Mises Wire

Even if laws against slander and libel appear good in theory, in practice they are all too often used by the powerful to silence the weak. A respect for free speech demands defamation laws be kept very weak.

Those who are tasked with serving the public interest — but are protected by legal immunity — are well positioned to serve whatever interests they choose.

Brexit is an opportunity to reset economic, monetary, and trade policies. The implications of getting rid of the EU millstone go far beyond the leaving date of 31 October. 

Federal criminal prosecutions ought to be abolished and left to the states. But until that happens, abolishing the federal death penalty is a good place to start.

Last week Business Insider referenced a study to defend NYC's minimum wage law. Neither holds up well upon any sort of serious analysis.

The US dollar came to rule the world in the wake of two world wars. But back then, the dollar's hegemony was based on a solid foundation of savings and capital accumulation. But today, the dollar's growth is based on huge piles of debt.

If the world gets into a currency war — with the assault on wages and savings that devaluation entails — no one wins.

Jeff Deist reviews Michael Malice's The New Right in the forthcoming September/October issue of The Austrian.

Trump seems to want a smaller trade deficit, and increased net capital flows into the U.S. at the same time. But he can’t have both.

Given the way it's calculated, GDP can be driven up just as much by squandering wealth, as by building it up.