Will Trump Continue the Bush-Obama Legacy?
The only way to avoid fiscal crises is to stop increasing spending and instead begin reducing spending on all aspects of the welfare-warfare state.
Mises Wire
In a Free Market, No Profit is “Excessive”
Profit is a product of the mind, of success in anticipating the future state of the market. It is a spiritual and intellectual phenomenon.
Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market
In a free market economy, banks would actually have to clear their checks and this would be a deterrent to creating money out of "air."
Good Economics Is “Bizarre” for Minimum Wage Supporters
What these "excuses" point to is the marginal productivity of the worker is lower than the salary the employer is forced to him pay by law.
Week in Review: January 14, 2017
The nation braces itself for the inauguration of a new president. Politics, however, will not cure what ails us.
No Country Should Be Bigger Than This
Even if we agreed that states can provide certain amenities of value, state powers still become dangerously prone to abuse the larger the state grows.
Free Market Economics and Crony Capitalism
Does not big business wrap itself in the mantle of free markets? If so, are not exponents of free markets supporting crony capitalism?
What European Integration Should Look Like
The European Union could have been a mere union of states committed to increasing free trade and free movement. But, it has become nothing of the sort.
Happy Birthday Butler!
Today is the birthday of Butler Shaffer, a pioneer of the libertarian movement and an outstanding legal theorist.
The Fed Needs Competition, Not Rules
If a monetary rule like the Taylor Rule is not a solution to the problem of the Fed, what is? Competition.
