What Free-Banking Advocates Get Wrong
Free-banking systems may make bank runs less frequent, but do they prevent credit expansion, artificial booms, and economic recessions?
Mises Wire
A Gas Tax Hike Is the Wrong Way to Fund Highways
Using the federal gas tax to fund infrastructure is at best a very blunt instrument, and at worst an invitation to wasteful spending.
How Juan Perón’s Left Populism Destroyed Argentina’s Economy
Some scholars want the Democrats to embrace Perón's policies. This isn’t quite as bizarre as arguing for Venezuelan socialism, but it’s close.
We Need Bastiat’s The Law More than Ever
The solution to the problem of human relationships is freedom, and it thrives most when the role of government is limited.
A Strong Euro Is A Headache for the ECB
A strong euro is not a problem for any European citizen. But it is a problem for the central bank.
Stop Blaming Mexican Violence on American Guns
It's a myth that most illegal guns in Mexico are from the United States. It's also hard to see how Mexican gun control has helped ordinary Mexicans.
Economists and the Emergence of Antitrust
Economists who believe that there was once a "golden age of antitrust" have never produced any evidence of such an age.
How Central Banks Stoke Stock Prices
There are two important ways through which the central bank and its effectively inflationary machinations influence stock prices.
This Bishop Hates Capitalism so Much, He’s Praising the Anti-Christian Chinese Regime
There is a long history of sympathetic Western intellectuals traveling to foreign socialist lands — deciding they've discovered paradise on earth.
Do Public Unions Make Police More Dangerous?
Research supports the idea that police unions contribute to greater amounts of officer misconduct.
