Mises Institute
John Law

The Great Paper-Money Experiment

6 hours agoMises Daily Articles
By 1715, the manipulation of the currency, the increase in public debt, and the mismanagement of state finances had left France in poverty and chaos. Such was the state of affairs when John Law appeared in Paris.
Trump

The Biggest Lies of the Impeachment Saga

Blog9 hours ago

The latest impeachment saga simply confirms Thomas Paine’s adage: “The trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.” Score another victory for the Swamp.

The Omnipotent Power to Assassinate

Blog02/20/2021

How did the federal government acquire this omnipotent power? Certainly not by constitutional amendment. It acquired it by converting the federal government after World War II from a limited-government republic to a national security state.

Why Biden and Krugman Are Wrong about the $15 Minimum Wage

Blog02/19/2021

Let's take a sober and even-handed look at what economics and empirical studies have to say about minimum wage hikes. Krugman and Biden claim there's no evidence these hikes affect employment. But they are being misleading. 

Some Coloradans Want to Break Off and Join Wyoming. They Should at Least Get to Vote On It.

Blog02/19/2021

A state's borders should change over time to reflect demographic and ideological realities. By denying this, political leaders are effectively saying that the rights of minority populations don't matter.

Are There Any Limits to Natural Rights?

02/19/2021Friday Philosophy

Opponents of natural rights often claim that natural rights aren't real because these rights have no clear boundaries. They claim we need a state to set these limits. Rothbard demonstrated that this claim is weak at best.

The High Cost of Using the Minimum Wage as a Form of Welfare

Blog02/19/2021

Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes.

Prohibition's Repeal: What Made FDR Popular

02/18/2021Mises Daily Articles

As Mark Thornton has shown, the big legislative change that FDR made at the start of his presidency, the decision that affected every single American citizen from one coast to the other, was the repeal of the thirteen-year hell of Prohibition.

The Problem with the "Robber Baron" Narrative

We're now hearing many calls for more antitrust legislation applied to Big Tech because these firms are allegedly monopolies. But old-fashioned antitrust was a disaster, as will be new efforts against tech companies. 

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