Last year, British entrepreneur Mike Watts made headlines when he opened England’s first private toll road in more than a hundred years. The road has now been closed, but its brief history provides a sad (and all-too-typical) example of how government sabotages entrepreneurs and hurts their customers.
One of Ludwig von Mises's most important works is now available as a free Mises Institute audio book.
Our friend Robert Bradley recently took a look back 25 years ago when the New York Times still had some scientific backbone.
The supply side matters. Fernández-Villaverde and Ohanian point out, “In short, incentives to hire, invest and start new businesses need to be a priority, lest the sclerotic U.S. economic growth of the past six years returns and, as in Europe, becomes a permanent condition.”
Mises Daily Thursday by Dale Steinreich.
The Economic Crash that Cured Itself: A Conversation with James Grant about the Depression of 1921.
Shocking health care expenditure: US vs. the rest of world.
The Velvet Revolution, during which the people of Czechoslovakia revolted against their communist masters, turns twenty-five years old this month. Many people from formerly-communist economies have learned much from the experience, even if many in the West have not.
In an effort to open up its economy, a leading merchant in Plymouth Colony led an effort to grant full religious liberty in the colony. But the old ruling oligarchs intervened and blocked the measure's approval.
There is no use talking about a return to a gold standard until the US has abolished the deficit in the federal budget and kept it balanced for a couple of years.
