Ludwig von Mises Institute

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Austrian Economics and Interventionism in Japan

3 januari, 2014 - 07:00

Japan suffers the universal results of high taxation and the wide variety of social problems that follow. No longer is one income enough to make ends meet. Government regulations make it difficult for new industries to compete against the established giants and most industries behave like state-owned enterprises.

How the Drug War Makes Drugs Less Safe

2 januari, 2014 - 07:00

The legal incentives created by prohibition lead to artificially restricted production, decreasing the supply, and causing the price to skyrocket. Prohibition transforms users into criminals by making their drug use a large financial burden, enticing many to commit real crimes. All of this is a disaster for the addicts.