Mises Daily

What individualism teaches us is that society is greater than the individual only in so far as it is free.

Most economists and policy analysts seem to have a superficial reading of economic variables.
 

Once again government has taken something that was cheap and beneficial and turned it into a monopoly that drives up the cost.

Chadwick believed in incentive-based social reform. He also wrote about moral hazard problems, anticipating many insights of contemporary economics.

Reason has demonstrated that, for man, the most adequate means of improving his condition is social cooperation and division of labor.

No government planner can compete with the resource allocation efficiency of a market system.

Americans’ right to a jury trial does not imply that drafting jurors is the best way to provide that right.

What is needed is fiscal reform. Only drastically cutting government spending will bring back prosperity.

Painful lessons are avoidable when business plans and policies do not violate economic laws and when governments do not interfere.

The good society is an egalitarian one, says Shiller, and finance should not be at odds with this goal.