Big Government

Confronted with something new and inventive, the left reacts with fear and condemnation, opposing Uber, the sharing economy behind it, and the benefits they bring to low-income entrepreneurs everywhere.

True welfare and value can only be achieved through exchange when it is fully voluntary.

True welfare and value can only be achieved through exchange when it is fully voluntary. When the state intervenes to "improve" trade, it destroys value, all the government stats notwithstanding.

One of Ludwig von Mises's most important works is now available as a free Mises Institute audio book.

Designed to redress the wrongs of the major injustice of slavery, the Fourteenth Amendment is now used by the federal courts to micromanage nearly every aspect of modern life. Strangely, many libertarians continue to support the amendment in spite of this.

Many look to socialize health care as a way to reduce costs, but the only way to increase supply and reduce costs is for government to stop subsidizing health care while limiting its supply.

Reducing government spending results in an immediate increase in welfare for all productive members of the economy. But, the way we calculate economic growth is rigged to make it look like more government spending fuels economic growth. 

The supply side matters. Fernández-Villaverde and Ohanian point out, “In short, incentives to hire, invest and start new businesses need to be a priority, lest the sclerotic U.S. economic growth of the past six years returns and, as in Europe, becomes a permanent condition.”

Mises Daily Monday by Matt Battaglioli.

Those who voted for the omnibus to avoid a shutdown fail to grasp that the consequences of blindly expanding government are far worse than the cons