Mises Wire

Can political arrangements be dissolved peacefully? Legally? At the ballot box? By any mechanism short of outright violence and civil war?

Even with falling interest rates and high liquidity, there have been spectacular bankruptcies, so imagine what can happen when rates rise.

Markets and trade offer far more benefit for ordinary people than participation in the state's wars. 

Special powers to inflate the money supply — granted by the state — make banking unlike other private industries. 

What America is facing are the illogical trade policies of an economically illiterate president in the White House. 

Throughout US history, government agents have often discarded "pure" property rights in favor of "development." 

Widespread physician pushing of opioids — combined with government regulations — have increased the most unsafe uses of opioids. 

Employers that rely on aluminum and steel will now have to pay more for those resources, meaning workers will see lower wages and less hiring. 

Defenders of police incompetence are falling back on the claim that they are above criticism because they are the "experts."

In explaining the flood of funding headed toward weapons contractors, one defense analyst noted that “diplomacy is out; air strikes are in."