Defining Poverty
One of the great problems involved in setting a standard of poverty is the ever-changing concept of "adequate" nutrition. Recently a nutrition survey concluded that "only one person in a thousand escapes malnutrition!"
Mises Wire
Intellectual Property as the New Guild System
Even if one strongly believes that IP laws are essential for creativity, it is difficult to justify the expansion of IP protections that have taken place in recent decades.
Keynes on Eugenics, Race, and Population Control
Keynes's Malthusianism indicates that he had a defective understanding of the division of labor and the law of returns. Beyond that, his population policies reveal the totalitarianism inherent in the Keynesian vision.
Budget Deficits, not “Neoliberalism,” Are To Blame for Argentina’s Crisis
Socialists contend that Argentina's economic woes were caused by too much "neoliberalism." Yet not even Argentina's alleged neoliberal president Macri did anything to implement any significant reforms in the direction of free markets.
It’s Trump vs. the Deep State vs. the Rest of Us
Even The New York Times now admits there is a deep state — and that it serves its own agenda while ignoring the elected civilian government.
Why Friedman Is Wrong on the Business Cycle
A common view is the bust is caused by various mysterious factors that have nothing to do with the previous boom. But that the main problem with Friedman’s model is the lack of a coherent definition of what a boom-bust cycle really is.
After Years of Decline, Competition in Banking Finally Grows Again
As government-created barriers to entry rise and fall, so does competition in the banking sector.
The Case for Free-Market Liberalism in Africa
The African continent is exceedingly rich in natural resources, yet the living standard of Africans is very low. The most plausible explanation for this discrepancy is the lack of a system that protects private property.
The FDA Wants to Control Your Stem Cells
Our right to privacy is premised upon the idea of personal autonomy and extends to the right to bodily integrity. This includes our stem cells.
Argentina Votes for More Inflation, Spending, and Economic Instability
Argentinians have voted again for the policies that led to the 2014 financial crisis, and many crises before it. The regime remains inflationary and committed to big spending.
