Trey Smith

Mises v. Hayek

An excellent article to check out is this Hans-Hermann Hoppe article in regards to the difference between Ludwig von Mises and F.A. Hayek. In the article Hoppe briefly discusses the popularity of Hayek over Mises, concluding that the difference is one of political philosophy.  Hayek was a social democrat.  Mises was a laissez-faire radical.  In …

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Consumption Tax?

Part of Gary Johnson’s tax reform plan is implementation of a national sales tax, what he calls a consumption tax, while he repeals all income tax. However, a national sales tax is an income tax which not only reduces consumption but also savings and investment. As Rothbard states on pages 1161-1162 in Man, Economy, and State …

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