Mises Wire

The Economics of Marijuana

Free MarketsHealthThe Police StateInterventionism

In this three-lecture course, Mark Thornton explains how prohibition changed not only the market for marijuana, but the characteristics of the drug itself.
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The Legalization Cure for the Heroin Epidemic

Legal SystemThe Police StateU.S. History

03/28/2016Mises Wire
Due to over prescription of legal opiates, many patients become addicted and end up turning to illegal opiates like heroin. Overdoses and other tragedies soon follow.
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Thanksgiving Is a Celebration of Free Enterprise

Free MarketsU.S. HistoryPolitical Theory

11/26/2015Mises Wire
The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise, however, they had something to be thankful for.
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