Why the “Economy Is an Engine” Metaphor is So Wrong
The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.
Mises Wire
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In Eastern Europe and Russia, Reminders of Communist Horrors Are Everywhere
If a century of bloodshed, murder, vast prison systems, and starvation won’t convince the advocates of communism among American millennials, then perhaps nothing will.
Reparations vs. Property Rights
When opposing modern schemes for "reparations," libertarians are taking a moral position defending property rights — they're not just deferring to the status quo.
Federal Employees Have Higher Pay, More Job Security Than Private Sector
The incredible wealth of the DC region is yet another reason for shrinking the size and scope of the federal government.
Governments Default on Debt More than You Think
It's not really true that governments can always just print money to pay off their debts.
Why Fiscal Stimulus Doesn’t Create Real Economic Growth
Since the government is not a wealth generating entity, how can an increase in government outlays revive the economy?
New NAFTA Is Just Old Protectionism and Bad Economics
The new trade agreement will be simply an amalgamation of the old NAFTA, the previously rejected TPP, and some new protectionist measures.
“Scabs” Are the True Labor Day Heroes
The special legal status of unions is what harms workers. Not the so-called "scabs."
Will Cryptos Fulfill Hayek’s Vision of Private, De-Nationalized Money
With cryptocurrencies, currency competition in the spirit of Hayek has become possible even in the absence of self-limitation by governments.
