Mises Wire

Trump Readies a New Pentagon Spending Binge

War and Foreign PolicyPolitical Theory

Blog8 hours ago
Politicians and bureaucrats have found in Trump a friend who can help fleece the taxpayers for a few trillion more in military spending.

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The US Navy: A History of Waste and Corruption

Taxes and SpendingU.S. HistoryWar and Foreign PolicyCalculation and Knowledge

Blog14 hours ago
When politicians play market without bearing the consequences, they create a network of economic privilege that begins with bribes and ends with bombs.

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Can Technology Prevent a Recession?

Booms and BustsMoney and BanksBusiness CyclesMoney and Banking

Blog22 hours ago
Technology doesn't tell us much about whether we're prone to a recession. The much larger issue is inflation-induced misallocation of resources.

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Free Trade versus "Free Trade"

Free MarketsInterventionism

Blog01/23/2017
To economists, free trade means absence of government interference with trade. To politicians, "free-trade" means a complex set of managed policies.

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The Bank of England and the ECB Have a Credibility Problem

Blog01/22/2017

The mainstream media in Europe and the UK are worried about economic shocks in 2017. We should all be worried.

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The DEA: A Good Place to Cut the Federal Budget

Legal SystemU.S. HistoryPolitical Theory

Blog01/22/2017
In the real world, repeated failure usually results in budget cuts. But that's not how things work with government agencies like the DEA.

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