What Real Tax Reform Looks Like

By: Mark Thornton It is obvious to most people that real tax reform means reducing taxes and government spending. However, in the current tax reform “package” there are all sorts of changes in the tax rates, tax brackets, deductions, exemptions etc. But the end result is virtually no net tax […]

De-Homogenizing Cryptocurrencies

By: Demelza Hays For the past month, Bitcoin has reached a new all time high every week. On December 11, Bitcoin reached it’s all time high of over $17,000 per coin. Bitcoin witnessed an impressive 1600% increase in value during the past year. The cryptocurrency market increased from $18 billion […]

A Word of Thanks, Lew

By: Jeff Deist Many Mises.org readers know that Lew Rockwell, founder of the Mises Institute and quiet benefactor to countless individuals in libertarian circles over the decades, continues to recover from a recent back injury. While the episode has not quelled his enthusiasm for liberty, recovery is no picnic. Apparently medicine remains […]

In a Stateless World, Can You Grow Veggies In Your Front Yard?

By: Ryan McMaken The Miami Herald reports that a local couple is going all the way to the state supreme court to fight a local ordinance banning front-yard vegetable gardens:  Hermine Ricketts and her husband Tom Carroll may grow fruit trees and flowers in the front yard of their Miami Shores […]

Do Graduate Degrees Produce Value?

By: Peter G. Klein One of the more contentious aspects of the tax reform bill currently going through Congress is a proposal to treat the value of graduate-student tuition waivers as taxable income. In the US most PhD programs charge tuition, like undergraduate programs, but PhD students are typically granted […]

Kansas Bleeds

By: Chris Calton After the fraudulent elections in the Kansas Territory, tensions erupted following the death of a Free State settler. The pro-slavery and anti-slavery settlers took up arms in the Wakarusa War and the Sack of Lawrence. In Washington, the Kansas controversy led to the brutal beating of an […]

No Neutral Ground: The Problem of Net Neutrality

By: Brian Dellinger On November 21, the Federal Communications Commission announced plans to revisit its Obama-era internet regulations. It seems likely that the resulting vote will repeal the policies often referred to as net neutrality. The name is, perhaps, misleading; to support net neutrality is to support placing the internet more […]

Asset Prices Are Prices Too

By: Thorsten Polleit We live in inflationary times. Some people might consider this statement controversial. This is because these days inflation is widely understood as a rise in the consumer price index (CPI) of more than 2 percent per year. However, there are convincing reasons to question this viewpoint. On […]

There Can Be No Compromise

By: Mises Institute One of Ludwig von Mises’s most important political speeches is our year-end gift for donors! Receive this beautifully printed minibook to enjoy yourself, or to give to friends or family. Throughout his life, Mises was criticized — by allies and foes alike — for his unwillingness to compromise […]

Government Should Leave Bakers Alone

By: Ron Paul Last week the Supreme Court heard oral arguments in the case of Masterpiece Cakeshop v. Colorado Civil Rights Commission. The case stems from the refusal of Masterpiece Cakeshop, a bakery, to bake a wedding cake for a same-sex couple. The bakery was found guilty of a civil […]

A Small Revolution

By: Jeff Deist Dr. Robert Murphy and I enjoyed a robust discussion of the current political landscape this past weekend at the University of Central Florida. A significant percentage of attendees, maybe half, agreed with the proposition that the US is past the point of political solutions. Everyone agreed, regardless […]

Net Neutrality and the Problem with “Experts”

By: Ryan McMaken The FCC is preparing to vote this week to roll back “net neutrality” regulations adopted in 2015. Supporters of net neutrality claim the regulations protect internet traffic from discrimination and ensure broadband providers don’t abuse their power as gatekeepers to the internet. Supporters also claim “[n]et neutrality is the principle […]

The Non-Crime of “Lying to the FBI”

By: Ilana Mercer In a fit of pique in 2016, then-President Barack Obama expelled Russian diplomats from the United States. K. T. McFarland, Michael Flynn‘s deputy in the Trump transition team, worried that Obama’s expulsion of the diplomats was aimed at “boxing Trump in diplomatically,” making it impossible for the president […]

The Fed’s Fantasy on Neutral Interest Rates

By: Frank Shostak In her testimony to the Congress Economic Committee on November 29, 2017, the Fed Chair Janet Yellen said that the neutral rate appears to be quite low by historical standards. From this, she concluded that the federal funds rate would not have to increase much to reach […]

NRA-Republican Backed Bill Makes it Easier for Feds to Disarm Citizens

By: Tho Bishop On Wednesday, the Republican controlled house voted to further federalize gun laws in this country. While Ryan McMaken has noted the danger in further centralizing gun legislation, there is another deeply troubling aspect to this bill: it expands the ability of the Federal government to restrict Americans’ right […]

Bitcoin Loses Steam as Steam Loses Bitcoin

By: Matthew McCaffrey The skyrocketing price of Bitcoin has dominated the financial news for the past few weeks, and the usual suspects are queuing up to offer predictions about its continued rise or inevitable fall. Yet it’s not all good news for fans of the cryptocurrency: in a notable decision, […]

The US Constitution Was Never Necessary for Military Defense

By: Ryan McMaken Before the US Constitution of 1787 was ratified, its proponents have claimed a centralized and powerful American state was necessary for the purposes of military defense. But, as the Anti-Federalists of the time pointed out, the older constitution (known as the Articles of Confederation) had already been sufficient to […]

America’s First Civil War

By: Chris Calton In this episode, Chris Calton talks about the Kansas-Nebraska Act, which only compounded the growing tensions over the slavery question. Following the act, Kansas settlers would face voter fraud, leading to the formation of two competing territorial governments. The fallout led to a small-scale civil war. Powered […]

Man, Economy, and Sexual Harassment

By: Christopher Westley When reading about the curious case of Garrison Kiellor, the public radio icon fired for what he considers an innocent misunderstanding—or was it payback for his defense of Senator Al Franken?—I noticed a line in a comments section about where today’s raging response to sexual harassment (among […]

Why the Deep State Is at War With Trump

By: David Stockman If you were a Martian visitor just disembarked from of one of Elon Musk’s rocket ships and were therefore uninfected by earth-based fake news, the culprits in Washington’s witch-hunt de jure would be damn obvious. They include John Brennan, Jim Comey, Sally Yates, Peter Strzok and a […]