Mises Wire

Even with falling interest rates and high liquidity, there have been spectacular bankruptcies, so imagine what can happen when rates rise.

What America is facing are the illogical trade policies of an economically illiterate president in the White House. 

Special powers to inflate the money supply — granted by the state — make banking unlike other private industries. 

Widespread physician pushing of opioids — combined with government regulations — have increased the most unsafe uses of opioids. 

Throughout US history, government agents have often discarded "pure" property rights in favor of "development." 

Defenders of police incompetence are falling back on the claim that they are above criticism because they are the "experts."

Employers that rely on aluminum and steel will now have to pay more for those resources, meaning workers will see lower wages and less hiring. 

In explaining the flood of funding headed toward weapons contractors, one defense analyst noted that “diplomacy is out; air strikes are in."

The verdict of sound economics is universal. Tariffs cripple economies, reduce the standard of living, and pit some groups against others.

For Shakespeare, the story of the Roman Republic is a tragedy. Like one of its heroes, the Republic was eventually destroyed by its own success.