Health Premiums

Obama administration looks to ease consumer concerns about rising rates with analysis showing tax credits would blunt impact for some<p>WASHINGTON—The first handful of states have released approved 2017 rates for people who buy health insurance on their own and the results so far are consistent with …

Health Care

How Viennese Culture Shaped Austrian Economics

Austrian is nothing more than a shorthand for a school of economics that focuses on market process rather than outcomes.<p>Schools of thought are …

Ludwig von Mises

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> …