Freedom of Choice is What Sets Capitalism Apart — Not Competition
All economic and political systems involve competition over scarce resources. So it's wrong to say competition is the distinguishing characteristic of capitalism.
Mises Wire
The NFL’s Latest Headache
Only one company is still writing workman's comp policies for the NFL. Insurers fear Chronic Traumatic Encephalopathy (CTE) may be the new asbestos, with lawsuits extending into the distant future.
Anthony de Jasay, RIP
Anthony de Jasay, an important free market economist and political philosopher passed away on January 23.
Mises’s Proposals for a 100-Percent Reserve Requirement
"The main thing is that the government should no longer be in a position to increase the quantity of money in circulation and the amount of checkbook money not fully — that is, 100 percent — covered by deposits paid in by the public."
The Shutdown Shows Us How Unreliable and Harmful Government Can Really Be
The shutdown is an example of how the government cannot be counted on to deliver on its promises.
The Power of Mises’s The Anti-Capitalistic Mentality
Back in 1998, I was working in the filthy world of trade.
Hazlitt’s Economics in One Lesson (1946): An Aging Friend’s Long-Overdue Assessment
The rise of interest in free market economics has come from outside academia and Economics in One Lesson has been a great part of this awareness.
Government Spending Doesn’t Create Economic Growth
Government spending doesn't create wealth. It destroys wealth.
What Shutdown? Federal Spending per Day Is Down Only 7 Percent
Spending $12 billion per day is not a shutdown. Spending 7% less than you spent last year is not a shutdown.
Will Policy Makers Turn a Global Economic Slowdown Into a Crisis?
It is easy to blame weakening global markets on Trump, but it would be dangerous to believe that's the real cause of the slowdown.
