All Posts Tagged With: "legalized extortion"

Employee Free Choice and Top-Down Organizing

The good news is that American union membership in the private sector fell from 8.2 percent in 2003 to 7.9 percent of the labor force in 2004. (In 1900 the figure was 7 percent without any union-friendly legislation on the books.) Over the same time the market share of government-employee unions fell from 37.2 to [...]

1Jun2005 | Charles W. Baird | 0 comments | Continued

Lead Balloons

The scenario became clear about five years ago: neither the federal government nor the states could hope to raise taxes any further without a major revolt at the ballot box. At the same time, politicians hesitated to take any unpopular steps that might result in fiscal responsibility, especially at the national level. Numerous budget “caps” [...]

1Mar2002 | Larry Schweikart | 5 comments | Continued

Regulatory Extortion

Thomas DiLorenzo is a professor of economics at Loyola College in Baltimore, Maryland. This article is based on a presentation prepared for the Ludwig von Mises Institute’s conference, “Austrian Economics and the Financial Markets,” last September in Toronto. In 1978 Michael Jensen and William Meckling, writing in the Financial Analysts Journal, offered an extraordinarily gloomy [...]

1Mar2000 | Thomas J. DiLorenzo | 8 comments | Continued

Ignorance Is Bliss—Maybe

Not having experienced much of the past is a mixed blessing. What’s grotesque, shocking, and unheard of to older Americans might seem normal, perhaps just a bit curious, to younger Americans. For example, last year New Orleans Mayor Marc Morial brought suit against gun manufacturers to recover carnage costs in his city.

1Jul1999 | Walter E. Williams | 0 comments | Continued

Taxation by Other Means

Max Schulz is an adjunct scholar at the Frontiers of Freedom Institute. Congress’s latest abominable action in the name of tax relief—the tax and budget agreement—was born midst a debate over money. That is, the arguments about taxes, pro and con, focused solely on the money due to the federal government each April 15. This [...]

1Feb1998 | Max Schulz | 0 comments | Continued

Or Else . . .

Russell Madden is a communications instructor at Mt. Mercy College in Cedar Rapids, Iowa. Extortion has always been a favorite activity of governmental agencies. Ordinarily, threatening someone with harm unless he accedes to another’s demands is rightfully a crime. Whether the perpetrator is a neighbor seeking to use your lawn mower or an organized-crime thug [...]

1Dec1997 | Russell Madden | 0 comments | Continued
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