Mises Wire

The Left/Right Crack-Up Over Seattle and the Minimum Wage

Corporate WelfareLabor and Wages

Blog07/06/2017
So while the left’s support of the minimum wage is offensive, the right’s fight against what’s offensive perhaps explains why we still have wage floors.
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The Great War, 100 Years Later

War and Foreign PolicyWorld History

07/05/2017The Austrian
It's been 100 years since the US entered World War I. Was that a break from a past policy of peace — or just more of the same?
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The States Are Revolting Against the War on Drugs

HealthLegal System

Blog05/15/2017
The Vermont state legislature has voted to legalize recreational marijuana use. This is a first, since other states have relied on statewide votes.
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The Myth of the Rule of Law

World HistoryPolitical Theory

Blog05/07/2017
As a myth, the concept of the rule of law is both powerful and dangerous. Its power derives from its great emotive appeal.
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Trump's Economics

Taxes and SpendingPolitical Theory

Blog04/05/2017
Trump seems to be stuck in the 1980s when it comes to his obsession with sticking it to our "competitors" in Asia.
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The "New Normal" of Ultra-Low Interest Rates

Money and BanksMonetary TheoryMoney and Banking

Blog02/14/2017
After nine years of unwarranted and irrational monetary policy, some people are taking the current monetary regime as normal and natural.
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True Liberalism: A Personal Reflection in Honor of Ralph Raico

BiographiesWorld HistoryHistory of the Austrian School of Economics

Blog01/06/2017

We can build upon our understanding of liberalism, but as Ralph would stress, we should never forget our traditions, or discount our principles.

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The Economics of Marijuana

Free MarketsHealthThe Police StateInterventionism

12/30/2016Courses
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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