Mises Explains The Santa Claus Principle
Authored by Ludwig von Mises via The Mises Institute, [From “The Exhaustion of the Reserve Fund” in Human Action, chap. 36.] The idea underlying all interventionist policies is that the higher income and wealth of the more affluent part of the population is a fund which can be freely used for the improvement of the conditions…
YouTube Attempts To Silence The Mises Institute
By Jeff Diest of the Mises Institute YouTube, the dominant video platform owned by Google, decided yesterday to remove a Mises Institute video. This decision apparently lasts for all eternity, cannot be appealed to an actual human, and comes with this friendly admonition: “Because it’s the first time, this is just a warning. If it happens again,…