How OPEC Became Irrelevant
Traditional oil-producing countries still fail to face the new reality.
Mises Wire
How to Look at Tariffs
Political boundaries of nations may be important for other reasons, but they have no economic meaning whatever. The upshot is that protectionism is not only nonsense, but dangerous nonsense.
Why Wage Growth Is So Weak
As central banks enable the creation of money out of thin air, wealth creation has suffered, as has worker productivity.
Space Cadets and Sex Changes: Our “Defense” Budget Is a Bad Joke
Spending on the military is set to reach a new all-time high. This has a lot to do with politics, and almost nothing to do with defense.
Net Neutrality Strengthens Monopolies, Invites Corruption
Government regulation has long been an easy way for large firms to drive the smaller competition out of business. Net neutrality is no different.
Even Partial Drug Legalization Goes a Long Way in Protecting Property Rights
The partial legalization of cannabis in Colorado has made it harder for police to justify many searches and seizures that were once routine.
Private Property and Higher Ed
In a free society there are no free-speech rights, only property rights. Colleges don't have "free-speech" zones and words don't constitute violence.
Can Japan End its Easy-Money Addiction?
Shinzo Abe's party has recently suffered some stunning electoral defeats. But that doesn't mean "Abenomics" and its easy-money policies are over.
Europe’s Unsustainable Welfare State
The EU average tax burden on workers is 44.9%. The average worker in the EU spends half a year working for the tax man. This is not sustainable.
The High Cost of “Free” College
The State of Tennessee has created a new program to provide free college statewide. Remember, there is not such thing as a free lunch.
