In Europe, Workers Use Minimum Wage Laws to Exclude their Competition
Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.
Mises Wire
The Lessons of the 1920–21 Depression
James Grant has shown us how the only sure cure for depression is deflation and liquidation of overblown resource and asset prices.
The Political Class vs. the Rest of Us
There are two sets of rules that function in America. One set for the political class, and another set for everyone else.
Delinquency Rates Rising: Is A New Crisis Approaching?
The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?
Here We Go Again: An August 2007 Redux
Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.
The Week in Review: July 9, 2016
This week has been marked by devastating illustrations of why so much of the public distrusts the institutions of the state.
Abolish the FBI
Never constitutional, the FBI was formed to compete against more effective private agencies. It now functions to wage political war against its enemies and protect its own interests.
Brexit Shows Why Central Planning Won’t Work
Central planning relies on successfully predicting the future. Unfortunately for central planners, this is an impossible task.
“Gun Violence” as a Rhetorical Trick in the Gun-Control Debate
When a pundit refers to "gun violence" when the discussion is about homicide, they're usually trying to hide something.
