College Athletes Aren’t What Make College Football Profitable
Tickets for tonight's championship game are selling for well over $2,000, but people aren't paying just to see 20-something athletes play football.
Mises Wire
No, We Don’t Need a Federal “Solution” to Infrastructure Problems
States and cities are plenty wealthy enough to build bridges and roads on their own. But there are political reasons to spend federal money instead.
The Man Who Fought to Liberalize Communist Yugoslavia
Even during the Cold War, some Yugoslav leaders fought to liberalize the nation's economy and pull away from the model of Soviet central planning.
The Hanseatic League: An “Empire” of Commerce
The prosperous League had no coherent political organization, and there was no clearly defined administrative center or a system for raising taxes.
Cannabis Tax Revenues Will be a Roadblock to Sessions’s Drug War
State tax collectors and local businesses are unlikely to go along quietly with new federal efforts to crack down on legalized marijuana.
Class Conflict and The Last Jedi
You can talk about the Resistance all you want, but if you force others to die for your vision of galactic politics, you’re one of the bad guys.
Our Passive Trade Balance
This is the first time Eugen von Böhm-Bawerk's essay "Our Passive Trade Balance" has appeared in English.
Like Returning Gifts? Thank the Market
For Austrians, competition entails not only vigorous price cutting, but intense competition in terms of product quality, return policies, and more.
School Vouchers Are Basically Food Stamps
Governments already use vouchers in many areas, including food and housing. Fortunately, those vouchers only go to a small portion of the population.
Is Inflation Driven more by “Expectations” than by the Money Supply?
Central bankers think that the inflation problem can be solved by managing expectations.
