Mises Wire

When governments subsidize low productivity and penalize high productivity with enormous taxes, the economy suffers. This is why Europe is stagnating. 

Given these realities of state power and economic intervention, the only reasonable position for those who cherish freedom and prosperity is the radical one: a pure market economy.

If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer Financial Protection Bureau.

Bob analyzes President Trump's recent remarks praising the revenue capacity of tariffs. 

In this week‘s Friday Philosophy, Dr. David Gordon looks at Allen Wood‘s attempts to salvage Marx‘s theory of exploitation. While Dr. Gordon acknowledges Allen‘s expertise in 19th-century philosophy, he notes that Allen truly misunderstands economics.

President Donald Trump has openly called for the US to annex Greenland. However, Greenland‘s residents don‘t want to be part of the US empire. Unfortunately, this is another chapter in the sorry history of US acquisitions.

California secession would not change the US into a laissez-faire paradise, but the positive change would be immense.

Imagination is a key aspect of abstract thinking and economics. However, many fallaciously assume that one‘s failure to imagine how something would work on a free market necessitates state provision. This is an unjustified leap in logic.

Ryan McMaken and Heather Carson discuss how homeschooling is a way to resist and sabotage the many ways the state centralizes power and destroys private institutions. 

African nations such as Nigeria and Kenya desperately need market economies and freedom from the socialism and statism that infects the governing elite of that continent.