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Politics

In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...

Politics

The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to...

Politics

Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and...

Politics

While state power has smothered French society for more than four centuries, the problem is becoming worse, as the government deliberately undercuts the market...

Politics

Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined the Mises...

Politics

Through the creation of a dizzying array of regulatory agencies and appointments of favorable personnel, big business successfully established a network of government-mandated cartels...

Politics

The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.