Legal System

While the Second Amendment is a formidable barrier, experience suggests a mixture of bureaucratic regulation and court rulings could significantly empower the gun-control lobby.

Böhm-Bawerk unerringly centered his analysis on basic problems in the theory of economic goods. It constitutes a dazzling achievement.

In the early years of the United States, legal systems were far more localized and flexible. But elites preferred consistency over flexibility, and the rich could afford the more bureaucratic legal institutions that ordinary people could not. 

Proponents claim that if the government just "cracks down" even harder, the drug problem will be solved. The reality in Mexico and the Philippines shows how wrong this idea is.

How the legal doctrine of prosecutorial immunity creates a “lemons” problem in criminal courts through moral hazard.

Judge Andrew Napolitiano gives a rousing talk at Mises University on the Declaration's natural law tradition.

Rulings and regulations that force companies to keep unprofitable businesses operating "for the public good," are really a net loss for the public good.

We should stop asking if workers deserve a “living wage” and start asking if the minimum wage actually helps workers obtain one.

It was in Europe—and above all, America — that human beings first achieved per capita economic growth over a long period of time.

Thanks to plea bargains and endless lists of new laws, American prisons are filled with innocent people.