Why It’s Important to Understand “Economic Costs”
The concept of economic cost seems to confuse people. It is not the price you pay for a good, but the reason you pay it.
Mises Wire
4 New Reasons to Fear a Universal Basic Income
Beyond the usual arguments about incentives and taxes, a Universal Basic Income is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.
Why the Swiss Voted for More Gun Control
What is particularly scary is that the whole argument for the new law was not really about saving lives or reducing gun violence, but is really about Brussels ordering Switzerland to modify gun laws to comply with EU gun control standards.
Why Are Progressives so Bad at Governing?
From crumbling public transport to rampant homelessness, progressive politicians are terrible at running the government once they are in power.
Mexican BMW Factory Shows Us the Benefits of Free Trade
Car companies are building in Mexico rather than the United States, largely because it has freer trade than the United States does with the rest of the world.
World War I: A Revisionist Reading List
These books and authors criticize the decision of the United States in 1917 to enter WWI, the bad results of the treaties that ended the war, and the propaganda designed to induce the public to accept the war against the Central Powers.
Austrian Economics is No Longer the Unheard Music
Austrians will be vindicated, but will they be heard?
Money and Gold in the 1920s and 1930s: An Austrian View
The Fed’s monetary policy, except for very brief periods in 1929 and 1936–1937, was consistently and unremittingly inflationist in the 1920s and 1930s.
Low Inflation Is No Threat to the Economy
What matters is not price rises as such, but the increase in the money supply that sets in motion the exchange of nothing for something or "the counterfeit effect." Business cycles and recessions follow.
Doctors Are Not “Playing God,” But the Government Certainly Is
The Canadian government wants to force doctors to assist patients with euthanasia. But doctors should be free to refuse service to anyone, and refusal doesn't mean doctors are "blocking access" to healthcare or anything else.
