Mises Daily

Toby Baxendale argues that Austrian economics has its own contribution to make to the method of hedge funds.

In its current form Freddie Mac is a mercantilist company, and as such, it is not a good example of free enterprise, write Paul Cleveland and Michael Tucker.

Grant Nülle takes a close look at the new federal budget and finds only cosmetic changes from the past. It's guns, butter, and debt all over again.

As revolutionary as were the Founders of this country, writes Clifford Thies, they did not contemplate private sector mails. It was the telegraph that brought competition and forced the government to lower its rates. The postmaster then tried to nationalize it.

Since the turn to the 21st century, writes Antony Mueller, the factors that once supported dollar dominance have increasingly come under challenge. 

Let us grant that patents encourage innovation; Stephan Kinsella still wants to know: at what cost?

March 3rd marks the 185th anniversary of economist and philosopher Gustave de Molinari's birth in Belgium. He was the leading representative of the laissez-faire school of classical liberalism in France in the second half of the 19th century. 

With the Kyoto Treaty, writes Joseph Potts, government and science have found each other, and the spawn of this marriage look set to destroy global wealth on a scale that will render the greatest of history’s wars trivial by comparison.

Writes George Reisman: there is still time to abort this highly destructive program, which constitutes the largest increase in the welfare-state functions of our government since the administration of Lyndon Johnson in the 1960s.

The professors of tomorrow can either be free to think, research, write, and publish, without interference by the state or its proxies, or they risk becoming what Barzun calls commissars with PhDs.