The Pentagon’s Latest War Plane Is Terrible at War — But That’s Fine With Congress
The latest black eye for the mega-expensive F-35 warplane is a recent report noting the mediocrity of the plane in air combat situations.
Mises Wire
Puerto Rico: America’s Greece?
Puerto Rico owes $70 billion to various creditors, including American hedge funds and other funds. Puerto Rican debt has been downgraded to junk status. Whether or not Puerto Rico is America's Greece is rather debatable.
Church Organizations and the Tax-Exemption-Is-a-Subsidy Mistake
The position that a tax exemption is a subsidy has always been wrong.
Economic Harmony and Disharmony
Frederic Bastiat saw that the economic disharmony of coercion destroys the economic harmony of freedom.
Do People Still Believe that Stuff About the Supreme Court Being Above Politics?
There are three groups of people who believe that the Supreme Court does not make decisions based on personal whims, personal ideology, pressure fr
The Fed on the Greek Debt Crisis: What, Me Worry?
Global markets appear to be unsure that the Greek debt crisis will be resolved in an orderly way.
Bernanke on American History
As usual, the former Fed chairman, author of many of our current economic ills, is confused.
New Directions in Entrepreneurship Research
It’s a great time to be studying entrepreneurship. Today as never before entrepreneurs are confronted with “grand challenges” both in the marketplace and society more broadly. And despite constant efforts to stifle their work, entrepreneurs rise to these challenges, thereby showing their vital role in solving some of our deepest economic and social problems.
Greece and the West’s Monetary Sin
The stability of the Eurozone is back in the spotlight this week amidst Greece’s talks with its creditors—which seem to be going nowhere good.
Black Markets in School Cafeterias
Congress and the First Lady teamed up to impose the Healthy, Hungry-Free Kids Act on school children across the country, but news of unintended consequences abound.
