How Human Action and Human Values Determine Prices
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.
Mises Wire
Government’s Counterproductive War Against Smoking
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.
The Student Debt Conundrum
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.
Hysteria Over School Safety Won’t Keep Us Safe
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.
Will Conservatives See the Light on Secession?
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.
Krugman Needs a Lesson on Why Truckers Are Paid Less Now than in the 1970s
Truckers are paid less now than in the 1970s because government regulators once tightly controlled competition, thus driving up the cost of living for everyone else.
The Economic Recessions of the Late 1970s and Early 1990s
The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks.
Bernie Tells America: Pull Yourself up by Your Bootstraps!
Bernie Sanders justifies his millions this way: he worked for it by writing a book. He also says that if you write a book, you could be a millionaire too. It's just that easy!
Yes, Julian Assange Is a Journalist — But That Shouldn’t Matter
The Bill of Rights doesn't mention that freedom of speech is restricted to a special class of establishment journalists. Freedom of speech is a universal property right, regardless of what the establishment-media gatekeepers say.
There’s Nothing Wrong with Buying Local — Except When Government Tells You To
Government policies designed to encourage you — or force you — to "buy local" reduce our standard of living while encouraging class conflict.
