Mises Wire

If we were to claim independence from the modern-day royalty of the beltway, the markets will ensure better holidays in the future.

Economics, as we have now seen again and again, is a science of recognizing secondary consequences.

The fact that the US government can tax citizens directly makes the act of state secession far more difficult.

During Friday's bloodbath a CNBC anchor lady assured her audience that Brexit wasn't a big sweat. That's because it is a political crisis, not a financial one.

John Tamny is right that we don't need the Fed. Unfortunately, his new book on the Fed goes off course while explaining why.

Peter Klein examines the role and work of Austrian scholars like Mises, Kirzner, Hayek, and others in explaining how entrepreneurship works.

Politicians like Juncker and Merkel speak of the EU as if it were a marriage or a family, to which one is bound by some transcendental duty.

The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.

The ballooning size of legislative districts in the US is just one more illustration of how the United States is too large.

Large parliaments with small district sizes and easy access to legislators are preferable to the EU system of huge constituencies and little access.