How Columbus Revolutionized the Global Economy
Compared to Europe and Asia, the "frontier states" of the Americas really are something different.
Mises Wire
Will Eliminating Cash Save the Economy?
As another step toward greater use of negative interest rates, the abolition of cash will only lead to the destruction of wealth.
Latest Regs Show “Consumer Protection” Can Justify Pretty Much Anything
When new and burgeoning markets find themselves operating in unregulated territories, it does not take long for the state to intervene.
Our Prospects are Bright
But when it comes to the spread of our ideas, by any reasonable standard the news is all good. Let us recognize that, and build on it.
Why Hillary Clinton Is Not Like Edward Snowden
May more politicians in Washington face the sound of cheers at the suggestion they be held legally culpable for their actions.
Health-Care Cronies Seek Monopoly Powers over Contact Lenses
Some health-industry interest groups think you have too much freedom when it comes to contact lenses.
The 2016 Nobel Prize: Incentives, Property Rights, and Ownership
While not Austrian, the body of work by Hart and Holmström is worth careful study and has interesting implications for Austrians.
Japanese Consumers Not Afraid of Deflation
It turns out that the Japanese people do not have the Apoplithorismosphobia that their government officials have.
The Fed Who Cried “Growth”
The FOMC has consistently overestimated future Fed Funds Rate hikes.
How Medical Licensing Laws Can Shield Incompetent Doctors
The cronyist American Medical Association has forced doctors to choose between protecting "the profession" and protecting their patients.
