This week, The Week ran an opinion piece by John Aziz which argues that America (and all other nations for that matter) should keep borrowing until investors no longer want to lend to them. To this end, it is argued, the US should scrap its debt ceiling because the only [...]
Deur Frédéric Bastiat (en Piet le Roux)
In 1845 het die groot Franse ekonoom, Frédéric Bastiat (1801-1850) ‘n beroemde petisie aan die Franse regering geskryf, waarin hy ‘n handelsboikot teen die son versoek het: die petisie van die kersmakers. Dit was ekonomiese satire op sy beste.
Bastiat het die argumente van die proteksioniste in die regering op ‘n [...]
By Jorg Guido Hulsmann
Today the ideas that Mises had painstakingly refuted have run their course. Inflationism, socialism, and statism have spelled misery, corruption, and chaos. Reading Mises enables us to understand this world, and it helps us to see the road that leads out of these quagmires.
By Gareth Brickman and Russell Lamberti
The US Federal government has been forced to shut down non-essential services and furlough around one third of its employees as of 1 October 2013. The partisan infighting in the US Congress means that once again it has failed to pass a formal annual budget, legally requiring a mass [...]
By Piet le Roux
Unemployment insurance in South Africa resembles insurance less and less and a welfare trap and a drain on the economy more and more. The Unemployment Insurance Fund thrives by taxing employment.
The Ludwig von Mises Institute South Africa defends the market economy, private property, sound money, and peaceful international relations. We believe government intervention is economically and socially destructive.
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