Australia: The Nation Founded by British Convicts Embraced Entrepreneurship
Australia is famous for its laid-back culture and for being founded by convicts from Great Britain. It also should be famous for its embrace of entrepreneurship.
Mises Wire
The Government Throws Money at Heart Disease, but Prevention Is Better than Cure
Americans spend billions of dollars on treating heart disease. Prevention is cheaper, but thanks to perverse government incentives, preventing heart disease takes a backseat to medical spending.
Make No Mistake, War Hawk American Policy Helped Start This War in Ukraine
When the Soviet Union collapsed more than thirty years ago, US and European political elites sought to isolate and threaten Russia. The result has been war, destruction, and death, none of it necessary.
Yes, Virginia, There IS a Deep State—and It Is Worse than You Think
We like to think of the "deep state" as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.
Real Wages Fall for the Twenty-First Month as Rent and Food Prices Keep Rising
The Federal Reserve has yet to get price increases anywhere near its own arbitrary 2 percent goal, but a mild slowing in growth rates has Biden claiming that price inflation is "falling."
The Great Depression’s Patsy
Poplular history says that massive government spending—made possible by ending the gold standard—ended the Great Depression. As usual, popular history is wrong.
The Chimera of a Postpandemic Postwar Return to Monetary Normal
Government and monetary authorities claim that the worst of the postcovid lockdown disruptions are past and a "return to normal" is just around the corner. It will be a very long corner.
Micronations in International Law: How US Policy Could Improve the Fortunes of Upstart Libertarian Countries
Breakaway groups are forming micronations to become free of stultifying governments. This trend certainly will continue.
Infective Maltruism: Is Charity Still Charity When It Is Performed for Uncharitable Reasons?
What often passes as charity today is little more than progressive billionaires trying to force the Great Reset on unwilling subjects.
The Senator Who Didn’t Know (but Thought She Did)
Sen. Elizabeth Warren wants to subject cryptocurrency to federal money-laundering laws and other regulations. She fails to understand how that system works.
