The Rise of Zombie Companies — And Why It Matters
A zombie company merely survives thanks to the constant refinancing of its debt. Thanks to central banks, their numbers are alarmingly large.
Mises Wire
Why Government Has a Dangerous Obsession with Statistics
In a free market, businesses have little need of economy-wide statistics. They are, however, desperately needed for any sort of government planning.
Tyrants of the Mind and the New Collectivism
The ideology of “political correctness” is strangling the principle and practice of freedom of speech.
Entrepreneurial Discovery: Who Needs It?
Is Israel Kirzner’s explanation of the market process correct and, if so, is it useful?
How Government Invented Our Modern, Inefficient Prison System
An efficient criminal justice system is based on the idea of restitution. The modern system of using prisons as punishment turns this idea on its head.
How To Have Law Without Legislation
Decree that no violence may be initiated against another man, and all the loopholes for tyranny would be swept away.
Jeff Sessions Endorses Theft
Anyone traveling with "too much" cash runs the risk of having it stolen by a police officer.
The Anti-Federalists Were Right
Anti-Federalist philosophical fathers fought to forestall the inevitable. For that we must salute them.
Can Switzerland Survive Today’s Assault on Cash and Sound Money?
The Swiss love of privacy and sound economics has endured for centuries. But global trends continue to chip away at these venerable traditions.
This Time, It’s a Bubble in Rentals
Fannie and Freddie are rushing to finance the current rental boom, and package them as mortgage-backed securities. What could go wrong?
