SEZs are loopholes, and capitalism breathes through loopholes. But like all loopholes, they tend to benefit those who can afford to hire the lawyers who can identify said loopholes. Original Article: "What Would Mises Have Thought of "Special Economic Zones"?" This Audio

Although covid cases in Austria—and most other countries—are rapidly falling, Austria has doubled down on punishing the unvaccinated and become the first country to mandate vaccination for all adults. Original Article: "Austria Doubles Down on Forced Vaccinations" This Audio Mises Wire is

In the months since Angela Merkel’s departure from the German Chancellorship after sixteen years in power, the editorials praising her reign have been legion. This is not one of them. Busy heaping praise on abstractions, Merkel’s purported courage, strength, and moral conviction,

The financial woes of the giant real estate developer Evergrande, which carries an estimated debt of $300 billion, have rekindled global fears that China’s property bubble is about to burst. Such predictions have occurred repeatedly in the past, in particular

Jeff and Bob discuss Biden's SOTU, the immorality of sanctions, and Fed chair Powell's pregnant comments.

On Whom Does the Incidence Fall? Whenever a law or labor union pressure burdens the employers with an additional expenditure for the benefit of the employees, people talk of “social gains.” The idea implied is that such benefits confer on the

Persons have a natural right to go into business together, and they may do so either as a partnership or a corporation. In the latter type of organization, the persons setting it up limit their civil liability (I won’t be

Whenever the signs of an economic weakness emerge, most economic and political commentators declare that the government should increase spending in order to prevent the economy falling into a recession. Economic activity, in this view, consists of a circular flow

In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the fallout from the first week of the Ukraine-Russian conflict. What is the impact on American politics? Are Western leaders capable of de-escalation? What will be the lasting

A free market, capitalist, exchange, political, economic system is far more environmentally friendly than any statist system, including the welfare state, socialism (whether democratic or centrally planned), or fascism. To demonstrate this, I would like to engage in some conjectural