Jeffrey Miron President Donald Trump has claimed his tariffs will raise enough revenue to allow for income tax cuts. Recent research, however, finds that even at optimal tariff rates, these…
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Jeffrey Miron Twenty-two states are scheduled to increase their minimum wage in 2026. Even though, overall, existing evidence suggests that minimum wage laws reduce employment, with the largest effects observed…
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Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes…
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Why does such a strong love of freedom appear both among towering intellects and among those of far more modest cognitive means?
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Jeffrey A. Singer Last September, I wrote about how New York City residents face the highest combined state and local excise taxes on cigarettes in the country, pushing the average…
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Mainstream economics and finance theories hold that markets immediately adjust to new information. While market prices do reflect available information, the Efficient Market Hypothesis (EMH) fails to explain the boom-bust…
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From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.
Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes…
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it with coercive government acts.
We now live in a fundamentally altered landscape where old certainties no longer confer fitness.