Why Are People Buying Bonds with Negative Yields?
Is this really negative time preference or a central bank induced crack-up bond boom?
Mises Wire
Thanksgiving: Celebrating the Birth of American Free Enterprise
In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.
Do We Really Need a Federal Ban on Horse Meat?
The federal government has banned the slaughter of horses, although horse meat was commonly used in the US just a generation ago.
Venezuela’s Default Disaster
In the end, the socialist promise of free money is very expensive for all. Let’s learn the lesson.
Freedom for Television and Radio
When the government essentially owns the airways, it also decides how those resources may be used.
The Daily Hell of Life in the Soviet Bloc
Any economic system that forces lions to go vegan should never be forgiven.
Lyndon Johnson’s Terrible Legacy
Johnson's political philosophy is alive and well today. The US government spends freely on welfare programs at home, and on unwinnable wars abroad.
We’re Living in the Age of Capital Consumption
It remains to be seen how much longer this can continue. Once the stock of capital is depleted, the rude awakening will be unpleasant indeed.
Is Behavioral Economics Good Economics?
Behavioral economists, while criticizing the mainstream economics for not being realistic, treats human beings as automatons.
Leftist Billionaires Virtue-Signal on Tax Cuts
The right to the product of one’s own labor is not in conflict with compassion and charity.
