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EPISODE · Jul 23, 2025

The Political Economy of Policing

from Mises U 2025 · host Tate Fegley

Tate Fegley examines how the structure of state-run police departments—lacking profit-and-loss mechanisms—leads to systemic inefficiencies, distorted incentives, and unaccountable authority within the public sector.Recorded at the Mises Institute in Auburn, Alabama, on July 23, 2025.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.

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