Political Theory

Libertarians should celebrate the death of the myth of democratic consensus.

The United States is notable for incarcerating a very large portion of its population compared to other countries. Surprisingly, this may increase homicide rates and lead to enclaves of ex-cons which would help explain why so many homicide victims have criminal records.

Recorded at the Mises Circle in Houston, Texas, on 30 January 2016.

Recorded at the Mises Circle in Houston, Texas, on 30 January 2016.

Recorded at the Mises Circle in Houston, Texas, on 30 January 2016.

After a week of jittery markets, join us LIVE online Saturday for our Mises Circle in Houston, where we'll discuss where the world is headed in 2016.

Ludwig von Mises understood that, when it comes to the movement of capital and labor across the borders of nation-states, only the ideology of freedom and free markets can lead to peaceful and fruitful collaboration between states and societies.

The global economy continues to wrestle with deflation, with

For some people, there's nothing that can’t be improved by a big dose of government regulation. Now, even the virtual economies of video games are being targeted as the next frontier in labor laws, price controls, and more.

Populism was in the air this week as ranchers in the Western US opposed the spread of federally-owned lands, and reformers in Switzerland look to a referendum on fractional reserve banking.