Minimum Wage Laws Have Many Victims
Employers, workers, and consumers are all hurt when minimum wages are imposed on markets.
Mises Wire
Massive Overkill: The Pentagon’s High-Priced Nuclear Arsenal
America's nuclear arsenal is more about corporate welfare than actual national defense.
Money-Supply Growth Falls Yet Again, Dropping to 116-Month Low
Growth in the supply of US dollars fell again in September, this time to a 116-month low of 3.4 percent.
How Ludwig von Mises Studied History
While economics is concerned with purposeful action, history is different, and the historian asks why certain actions were undertaken.
Eliminating the State and Local Tax Deduction Is a Terrible Idea
The federal tax burden is huge compared to state and local taxes. Even in California.
The Economics of Gentrification
According to the mainstream media gentrification is the new monster to be fought. Why?
Totalitarian Regimes Aren’t the Only Bloodthirsty Ones
Certainly some regimes are worse than others, but even non-totalitarian regimes are anything but humanitarian when judged properly.
Is North Korea Really a “State Sponsor of Terrorism”?
Trump's latest move on North Korea is much more about domestic politics than actual national defense.
How Much Does a Tax Cut Cost?
Claiming that tax cuts impose a cost on society assumes the government is the rightful owner of all our wealth and incomes.
Capitalism and the Misunderstanding of Monopoly
Many of the criticisms against capitalism are connected with confusions and misunderstandings about the meaning of ‘monopoly” in the marketplace.
