Mises Wire

Trump clearly views trade in a zero-sum, mercantilist manner, with the country possessing a deficit “losing” and “down.” But continuing the trade war only makes recession more likely for both sides. Luckily China is stalling on committing to a trade agreement.

The repeated failure of prohibition may be just the catalyst that Austrian economics needs to gain traction with the American public.

For an advocate of civil republicanism, you could be drafted into the army, or taxed at very high rates, and that's fine because you participated in a process (democracy) in which you helped pick your own rulers. This view of freedom has a few problems.