Mises Daily

Not unlike governments, ponzi schemer Bernie Madoff used his victims' money to exhibit his "generosity" through charitable giving projects. 

Anyone reading modern day trade agreements would not be surprised to discover that they focus less and less on reducing import duties, and more on developing national industries, promoting exports, and ensuring domestic policy space.

As one of the most subsidized non-profit organizations in American history, the NFL excels at tackling the American taxpayer.

In its secession effort, Scotland should have employed the methods recommended by Hans-Hermann Hoppe. That is, it should have been done in a decentralized and piecemeal fashion. However, such efforts would have required the Scots to abandon their welfare state.

John Whitehead of the Rutherford Institute talks with Lew Rockwell about his new book, the state, war, police, and education.

2014’s new US Farm Bill eliminates many direct subsidies to farmers, while replacing them with subsidized insurance programs. This will lead to higher costs for taxpayers and distorted markets in the future.

When dealing with people in a potentially hostile environment (such as a zombie apocalypse) how do we decide if we should trade with strangers or kill them? It turns out time preference and the division of labor has a lot to do with it.

The smaller the size of government, the less power it has to hobble free enterprise with taxes and regulations.

The Japanese government claims it’s still fighting deflation, although there are no signs of it in Japan. Through a mixture of chance, habit, and economic sclerosis, prices have been stable in Japan, but Abenomics makes the future of the yen anyone’s guess.

Tax credits and deductions deprive the state of revenue, while allowing greater freedom to taypayers. As such, they are good things, while closing “loopholes” or eliminating tax credits is a very bad thing. Making taxes more “efficient” or “fair” only helps governments and hurts taxpayers.