Mises Wire

Even if a section of the US were to today secede for some noble reason (i.e., not slavery), the outcome would still likely be invasion and war. 

Rothbard's prescriptions for legal remedies against polluters are far better than the regulatory regime now favored by governments. 

The bottom line is that Macron should drop his statist European-wide proposals and put all of his focus on fixing France.

Everything is dandy if borrowers make their payments on their increasingly unaffordable homes. But will unemployment remain low forever?

Germany's Augsburg played a key role in the rise of the modern marketplace in Europe. 

With ultra-low interest rates already in place, Europe has nowhere to go when the slowdown intensifies. 

Despite harsh penalties for drug dealers, China's numbers on drug use are not significantly different from those in the US. 

"Project Labor Agreements" makes government infrastructure spending even more expensive and inefficient. 

Broadening state powers to declare people "mentally ill" is a dangerous proposition. 

The only real cure for too much debt is an orderly process of liquidation. No bailouts. No subsidies. No taxpayer involvement.