Why Do People Assign Value to Paper Money?
The acceptance of money is dictated by its previous purchasing power.
Mises Wire
The Looming Threat of Video Game Regulation
Gaming faces threats from fear-mongering politicians, but also from developers eager to stifle competition in the industry.
Why We Can’t Ignore the “Militia” Clause of the Second Amendment
The Second Amendment is much more than a guarantee of private gun ownership. It was designed to decentralize and weaken the military establishment in the United States.
Here’s How the Chinese State Is Ruining Soccer
The Communist Party's big plans for a globally-competititve soccer league have come to naught.
Turkey’s Crisis and the Dollar’s Future
Emerging-market currencies often suffer a as a result of their government's own profligacy. But the US is also actively trying to destabilize some currencies, and setting up a conflict that the US could ultimately lose.
Protectionism Abroad and Socialism at Home
Both at home and abroad, the government causes the problems it says we need more government to solve.
Trump, Tariffs, and Economic Honor: The Trade War as a Form of Retributive Violence
Much of Donald Trump's political rhetoric appears to be premised on "honor ideology" which places reputation and respect from others above all else, even at the cost of self-harm.
The Fallacies of German Socialism in War and Peace
The German use of wartime central planning paved the way for full-blown socialism.
Paul Krugman Learns the Wrong Lesson from Denmark
Paul Krugman is right to praise Denmark, but he likes the one thing that they’re doing wrong and overlooks all the things they get right.
The Philanthropic Ogre
Octavio Paz, defined government as "the philanthropic ogre," a creature that seemingly wishes to help the unfortunate, but at the same time devours more and more of the nation’s prosperity.
