Mises Wire

Anthony de Jasay, an important  free market  economist and political philosopher passed away on January 23.

Only one company is still writing workman's comp policies for the NFL. Insurers fear Chronic Traumatic Encephalopathy (CTE) may be the new asbestos, with lawsuits extending into the distant future.

All economic and political systems involve competition over scarce resources. So it's wrong to say competition is the distinguishing characteristic of capitalism.

The rise of interest in free market economics has come from outside academia and Economics in One Lesson has been a great part of this awareness.

Back in 1998, I was working in the filthy world of trade.

The shutdown is an example of how the government cannot be counted on to deliver on its promises.

Spending $12 billion per day is not a shutdown. Spending 7% less than you spent last year is not a shutdown.

Government spending doesn't create wealth. It destroys wealth.

Many modern scientists simply follow in the footsteps of Jacques Cousteau who once opined that “world population must be stabilized and to do that we must eliminate 350,000 people per day.”

The core problems protested by the "Yellow Vests" are largely of an economic nature, while they also targeted the political class that is widely seen as being out of touch with reality.