Mises Wire

A More Sane Alternative to Government Prisons

Legal System

Blog09/06/2019

A truly effective criminal justice system would be built on restitution, not imprisonment and punishment. Moreover, government-funded prisons have no incentive to rehabilitate prisons since they receive funding regardless of outcomes.

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The Freedom to Reject the "Best"

EducationFree MarketsInterventionism

08/22/2019Mises Daily Articles
A central benefit of the marketplace is the ability to choose the products and services that the "experts" tell us are not "the best."
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White Collar Welfare: What It's Like to Work for the Federal Government

Bureaucracy and RegulationTaxes and Spending

Blog08/15/2019

Shannon O'Toole's memoir on working for the FDIC helps us understand why some have taken to calling federal employment "white collar welfare."

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How Canadian Cops' Legal Immunity Endangers the Public

Legal System

Blog08/14/2019

Those who are tasked with serving the public interest — but are protected by legal immunity — are well positioned to serve whatever interests they choose.

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No One Has a Right to a Good Reputation

Blog08/10/2019

In a free society, defamation would be a nonissue. No one would be able to use the courts to punish other people for the things they say or write. The only exception would be if a person voluntarily signed, then violated, a contract agreeing not to say certain things.

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Recycling: Wasting Resources While Claiming to Conserve Them

Bureaucracy and RegulationValue and Exchange

Blog08/02/2019

Recycling isn't free. It requires the use of time and resources, many of which end up wasted. But politicians keep insisting that recycling is always a win-win, even though we have many examples to the contrary.

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"Regulating" Boom and Bust

Blog08/01/2019

There is no reason to believe the next 30 years will be any different. Banks will create booms, the little banks will be allowed to fail, while the large banks are bailed out.

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Is 2019 the New 2006?

Booms and BustsGlobal EconomyU.S. Economy

The main indicators of the economic cycle point to a possible crisis and recession in the US economy. and maybe also in Europe.

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