Moral Hazard: Kenneth Arrow vs. Frank Knight and the Austrians
Rather than impartial referees reducing moral hazard, governments are its most common cause.
Mises Wire
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By Itself, a Chinese Sell-Off in US Debt Won’t Imperil the Dollar
The Federal Reserve has a lot more to do with the strength of the dollar than the Chinese state.
We Shouldn’t Have to Ask the State’s Permission to Work
Wouldn’t it be great if there was a magic bullet that would simultaneously raise wages and employment while also lowering prices for consumers?
Which US States Are the “Moocher” States?
There's more than one way to show which states consume the most federal spending.
Brexit Might Pave the Way for an Independent Scotland
As with the UK and the EU, predictions of post-secession economic doom should be ignored.
Stringham: America Has a Prosecution Problem
In today's Wall Street Journal, Edward Stringham reviews Locked In by John F. Pfaff.
Mises Contra Marx
Mises, more forcefully than any other critic, penetrates to the essence of Marx's fallacious view.
7 Steps Toward a More Sensible Foreign Policy
A policy of non-intervention and free trade can move us a long way toward a more peaceful international order.
