The Tragedy of the Commons in the American Prison System
The war on drugs actually pushes violent criminals back onto the streets in order to devote resources to non-violent criminals.
Mises Wire
Janet Yellen: False Prophet of Prosperity
The next crisis will likely result from a rejection of the dollar as the world’s reserve currency.
Thoughts on Nancy MacLean vs. GMU
As libertarians we cannot worry too much about the Nancy MacLeans of the world. We do not win people over by sniffing at them.
On Borrowed Time
Those of us who are hostile to central planning are doubly hostile to governmental interference in the price mechanism — the policies of QE and ZIRP.
Rick Perry — and His Critics — Still Don’t Understand Say’s Law
How do you do away with a “Law” that had been core to economists’ understanding of the market economy for 150 years? You misrepresent it.
The “Science” of Liberty
Some day, perhaps, liberty and “libertarian studies” will be recognized as an independent, though related, part of the academic curriculum.
MacLean on James Buchanan: Fake History for an Age of Fake News
Nancy MacLean's history of a right-wing conspiracy inspired by economist James Buchanan relies on poorly reported and poorly interpreted history.
Abolish the ATF
Unfortunately, the Trump administration recently sent the ATF in to "assist" Chicago police with local gun laws. Trump should be trying to abolish the ATF instead.
The Bernanke-Yellen Bubble-Depression
The next economic crisis will be directly tied to the last economic crisis and the policies the Fed used to “solve” it. As such, it should be called the Bernanke-Yellen Crisis.
Why Did Ukraine Nationalize its Largest Private Bank?
The central bank's expropriation of PrivatBank leaves many unanswered questions.
