The Medical Marijuana Racket
Some freedom is better than no freedom, but the lengths to which governments will go to regulate legal marijuana is amazing.
Mises Wire
The May-June Issue of The Austrian Is Now Online
Now in mailboxes, the May-June issue of The Austrian is also now online.
Manchester Liberalism is the Answer to Terrorism
The classical liberals knew the only way to avoid the cycle of war is to oppose imperialism and to advocate peaceful commerce between nations.
Natural-Law Libertarianism and the Pursuit of Justice
Before endorsing a legal system, libertarians must first figure out what justice is. The natural-law framework is one way of figuring this out.
The Fed’s Dangerous View of History
Economics has shown the alleged blessings of an abundance of money are the outcome of crass errors in reasoning.
Civil Asset Forfeiture: Another Stealth Tax
Local governments could go to the taxpayers and ask for more revenue to fight crime. But, it's much easier to seize it from innocent suspects instead.
Will the Crazy Global Debt Bubble Ever End?
If the debt burden is large enough, at some point, even a 0.1% interest rate becomes unaffordable.
Are Highly Paid People Just Lucky?
If a person makes a lot of money through "luck" perhaps the most philosophically rigorous answer is simply this: "so what?"
Ludwig von Mises Understood “Meme Magic”
Recent history shows that both force and money are impotent against memes.
Monetary Tightening as “Excessive Monetary Action?”
Tim Duy pretends that rising interest rates is an example of an excessive Fed, but overlooks the true monetary excesses of monetary expansion.
