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Seattle’s Minimum Wage Supporters Continue To Ignore The Facts

Seattle’s Minimum Wage Supporters Continue To Ignore The Facts
Authored by Andrew Syrios via The Mises Institute, In what has become a running joke amongst those skeptical of the claim that minimum wage increases have no effect on unemployment, a recent report by the Employment Policies Institute showed that 174 of the 184 co-sponsors of a bill to raise the federal minimum wage to $15 an hour hired unpaid... Read More

The Case for Privatizing the North Dakota State Mill & Elevator

The Case for Privatizing the North Dakota State Mill & Elevator
North Dakota State Mill I believe one of the biggest flaws in culture today is the acceptance of the default position of “let the government take care of ____.” I beg the question, why is the default position “letting politicians have a say in everything?” Better yet, why is this default position acceptable? Hence, the thesis of this article. Privatize the North... Read More

Give Thanksgiving to Economic Coordination

Give Thanksgiving to Economic Coordination
Politically Incorrect Thanksgiving Deliberately or ignorantly, the approved textbooks for the youth paint a falsly joyful version of Thanksgiving. The truth? Famine, death, thievery, and corruption. When the Pilgrims arrived at Plymouth, over half died the first winter (1621). The economic structure of Plymouth was collectivized; it was communism. For example, private property was outlawed and the food supply was... Read More

ND Insurance Department, a Socialist Institution

ND Insurance Department, a Socialist Institution
Price Controls Every socialist system establishes and enforces price control policies. We are seeing the consequences of socialism all around us. The price control regime and hyperinflation imposed over the Venezuelan economy is quite evident. As a result, hundreds of thousands of people are separated from basic and essential goods/services. Why is that? The law of supply and demand. Socialism is... Read More

Why Don’t You Move to Somalia? – Where the Left and Right Meet

Why Don’t You Move to Somalia? – Where the Left and Right Meet
Somalia, libertarian utopia Somalia accordingly is a hotbed of libertarianism. This has to be by far the most annoying and thoughtless response that Austrians and Libertarians get. Like every totalitarian or socialist regime promoting the latest “public good” become objects of national pride. This idolization’s performed with ease for regimes controlling education, TV/Radio airwaves, print media, banking and finance industries.... Read More

A Critique of Bernie Sanders

A Critique of Bernie Sanders
Bernie Sanders is seeking the Democratic nomination for President of the United States and has struck a nerve across America. He has done so by talking about a rigged economy, income inequality, Wall Street greed, and a broken political system. Bernie says the wealthy elite in America have ruined the political system and have created a government that doesn’t work... Read More

License to ILL

License to ILL
State “Capitalism,” License for Robber Barons One of the major fallacious charges against capitalism is that of the dreadful monopolists. These claims backed with skewed historical accounts or no accounts; sophomoric emotion also accompanies false economic theory. The rise of these so-called Monopolists are apparently the consequences of free competition and private property; these two abhorrent (sic) mechanisms are working together resulting... Read More

Eliminate the Sovietized US Healthcare

Eliminate the Sovietized US Healthcare
Eliminate Healthcare Subsidies The subsidizing of the irresponsible and unhealthy actors in a market by responsible and healthy actors creates not only an income redistribution system but also a perpetuation of rising prices. Healthcare subsidies such as Medicare, Medicaid, and Obamacare are unsustainable. These welfare programs are unpayable. They also share the same characteristics of the nature of all subsidies;... Read More