Mises Wire

Jeff Sessions's Pot War Is Up in Smoke in Nevada

Blog07/19/2017
Recreational marijuana became legal this month in Nevada. AG Jeff Sessions isn't happy about it at all.

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Here's the True Definition of a Recession — It's Not About GDP

Money and BanksMoney and Banking

Blog07/19/2017
Recessions are the liquidation of a boom that sprang up thanks to a previous period of loose monetary policy.

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Immunity for Prosecutors Encourages Fraud

Bureaucracy and RegulationLegal System

Blog07/18/2017
Prosecutorial immunity provides an incentive to government prosecutors to engage in fraud if it's good for their careers.

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Big Military Spending Boost Threatens Our Economy and Security

Big GovernmentTaxes and SpendingWar and Foreign Policy

Blog07/18/2017
The House overwhelmingly approved a massive increase in military spending, passing a $696 billion National Defense Authorization bill for 2018.

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Don't MacLean on Me

Blog07/18/2017
Here are a few additional mistakes in Nancy MacLean's Democracy in Chains

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To Fix Healthcare, We Need to Repeal a Lot More than Obamacare

Bureaucracy and RegulationHealthTaxes and Spending

Blog07/18/2017
The focus on Obamacare as the source of all our health-care woes has distracted us from the real foundations of the healthcare mess.

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Private Property and Higher Ed

EducationPrivate Property

Blog07/17/2017
In a free society there are no free-speech rights, only property rights. Colleges don't have "free-speech" zones and words don't constitute violence.

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How OPEC Became Irrelevant

The EntrepreneurGlobal Economy

Blog07/17/2017
Traditional oil-producing countries still fail to face the new reality.

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Space Cadets and Sex Changes: Our "Defense" Budget Is a Bad Joke

War and Foreign Policy

Blog07/17/2017
Spending on the military is set to reach a new all-time high. This has a lot to do with politics, and almost nothing to do with defense.

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Even Partial Drug Legalization Goes a Long Way in Protecting Property Rights

Legal SystemThe Police State

Blog07/17/2017
The partial legalization of cannabis in Colorado has made it harder for police to justify many searches and seizures that were once routine.

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