Mises Wire

A report on my day inside the Fed

Believe it or not, but there is a tax that I could support as libertarian. In fact, it's a tax I even would want to see. Because it fixes the problem of underfinanced government budgets and it also aligns the voting populace with the risk of "investing" in government.

Well, they voted in federal elections this week for a more free market in cannabis, and for less intervention in foreign wars. They also voted for higher taxes and more environmental regulation.

Violence, whether private sector (i.e., “crime” and non-state “terrorism”) or government sector (war and police actions) ar

Millions of pop culture consumers have been affected by the "post scarcity" world portrayed in Star Trek. But even in Star Trek, the claims of having overcome scarcity are belied by the fact that human lives, planets, starships, and time all remain scarce.

Robert Shiller, in a new screed against capitalism in The New York Times, asserts that government regulation makes countries rich. He then bolsters this argument by making stuff up.

The countries where the median household has more purchasing power have fewer cases of adult children living with parents. Almost all countries with median incomes above $20,000 have living-at-home percentages below 20 percent, while almost all countries with median income below $30,000 have living-at-home levels above 30 percent.

In a situation where value is measured almost strictly in dollars, coffee is only for closers, but when value is calculated outside the numerical discipline of the ledger, things get more complicated.

Nevada has ruled that online fantasy sports are subject to gambling license laws in the state. The reason for the ruling is painfully clear: to suppress competition with the big casinos in the state.

There is a close connection between the three.