Governments that hamper entrepreneurship certainly damage it in the near term. But these measures destroy the conditions necessary for innovation and entrepreneurship in the future as well.
The last sixteen months of López Obrador's administration have been a show of incompetence, yet people continue to cling to the idea that the key to solving Mexico's problems is getting the "right people" in office.
After years of negative rates, Sweden's central bank moves toward positive rates again. But this is setting the stage for an economic bust.
The Federal Reserve's monumental mistake of cutting rates this past week can only be understood in the context of the rising God complex of central planners: an overwhelming combination of ignorance and arrogance.
What we observe today is a desperate fight against deflation. We know that this situation is unsustainable, but we do not know to which side the balloon will fall.
Rent control looks good in the short run, but over time it means less housing and higher real costs for most ordinary people.
Rose Wilder Lane was one of the past century's most ardent proponents of liberty. Give Me Liberty, which traces her evolution from communism to a devotion to liberty, is as relevant to the present as it was in 1936.
The departed Al Davis, who owned the Oakland Raiders, was famous for saying, “Just win, baby.” But now the team's philosophy is this: “Just raid the taxpayers, baby.”
If we insist on "collective" responsibility assigned to entire nations, then we must naturally punish the innocent along with the guilty.
Brazilian journalist André de Godoy interviews economist and Mises Institute scholar Antony Mueller on the nature of money, banking, and prices.
