Mises Wire

One big problem a government police force must always face is: What laws really to enforce? Police departments are theoretically faced with the absolute injunction, “enforce all laws,” but in practice scarcity means only some laws are enforced. Which ones?

Private security tends to provide its services to the highest bidder. And you know that almost always ends up being the regime itself. Corn farmers just can’t cut the same kinds of checks that tax farmers can.

Debt accumulation was already unsustainable prior to 2020, but the Great Lockdown has triggered an explosive increase. It may soon be reaching a point of no return for the world's major economies.