The Space Race Is Now “Privatized” — But You’re Still Paying for It
"Ultimately, this is going to be a huge public-private partnership," says Elon Musk, as he rakes in taxpayer money.
Mises Wire
Keynes: A Master of Confused and Confusing Prose
A careful reading of Keynes's 'General Theory' suggests its unintelligible prose may be an effort to appear erudite while saying little of value.
Think Gentrification Is Bad? The Opposite Is Worse
Land has no intrinsic value, and its price can go to zero under various conditions. Nearby owners will soon find themselves wishing for gentrification.
H.L. Mencken: The Joyous Libertarian
America desperately needs another H.L. Mencken.
Is Forced Military Service Good for the Economy?
The latest argument in favor of conscription is that it's good for the economy. But, it's all just another central-planning scheme.
Why Is the Euro Still Gaining Against the Dollar?
The ECB has been trying to weaken the Euro. The relative weakness of the US dollar, however, continues to make the Euro look good by comparison.
Congress Exploits Hurricane to Raise Debt Ceiling
The Republicans aren't letting this crisis go to waste. They're using it to put American taxpayers deeper in debt.
Ludwig von Mises and the Real Meaning of Liberalism
Ludwig von Mises's book on liberalism is as important now as when he originally wrote it nine decades ago.
How Much Policing Do We Really Need?
Since police do not have to satisfy consumer preferences to stay in business, we should not be surprised that they treat us like subordinates.
What We Lost on September 11th
What should have been a profoundly embarrassing and soul-searching moment for the US national security state became an exercise in chest thumping.
