Mises Wire

Myths about taxation are just one reason we need good economic reasoning now more than ever.

The Ex-Im Bank explained. 

Liquor stores and craft beer makers have joined forces to make sure that you, the consumer, will have fewer choices in where you buy your alcohol. 

If all interventionist laws were really to be observed they would soon lead to absurdity. All wheels would come to a halt because the strong arm of government comes too close. 

Many still maintain that the developing world is being exploited by free markets, and that the humane solution is more foreign aid. In fact, free markets are nowhere to be found in the developing world, and we find much poverty as a result.

May 29 marks the 99th birthday of Arthur Seldon, a prolific defender of freedom against government control.

Altruism has commonly been held up as the standard for moral behavior, with those claiming to see deviations from altruism commonly condemning the

Thanks in part to the California Drought, people are starting to realize that water is not  a limitless resource, and that not even all those government subsidies and graft will make it so. But rapper Jay-Z has not gotten the memo. The NYT reports.

Thanks to Per Bylund for organizing this excellent session

Economic populists have become skilled at causing economic calamities while escaping the blame. Instead, it’s the non-populists that end up picking up the pieces while getting the blame for the unemployment and wealth destruction that follows in the wake of populist economic policies.