Mises Wire

It is time to admit that the Broken Windows theory has failed and the answer lies in limiting police powers, not in expanding them.

Because policing is heavily subsidized by taxpayers, people call the police far more than they would otherwise.

The Paris-Berlin axis faces a new banking crisis and a weakening Southern Europe while Brexit inflames EU opposition across Europe.

Our monetary system favors those who are already-wealthy at the expense of those who are only beginning the wealth-building process.

An "I voted" sticker is no substitute for a simple receipt.

Italy is on the brink of a full-blown banking crisis.

Private policing isn't some fantasy, and it isn't just a luxury enjoyed by the rich.

Many encounters will police escalate to the point of violence because the list of criminal offenses is so long, and the penalties are so draconian.

Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.

James Grant has shown us how the only sure cure for depression is deflation and liquidation of overblown resource and asset prices.