Central Banks Are Hiding the True Price of Risk
Risk premiums determined in an unhampered market align the interests of savers and investors. When central banks interfere with this, trouble results.
Mises Wire
The End of the Nation-State
The problem is that government is based on coercion, and it is, at a minimum, suboptimal to base a social structure on institutionalized coercion.
The Google Manifesto – and What it Means
Google can concentrate on innovation and profits — or it can focus on bureaucratic rules against thoughtcrimes. Google has apparently chosen the latter.
A Flat Tax Is Not More “Efficient” Than a Tax System with Loopholes
If we want taxpayers to be more efficient, we should be giving them more tax loopholes. Closing loopholes has the opposite effect.
The Plan to “Privatize” the Afghanistan War Doesn’t Privatize Anything
The Trump administration is considering a new scheme for the War in Afghanistan. The American taxpayers are unlikely to see any benefit.
It’s Not Urban vs. Rural — It’s Suburban vs. Urban
Although the the media has become obsessed with rural Trump voters, the fact is suburban voters and taxpayers are far more important.
Harry Truman and the Atomic Bomb
The destruction of Hiroshima and Nagasaki was a war crime worse than any that Japanese generals were executed for in Tokyo and Manila.
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?
