The Free Market 15, no. 11 (November 1997) Employees at the Environmental Protection Agency presume to protect us from all sorts of supposed evils. But in doing so, no bureaucrats, save the tax collectors, are more vicious in their trampling of property rights. For example, they have made life miserable for people who own auto salvage and parts
When President Barack Obama wanted to curtail carbon dioxide emissions, he instructed his economic advisors to construct a way to calculate the emissions’ effect on society. The metric thus adopted by the EPA is called the “social cost of carbon” (SCC). Right from the start we should note an important distinction: Carbon is an element; carbon
Cuando el presidente Barack Obama quiso recortar las emisiones de dióxido de carbono, pidió a sus asesores económicos que idearan una manera de calcular el efecto de dichas emisiones sobre la sociedad. La métrica así adoptada por la EPA se llamó “coste social del carbono” (SCC, por sus siglas en inglés). Desde el principio, deberíamos advertir una
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. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.