Prevent Future Losses Like East Palestine by Reducing Regulation and Empowering Torts
To prevent rail accidents like the one in East Palestine, dial back government regulation and allow the tort system to work.
Mises Wire
Lincoln’s Main Target Was “Anarchy” and Secession, Not Slavery
Once the Southern states accepted the Thirteenth Amendment, Lincoln was entirely content for the old Southern elites to resume their positions of power and for many blacks to continue in a condition little better than bondage.
Real Wages Fall for Two Years Straight as “Transitory” Inflation Turns Stubborn
The disease has always been the easy-money fueled boom. Price inflation is just a symptom.
Disinformation and the State: The Aptly Named RESTRICT Act
Federal laws with acronyms are usually bad news. (Think the USA PATRIOT Act.) The RESTRICT Act is yet another Orwellian proposal in which the federal government assumes ignorance is strength.
Austrian Economists and Empiricism
Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism.
A Pyrrhic End to 130 Years of Vicious Bad Money and Banking Crises
The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.
156 Million Americans Now Live in States with Legal Recreational Marijuana
Were states with legal cannabis to combine to form their own country, it would be—in terms of population—the ninth-largest country in the world, and larger than Russia.
The Economics of Arts and Culture
Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory.
The Failure of the Federal Reserve: The Covid Boom and Unnecessary Intervention
After years of inflationary intervention, the Federal Reserve has no more rabbits to pull out of the hat.
Waco 30 Years Later: It Is Not an Atrocity if the Feds Do It
Today is the 30th anniversary of the Waco Massacre in which the media and the government self-congratulated each other in absolving the FBI of any crimes. Nothing has changed since then.
