Interventionism

To support free markets is to invite criticism on virtually every policy issue.

A real free trade agreement should be short and unilateral. It would then truly allow the market to bring about a pattern of international trade in line with the scarcity of resources and with entrepreneurial judgment about their most efficient international allocation. The TPP, on the other hand, was created to interfere with this pattern: to distort it for more political power or for more economic gain for some groups or others. It was created to take trade flows from the course prescribed by voluntary agreements and divert them into that prescribed by political agreements. 

Whether it’s the aftermath of the Greek crisis or the ongoing migrant and refugee crisis, the nation-states of Europe, and the EU government, have plenty to worry about. Meanwhile, the world braces for next week's Fed meeting.

Government regulation of immigrants is as illegitimate as any other kind of government regulation. But thanks to centuries of government meddling in private property, it remains very difficult to sort out what rightly is private property and if immigrants are trespassing on it.

The port city Gloucester Massachusetts Chief of Police announced that he was no longer going to arrest hard drug addicts and that indeed his police force would now work to help drug addicts get help

How the war on drugs actually brings about less security and stability in the Western Hemisphere

Bernie Sanders says immigrants are "taking our jobs" and that the state must act to "help [American] poor people." Predictably, Sanders's "solution" is to give more power to the same government that has created the very problems Sanders identifies with too much immigration.

Learn the fundamentals of the Austrian school.

Legal recreational marijuana has now been legal in Washington State for two and a half years. During that time, violent crime has decreased, and the doom-laden predictions of opponents to legalization have failed to come true.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.