Billions Gone: 2016 Olympics Venues in Brazil Are Now in Ruins
The Brazilian government spent billions on facilities and infrastructure for the 2016 Olympics. Now, the taxpayers wonder what it was all for.
Mises Wire
Five Reasons for Central Banks: Are They Any Good?
No justification for central banks erases the fact that the central banks are creatures of power politics rather than economic reason.
The Economic Evil of Eugenics
Central planning implies eugenics, and eugenics in turn is a kind of central planning.
Why the “Experts” Can’t Agree About Fed Rate Hikes
When should the Fed raise rates? Mainstream economists rely on statistics, but reject the necessary theory by which to interpret.
Break Up the USA
Everyone takes for granted that it’s normal for a country of 320 million to be dictated to by a single central authority. It's time to call it quits.
Abolish the One-Man Presidency
Alexander Hamilton wanted a strong single executive who could maximize "secrecy" and "dispatch." Unfortunately, he got what he wanted.
Our Huge Hidden Tax: Government Regulations
Eliminating government regulations is as critical as tax relief in turning the US economy around.
Nietzsche and the State
Nietzsche thought that the state would probably be replaced by private protection agencies.
The Great Gatsby and the Fed
The “constant flicker” of American life described by Fitzgerald in his novel is no less than the artificial boom driven by the Fed during the 1920s.
Updating Robert Higgs’s “Gross Domestic Private Product”
Although once controversial, government purchases are now included in GDP measurements. But, it may be still useful to remove these purchases from GDP.
