The enormous size, power, and scope of the modern American state, and the knowledge that it extends to every aspect of life, has made it plausible to even the most ignorant partisan that the next lost election may bring with it enormously high costs and even destruction to one’s way of life.
The NFL is running one of its own games on the public, and as one of the most subsidized non-profit organizations in American history, the NFL excels at tackling the American taxpayer. It should be of no surprise that with its religious-like following, the NFL receives the same tax-exempt status as a church.
This article by David Howden was originally published on Mises.org. Lehman Brothers filed for Chapter 11 bankruptcy protection six years ago this month. The event has become famous as the […]
Enduring the bureaucratic and regulation-ridden work environment, U.S. truckers work tooth and nail to keep supply chains moving and on schedule. Because of regulatory interference, U.S. trucking outfits are among […]
This article by Llewellyn H. Rockwell Jr. originally appeared on Mises.org. Earlier this month, The New York Times wondered aloud if the “libertarian moment” had arrived. A good question, to […]
Historical experience clearly shows that the value of gold vis-à-vis other commodities has fluctuated over the centuries, even when gold has served as the monetary standard. This was certainly the case, for example, when the U.S. returned to the gold standard after the Civil War.
This article by Ryan McMaken originally appeared at Mises.org. The recent civil disobedience, rioting and police brutality in Ferguson, Missouri, reminds us of what happens when police states and bad […]
A debate about job creation in Missouri over the course of 2013 illustrates our continued susceptibility to what Ludwig von Mises called “the fundamental problem of Socialism” — the false idea that politicians and planners can pick economic winners and losers.
This piece, written by Dave Albin, was originally published on the Mises website. Recently, a corn ethanol plant in Nebraska that switched to using cheaper sugar to produce biofuel was […]
History is full of tax revolts. It’s a fairly popular pastime, if historians are to be believed. But when do they come? What’s the spark and what’s the gasoline?
It turns out that George W. Bush hasn’t been spending all of his post-White House time at his easel, painting portraits of foreign leaders and former pets. The 43rd president […]
This essay, written by Brendan Brown, was originally published on the Mises website. First the good news. The House Financial Services Committee has held a hearing on “Legislation to Reform […]
This article, written by Nicholas Freiling, was originally published by Mises on June 17. Minimum wage doesn’t apply to everyone. When Congress first established minimum wage in the Fair Labor […]
This essay, written by Frank Shostak, was originally published at Mises.org. Most commentators are of the view that the massive monetary pumping of the Fed during 2008 prevented a major […]
The Supreme Court’s recent decision on prayer at government meetings reminds me that Supreme Court “season” is upon us. And for the next two months or so, we can expect to see the court decide on a variety of cases that can have profound impacts on the lives of citizens and non-citizens alike.
The popular phrase “the customer is always right” applies quite well to the business world, but when it comes to the roadways, the customer, i.e., the average citizen, is typically wrong in the eyes of law enforcement and legislators. Whereas entrepreneurs in a market setting try to anticipate changes in consumer demand in advance and to solve potential problems before they become problems, bureaucrats simply resort to blaming those they are supposed to be helping, while they allow unsolved problems to compound upon one another.
This column by Ryan W. McMaken originally appeared on the Ludwig von Mises Institute website on April 14, 2014. The militarized siege of a cattle ranch near Bunkerville, Nev., drew […]
The “monetary cranks” and “ignorant zealots” of old are back preaching salvation if only we had more inflation. Writing for the Ludwig von Mises Institute, economist Frank Hollenbeck explains why the Keynesian understanding of inflation is terribly flawed.
Economic inequality is the big thing these days. Barack Obama has called it the “defining challenge of our time.” But wealth inequality is not nearly as out of control as many liberal pundits say.
The Fed has painted itself into a corner. There is no way that the nation can avoid either a recession or the collapse of the value of the dollar.
This column by Jim Fedako originally appeared on the Ludwig von Mises Institute website on March 15, 2014. If I were a business owner, must I sell to you? If […]
This article, written by Mises Daily editor Ryan W. McMaken, was originally published by Mises on March 10. When Barack Obama used the transcontinental railroads as an example of the […]
This article by Gary M. Galles originally appeared on the Ludwig von Mises Institute website on Tuesday, March 4. Mandatory union membership and mandatory dues imposed on those who do not […]