Mises Wire

Being so small, Liechtenstein's government must provide services in a way that make it attractive to its citizens, many of whom could easily invest their wealth elsewhere.

Bureaucrats manipulate government shutdowns so that they are likely to produce the political outcomes the bureaucrats want. 

While efforts to mandate "equality of outcome" are rightly derided, "equality of opportunity" is wrongly held up as essential. But even when we face unequal opportunities, the marketplace can still make us all better off.

EU negotiators have done all they can to hinder the Brexit process. But freedom from the EU's trade straitjacket would, of course, be best for the UK.

M1 and the monetary base are almost equal at this time, but this is unprecedented in modern monetary history, as usually the monetary base is a fraction of M1.

"Virtue signaling" is not a new thing. In fact, society benefits from organizations that help communicate the virtues of its members. This facilitates trust in society, which then enhances commerce and trade. 

In November, year-over-year growth in the money supply was at 3.48 percent. That was down from October's growth rate of 3.7 percent, but was up from November 2017's rate of 2.6 percent.

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This Christmas, countless workers will profit when others spend freely on "unnecessary" luxury goods.

Whether Christian or Jewish, public schools and their allies have long attempted to crush private religious schools.