Legal System

Interviewed by host Thom Hartmann, Mark Thornton explains why the minimum wage actually hurts the workers it is supposed to help.

The state’s creation of patent and copyright interests doesn’t prevent innovations, but it does erect hurdles that discourage research. The “traditional enemies of innovation [are] inertia and vested interest,” factors contributed to by the government practice of giving inventors protection from competitors.

[Editor’s Note: This is an old interview from the

Interviewed by Merlin Rothfeld and John O’Donnell, Mark Thornton discusses the legalization of Marijuana and its economic impact, as well as

The singular brilliance of the debt ceiling is that it keeps reminding everyone that there is a growing national debt that never seems to shrink. That is a tremendous service to American citizens who live in the dark regarding the borrowing machinations of their political overlords.

Writing today at LRC, Mises Institute Di

The advent of film, as a creative medium, presented a challenge to the historical understanding of copyrights.

David Gordon discusses the judicialization of international relations, and how it serves as impetus for war.

 If we wish to limit the power of the state, the state’s death penalty may be a good place to start.