Mises Wire

Nordic countries prospered in spite of the Scandinavian model, not because of it.

In this week’s debate, Bernie Sanders claimed that the United States has the highest rate of childhood poverty.

Because conservatives are only nominally less statist than today’s progressives, socialist policies that would have sounded outrageous to many Americans 100 years ago are now the baseline for the modern American political mind. Bernie Sanders is capitalizing on this reality.

The “true money supply” measure is a measure of the money supply pioneered by Murray Rothbard and Joseph Salerno and is designed to pro

Privatizing garbage collection isn't exactly a tough nut to crack from the perspective of entrepreneurs and economic theory. But that doesn't stop government from mandating a government monopoly on trash collection in many places.

Progressives would have us believe that they protect ordinary people from greedy corporations. But in truth, policies like Obamacare and Cap and Trade are immense crony capitalist deals that cartelize markets and greatly favor politically connected corporations.

The Fed’s responsibilities keep expanding. A 1977 update to the Federal Reserve Act included the goals of “maximum employment” and “stable prices”. Many economists, even in the mainstream, criticize this dual mandate as a difficult, if not impossible, balance.

I’ve noticed that the following Rothbard quote tends to circulate periodically amongst free-market groups:

In his new book By the People, Charles Murray claims that government has become tyrannical, and therefore people ought to disobey bad laws. But only some laws, Murray explains. Tax laws are just swell, as is the foreign-policy status quo.