Mises Wire

The bottom line is that Macron should drop his statist European-wide proposals and put all of his focus on fixing France.

Germany's Augsburg played a key role in the rise of the modern marketplace in Europe. 

Everything is dandy if borrowers make their payments on their increasingly unaffordable homes. But will unemployment remain low forever?

With ultra-low interest rates already in place, Europe has nowhere to go when the slowdown intensifies. 

Despite harsh penalties for drug dealers, China's numbers on drug use are not significantly different from those in the US. 

"Project Labor Agreements" makes government infrastructure spending even more expensive and inefficient. 

Broadening state powers to declare people "mentally ill" is a dangerous proposition. 

The only real cure for too much debt is an orderly process of liquidation. No bailouts. No subsidies. No taxpayer involvement.

"False consciousness" has long been a building block behind the Marxist drive to destroy human rights. 

America's thriving energy sector has boomed in part thanks to inexpensive foreign steel.