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The Deception behind Government Licensing Laws

Blog5 hours ago

How much licensing requirements are designed to “protect” the health of the public, and how much to restrict competition, may be gauged from the fact that giving medical advice free without a license is rarely a legal offense. Only the sale of medical advice requires a license.

cali

California's Anti-Self-Employment Law Is Already Crushing Freelancers

Blog8 hours ago

State lawmakers possess an infinite source of good intentions. Wielding the power of this limitless benevolence and munificence, politicians are regulating the lives of citizens while eviscerating their existence in the process.

What Free Market Money Would Look Like

Monetary affairs have always been subject to government intervention of one kind or another, but there is no reason money could not be produced and regulated in a free marketplace.

Death to Prohibition

Blog01/17/2020

The repeated failure of prohibition may be just the catalyst that Austrian economics needs to gain traction with the American public.

Luck and Taxes

Blog01/17/2020

Some argue that someone’s superior talent or success is itself the result of mere luck. That claim, and its relevance as a justification for redistribution, has generated much controversy.

The Bank of England's Governor Fears a Liquidity Trap

Blog01/17/2020

The demand for goods is not constrained by the amount of money, but by the production of goods and services available to trade for money.

Working around Leviathan

01/16/2020Mises Daily Articles

It's a paradox: never before has a government in human history assumed unto itself the power to regulate the minutiae of daily life as much as this one.  At the same time the United States is overall the wealthiest society in the history of the world.

A Limited-Government Republic versus a National-Security State

Blog01/16/2020

What is a national-security state? It is a totalitarian-like governmental structure that consists of an enormous military-intelligence establishment with extraordinary powers, such as indefinite detention, torture, secret surveillance, and even assassination of both citizens and foreigners.

What Will It Take to Get the Public to Embrace Sound Money?

Blog01/16/2020

If the small sample size of monetary history is any guide, the combination of asset market crashes and high goods inflation empowers sound money forces in the political arena. At the moment, neither of those factors are in play.

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