Mises Wire

Joseph T. Salerno

The rock icon David Bowie died peacefully yesterday surrounded by family after an 18-month bout with cancer. While his obituarists justly focus on his musical genius and his mastery of a broad range of musical genres, his political views deserve some attention.

Ryan McMaken
While still above the very-low prices of the 1990s in real terms, the oil price is in the midst of its biggest collapse since 2009.
Ryan McMaken

The Republican AGs in Nebraska and Oklahoma are demanding for federal control over states. The protesting ranchers in Oregon should hope these AGs fail.

Matthew McCaffrey

Rather than a cold estimate of the probability of future returns, the Powerball actually illustrates the subjective theory of value.

Mises Institute

Populism was in the air this week as ranchers in the Western US opposed the spread of federally-owned lands, and reformers in Switzerland look to a referendum on fractional reserve banking.

Mark Thornton

The Big Short is a pretty good movie, but there are a few things it leaves out.

Louis Rouanet

It is now even clearer that Krugman is wrong about France and the UK.

Ryan McMaken

The federal government has been meddling in Western lands since the beginning. Early settlers were happy to have the feds on their side, but a government strong enough to give you land is strong enough to take it away.

Jonathan Newman

Bernie Sanders received some hefty backlash and ridicule on Twitter for decrying the fact that student loan rates are higher than home refinance rates.

Gary Galles

Politicians can often be found saying that it would be bad to end a government program because it would unfairly punish those who benefit from the program. But what about those who are punished and disadvantaged by the unjust program in the first place?