Mises Wire

The USDA helps politically connected interest groups crush the competition.

National income statistics are becoming meaningless, not because of globalization, tax avoidance, or technology, but by their exultation by economists.

In a free-market healthcare system, doctors would join together to form large firms to offer the benefits of specialization and economies of scale.

Helicopter money is not some kind of new wrinkle in monetary policy. It is an old-as-the-hills way to monetize the public debt.

It is time to admit that the Broken Windows theory has failed and the answer lies in limiting police powers, not in expanding them.

The Paris-Berlin axis faces a new banking crisis and a weakening Southern Europe while Brexit inflames EU opposition across Europe.

Because policing is heavily subsidized by taxpayers, people call the police far more than they would otherwise.

Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.

Many encounters will police escalate to the point of violence because the list of criminal offenses is so long, and the penalties are so draconian.

Private policing isn't some fantasy, and it isn't just a luxury enjoyed by the rich.