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...
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In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...
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...
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...
While state power has smothered French society for more than four centuries, the problem is becoming worse, as the government deliberately undercuts the market...
President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set...
Before leaving office, President Joe Biden posthumously pardoned black nationalist Marcus Garvey, who was convicted of mail fraud in 1923. Like other dissenters that...
Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined the Mises...
Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of...
How can we determine if a private company is a true partner of the state—truly benefiting from state power—or if the private company is...
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...
The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.
We are aware how the Federal Reserve’s actions help to finance the reckless profligacy of the US Government. However, most people don‘t know that...