Mises Wire

UK's National Health Service Moves to Cut Healthcare for Smokers and the Obese

HealthTaxes and Spending

To cut government expenses, the NHS has declared that smokers and the obese will be limited in the healthcare procedures they're allowed to receive.

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Unions Want Freedom of Association — But Only for Themselves

Bureaucracy and RegulationLabor and Wages

If workers have freedom of association, they also need the right to refuse to associate with unions, if they wish.

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Union Dues and the "Free Rider" Problem

Labor and Wages

Workers don't "free ride" on labor union services. In fact, many workers suffer harm from them.

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US Sanctions Against Venezuela Will Hurt Americans

War and Foreign Policy

Sanctions against foreign nations are ultimately built upon restricting the freedom of Americans.

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Unlicensed Pet Sitters: The Latest Victim of New York's Regulatory State

Bureaucracy and RegulationMonopoly and Competition

For reason of "health" and "safety" New York City says it will punish any entrepreneur who attempts to compete with the high-priced kennel industry.

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US Household Debt Rises to All-Time Highs

Spurred by 9 years of easy money, US household debt is back to peak levels not seen since 2008.

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Under Socialized Medicine, The State Owns You

HealthPolitical Theory

Defenders of socialized medicine swear there are no "death panels." But a recent case in the UK betrays this claim yet again.

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United Airlines Violence Illustrates the Problem with Government Monopolies

Monopoly and CompetitionPrivate Property

If airlines had monopoly power like states do, they could abuse people a lot more and face far fewer consequences.

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Understanding Money Creation and the Trade Balance

Money and BanksMoney and Banking

In the floating exchange rate framework, by means of monetary policy coordination central banks can create the illusion of currency stability.

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Updating Robert Higgs's "Gross Domestic Private Product"

Booms and BustsTaxes and SpendingBusiness Cycles

Although once controversial, government purchases are now included in GDP measurements. But, it may be still useful to remove these purchases from GDP.

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