Why James Madison Hated Democracy
Madison condemned "democracy" because the pro-freedom, pro-decentralization Anti-Federalists valued "the democratic spirit."
Mises Wire
What Gives Cryptocurrencies Their Value
The value of cryptocurrencies comes fundamentally from what you can do with them.
Minimum Wage Laws Have Many Victims
Employers, workers, and consumers are all hurt when minimum wages are imposed on markets.
Money-Supply Growth Falls Yet Again, Dropping to 116-Month Low
Growth in the supply of US dollars fell again in September, this time to a 116-month low of 3.4 percent.
How Ludwig von Mises Studied History
While economics is concerned with purposeful action, history is different, and the historian asks why certain actions were undertaken.
Massive Overkill: The Pentagon’s High-Priced Nuclear Arsenal
America's nuclear arsenal is more about corporate welfare than actual national defense.
Eliminating the State and Local Tax Deduction Is a Terrible Idea
The federal tax burden is huge compared to state and local taxes. Even in California.
The Economics of Gentrification
According to the mainstream media gentrification is the new monster to be fought. Why?
Totalitarian Regimes Aren’t the Only Bloodthirsty Ones
Certainly some regimes are worse than others, but even non-totalitarian regimes are anything but humanitarian when judged properly.
Misdiagnosing Populism
Libertarians should support populist sentiments or movements when they are pro-liberty/anti-state, and oppose them when they are not.
