Can Technology Prevent a Recession?
Technology doesn't tell us much about whether we're prone to a recession. The much larger issue is inflation-induced misallocation of resources.
Mises Wire
Free Trade versus “Free Trade”
To economists, free trade means absence of government interference with trade. To politicians, "free trade" means a complex set of managed policies.
The Bank of England and the ECB Have a Credibility Problem
The mainstream media in Europe and the UK are worried about economic shocks in 2017. We should all be worried.
The DEA: A Good Place to Cut the Federal Budget
In the real world, repeated failure usually results in budget cuts. But that's not how things work with government agencies like the DEA.
Did The Free Market Kill Coal?
Leftists often blame "the free market" for the demise of the coal industry. "And good riddance," they say. But, markets had very little to do with it.
What Trump Could Do
Today Donald Trump becomes president of the United States. Voters rejected the devil they know so well — Hillary Clinton — for the devil they don’t.
Week in Review: January 21, 2017
America has a new president, but will the new boss be the same as the old boss?
Spanish Courts Don’t Have Any Respect for Freedom of Contract
Spanish courts are voiding established contractual agreements to the cheers of "the people." This doesn't bode well for the future of the rule of law.
German Inflation Anxiety Could Bring an Election Shock in 2017
With German elections approaching, Germans may grow tired of monetary instability forced on them for the sake of saving the Italian economy.
The Failures of Obama’s Foreign Policy
Andrew Bacevich and John Mearsheimer, two leading foreign policy scholars, indict the interventionist foreign policy of the Obama administration.
