The US Navy: A History of Waste and Corruption
When politicians play market without bearing the consequences, they create a network of economic privilege that begins with bribes and ends with bombs.
Mises Wire
Janet Yellen’s Bland 2017 Forecast
Fed Chair Janet Yellen’s recent speech at Stanford University certainly was much like Ms. Yellen herself: predictable and safe.
Trump Readies a New Pentagon Spending Binge
Politicians and bureaucrats have found in Trump a friend who can help fleece the taxpayers for a few trillion more in military spending.
Conceived in Liberty: The Medieval Communes of Europe
The urban "communes" of medieval Europe were the early cradle of economic and political freedoms that would transform Europe in later centuries.
Can Technology Prevent a Recession?
Technology doesn't tell us much about whether we're prone to a recession. The much larger issue is inflation-induced misallocation of resources.
Free Trade versus “Free Trade”
To economists, free trade means absence of government interference with trade. To politicians, "free trade" means a complex set of managed policies.
Janet Yellen’s 2017 Outlook
2017 will be an interesting year with the uncertainty of a Trump administration and the growing need for fiscal policy reform ahead.
The Bank of England and the ECB Have a Credibility Problem
The mainstream media in Europe and the UK are worried about economic shocks in 2017. We should all be worried.
The DEA: A Good Place to Cut the Federal Budget
In the real world, repeated failure usually results in budget cuts. But that's not how things work with government agencies like the DEA.
Did The Free Market Kill Coal?
Leftists often blame "the free market" for the demise of the coal industry. "And good riddance," they say. But, markets had very little to do with it.
