Most government-mandated recycling makes no economic sense, but continues anyway. Recycling has given way to recyclingism, a government-sponsored ideology.
While Adam Smith is celebrated in some circles as the “Father of Free-Market Economics” (Austrians would disagree), his writings on the “disadvantages” of the worker are misleading.
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.