Economic Theory Begins with Human Action, Not Data Sets
Austrian economics begins with logical deductions made from what we know about human action, not data sets that are subject to change.
Mises Wire
Reckless Associations: The Ruling Class Creates New Legal Theory to Stifle Free Speech
The war on free speech has been given a boost by a new legal theory called "reckless associations," the "leaders" of an association that allegedly harms someone else are declared liable for that harm.
Postcovid America: Racked by Inflation, Americans Pay Too Much for Drugs
The patent system in pharmaceuticals incentivizes firms to game the system for monopoly profits.
Disney’s Corporate Welfare Is Modern Mercantilism
Disney's special legal status in Florida is reminiscent of the mercantilist corporations of old. They were granted favors at the expense of ordinary businesses who did not enjoy the favor of state officials.
It Is Time To End the Fixation with Federal Law Enforcement
For many years, conservatives have held the FBI as being nearly infallible. It is time to rethink this devotion to a federal agency that pursues its own political agendas.
Reparations for Government-Imposed Property Theft Are Justified and Necessary
Reparations is a buzzword in the present political climate, but most plans involve an expansion of the welfare state. But there is a form of reparations that is legitimate.
There’s a Reason George Washington Warned against “Entangling Relationships”
America's Cold War relationships have created conditions for very hot wars to take place. The current war in Ukraine is part of that sorry Cold War legacy.
Do Conspiracies Really Exist? Murray Rothbard Thought So
The quickest way to discredit an intellectual opponent is to accuse that person of being a "conspiracy theorist." But what happens when real conspiracies occur?
Vietnam Should Have Been the End of US Foreign Intervention. It Wasn’t, and the World Is Worse Off
Remember "the lessons of Vietnam"? For all of the talk in Washington of avoiding similar conflicts in the future, US policy has been to intervene even more aggressively than it did pre-Vietnam.
The Great Reset VII: Capitalism for the Rich and Socialism for the Poor
Michael Rectenwald takes on the progressive canard of "socialism for the rich, capitalism for the poor," in which the government protects the wealthy but throws everyone else to the tender mercies of rapacious capitalism.
