Mises Institute

• Crony Capitalism and the Transcontinental Railroads
  As the first transcontinental railroads took shape with the signing of the Railroad Act in 1862, there was no economic justification for them. This is why the first transcontinentals were all creatures, not of capitalism or the private markets, but of government. There simply was not enough people west of the Mississippi. […]
• Robert Taft and His Forgotten “Isolationism”
  "It turns out that Taft was right on every question all the way from inflation to the terrible demoralization of the troops.” […]
• How the NSA Made Your Legal Defense Illegal
  The U.S government has deemed all evidence of spying to be Top Secret, and maintains it’s illegal for you to know about it or use it in court. […]
• Planning an Economy Is Not Elementary
  Substituting happiness and good-will perceptions for prices is no solution at all. […]
• How Inflation Destroys the Wealth of Nations
  The current crisis and impending collapse of the EMU are attributable to profound flaws in the original monetary foundations of the euro. […]