Power & Market

If we compare the federal government's debt load to its income (i.e., tax receipts) the debt load is bigger than its ever been.

Spending has gone up relentlessly since Republicans gained control of both the White House in Congress in 2016. The Democratic takeover of the House has, not surprisingly, done nothing to stop the spending juggernaut.

The reason property rights have to be in place is scarcity. If the world was a utopia without any scarcity, private property would not be necessary.

Last week, the facade of Federal Reserve “independence” was dealt a severe blow. Ironically, the person who broadcast to the world that the Fed is anything but “independent” was ex-New York Fed President Bill Dudley.

While Americans contemplated Jeffrey Epstein’s demise, Chinese authorities had more pressing matters as the country’s third bank was bailed out lat

Mises Institute Fellow Matthew McCaffrey's recent paper on self-regulation in the video game industry is now available as a case study from the Harvard Business Review.

Today is the birthday of Hans Hoppe, an outstanding libertarian theorist.

One reason Congress keeps throwing money at the F-35: There are 1,400 subcontractors for the F-35 program, spread out over 307 congressional districts in 45 States.

Last week, the Business Roundtable launched a major attack on property rights, the bedrock of capitalism.

Attempts by modern "free bankers" to explain away the myriad examples of government privilege and intervention in the Scottish case is starting to sound like a no true Scotsman fallacy.