Mises Wire

Thanks to trade with the Chinese, more Africans have access to safe food they would otherwise lack.

The corruption scandal that now plagues Justin Trudeau goes back to the rather questionable notion that the Canadian government ought to regulate contracts in foreign countries, while also setting an arbitrary distinction between legal and illegal bribery.

Rather than increase efficiency and profitability, corporate managers look for easy ways to increase their salaries through leveraged buyouts. And central banks have a key role in making this easier and more common.

As far as the FBI is concerned, it can do whatever it wants — and anyone who resists its power is guilty of "obstruction of justice."

Prices are set by how much people value goods and services. And people value things based on what they think will improve their life and well-being. 

The data does not show that government taxes and regulation have been responsible for declines in smoking. At the same time, government approved cigarettes may be more dangerous than black market cigarettes.

Given the loose standards and high default rates that plague the student loan machine, the federal government might as well just be handing out credit cards so everyone can buy more stuff with subsidized loans.

A important factor in wealth redistribution has been the increased participation of both financial and non-financial firms in financial markets.

The #NeverAgain movement that arose after last year’s Parkland shootings ignores how government officials cannot be trusted to behave honestly or responsibly to save student lives.

Many on the Left still cling to the idea that if they can only elect "the right people," everything will be fine. This is a doomed strategy.