For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even ...

What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being ...

With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in ...

While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of ...

Is Britain poorer than Mississippi? Taking into account welfare benefits and taxes, the answer appears to be yes, and it's ...

The Trump administration continues its assault on the First Amendment and the rights of dissenters. The latest casualty is a ...

Economists like to claim that expectations of more inflation lead to, well, more inflation. Such beliefs ignore the fact that ...

President Trump threatened to invade Mexico—all in its best interest, of course—in order to smash the drug cartels that are responsible for funneling ...

Warren Buffett is well-known for his investment acumen, and he often makes public statements in favor of capitalism. But his ...

While Ben Bernanke has accused free market and sound money advocates of pursuing “discredited” systems, he and his ...

Richard Cobden was a British champion of laissez-faire who served in Parliament. While there, he led to successful campaign ...

Free Trade in the Twenty-First Century: Economic Theory and Political Reality, edited by Max Rangeley and Daniel Hannan: Mises.org/MI_113_Book April 26 in Phoenix ...