Mises Wire

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

Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.

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. 

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. 

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. 

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

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.