Mises Wire

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.

There are two sets of rules that function in America. One set for the political class, and another set for everyone else.

The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?

Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.

This week has been marked by devastating illustrations of why so much of the public distrusts the institutions of the state.

Our most popular articles from June.

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.