Abolitionists in the late 18th Century and the early 19th Century called for the abolition of the slave trade and slavery.
According to Robert Murphy, in the early 21st Century, there are a lot more things that need to be abolished. Today at Mises.org, Murphy calls for the abolition of the following:
The personal income tax
The corporate income tax
The IRS building
The Strategic Petroleum Reserve
The Drug Enforcement Agency
The Securities and Exchange Commission
The Department of Education
Stimulus Packages
Bailout Packages
The minimum wage
He concludes by telling us that "the above steps are incomplete."
It's clear that if Barack Obama was serious about having differing views on how to approach the economy, Robert Murphy would have to be in the White House at the economic planning table. The original abolitionist movement played a significant role in paving the way for a black man to gain liberty and to ultimately become president of the United States. Wouldn't it be great if President Obama took that abolitionist spirit and freed the economy from the weight of modern day oppression?
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