Mises Wire

While not Austrian, the body of work by Hart and Holmström is worth careful study and has interesting implications for Austrians.

The cronyist American Medical Association has forced doctors to choose between protecting "the profession" and protecting their patients.

Governments hate decentralization, and politicians like Hillary Clinton hate it too.

Rather than focus too much on lamenting politics and the state, we should be heartened by how far we've come — and go forward confidently.

Alarmed by successful entrepreneurship and low prices for consumers, government seeks, yet again, to shut down small businesses.

The claims about a "moneyless" utopian village in India turn out to be false. No one with an understanding of economics should be surprised.

Democracy virtually assures that only bad and dangerous men will ever rise to the top of government.

The national debt and cutting government spending simply are not topics the voters care about anymore.

Economists Stephen Cohen and Bradford DeLong are spouting an unfortunate amount of enthusiasm for Alexander Hamilton's corporatist economics.

This is the main fallacy of term limits: it presumes the problem is the people in government, and not the government itself.