Mises Institute

Privatize The Public Monuments

"...when approaching the problem of government monuments and memorials, we encounter the same problem we have with public schools. Whose values are going to be pushed, preserved, and exalted? And, who's going to be forced to pay for it?"

Decentralize The Gun Laws

"With a Republican in the White House, the anti-gun-control lobby smells a bit of blood in the water. Now is the time, they suggest, to pass national gun-licensing reciprocity laws forcing gun-restrictive states to recognize permits issued by gun-permissive states."

How Welfare States Make Us Less Civilized

"What’s happened over the course of the last century with the rise of the democratic welfare state is that these market-based bonds between people within a community have been severed... As these bonds between people are severed, the threshold to engage in criminal behavior becomes lower. "

How Central Banking Increased Inequality

"The rise in income inequality over the past 30 years has to a significant extent been the product of monetary policies fueling a series of asset price bubbles. Whenever the market booms, the share of income going to those at the very top increases."

Before "Fake News," America Invented "Pseudo Events"

"In the wake of the Chalottesville riot, it's been interesting how quickly the focus has shifted away from the actual events in Charlottesville and toward the public pundits and intellectuals are expressing opinions about the events..."

Spitznagel: Why Cryptocurrencies Will Never Be Safe Havens

"Cryptocurrencies are a very important development, and an enormous step in the direction toward the decentralization of monetary power. This has enormously positive potential, and I am a big cheerleader for their success. But caveat emptor - thinking that we are magically creating new stores-of-value and thus a new safe haven is a profound mistake."

The Wrong Narrative In Charlottesville

"The political violence in Charlottesville yesterday was as predictable as it was futile...This relentless politicization of American culture has eroded goodwill and inflamed the worst impulses in society."

Mainstream Media's "Rural Resentment" Myth Is Misplaced

"... the American media will continue to run stories that attempt to understand "rural resentment" and the rural voters who voted for Donald Trump. For the average journalist, these people must seem exotic, unknowable, and possibly worthy of study like animals in a zoo. "

Central Banks Are Hiding The True Price Of Risk

Central banks have put investor risk aversion to sleep: Under their guidance, financial markets are now betting on, and have high confidence in, monetary policy makers successfully fending off any new problems in the economic and financial system.

The Rise Of Zombie Companies (And Why It Matters)

"The citizen does not benefit from the zombification of the economy. The citizen pays for it. How? With the destruction of savings through financial repression and the collapse of real wage growth. Savers pay for zombification, under the mirage that it 'keeps' jobs."