Tag Archives: 6b) Mises.org

In Costa Rica, and in most Latin American countries (Brazil, Argentina, Mexico, Colombia, etc.) the aguinaldo—a legally-mandated Christmas bonus—is an acquired labor right and is meant to provide workers with additional financial security. Unlike discretionary year-end bonuses in the United States, this one is an obligatory payment enforced by Costa Rican labor law.Employers are required to pay an amount equivalent to one month’s salary at the end of each year,...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

On Sunday, news broke that President Joe Biden has authorized Ukraine to use long-range American missiles to strike deeper into Russian territory. After the US gave Ukraine the greenlight to strike targets on the Russian side of the border earlier this year, the Ukrainian government and its biggest cheerleaders in Washington have been pressuring the president to support longer-range strikes—especially after Ukraine launched its invasion of Russia’s Kursk region....

When reality hit the Democratic Party and its ruling-class allies the day after the election, one Democrat must have been relieved: California governor Gavin Newsom. The Kamala Harris loss not only ends her political career—at least at the presidential level—but also clears the way for Newsom to pursue the White House himself.A Harris victory would have delayed Newsom’s quest for eight years, but now he can start laying the groundwork now for a run in 2028. Newsom...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

In a recent statement, French Minister of Energy Olga Givernet expressed her frustration, declaring, “I am ready to take strong action on compulsory measures,” signaling the government’s intent to impose stricter regulations on companies for not transitioning to greener vehicle fleets quickly enough. This push for adopting electric vehicles (EVs) is part of a larger agenda to reduce carbon emissions and promote sustainability in France and Europe. The French Minister...

One of the most encouraging and promising things President-elect Trump said in his post-election acceptance speech was, “I’m not going to start a war. I’m going to stop wars…” We all understand that campaign promises often have a short shelf life after the election is over, but the Trump campaign’s repeated talk of peace over war at least demonstrates that he finds it a winning point to make to American voters.Will that talk of peace turn into action in the second...

President-elect Donald Trump based much of his campaign on promises to crack down on immigration and carry out mass deportations.Politically, this was likely a winning issue for Trump after social media exposed millions of Americans to countless reports and videos of foreign nationals getting free cash, free housing, food allowances, and overall special treatment at taxpayer expense. Meanwhile, actual taxpaying Americans endured inflation-fueled price hikes and a...

In considering the outcome of the recent elections in the United States, the question arises as to whether we can now expect to see the end of diversity, equity, and inclusion schemes which were beloved of the Biden administration. As we await the new administration, it is timely to evaluate the challenges facing those seeking to uproot the DEI industry. A key point to highlight is that the roots of this industry run too deep to be supplanted simply by closing down...

Popular understandings of economics often attempt to incorporate the methodology of natural sciences as the supposed key to economics. Some economic experts are of the view that the methods employed by the natural sciences, such as advanced mathematics, are important tools for the assessments of historical data to establish the state of an economy. It is also believed that the knowledge secured from the assessment of the empirical data is likely to be tentative since...