Mises Daily

The US government is trying to implement the 21^st century version of the Glass-Steagall Act of 1933.

Hitler wrote, "He turned those businesses that were private elsewhere into municipal enterprises...”

Ayn Rand put things best: "Civilization is the progress toward a society of privacy."

 In any other country where the capital structure is less developed, the transition to price inflation would be more intense and instantaneous.

The introduction of new tighter capital requirements by banks cannot make them more solvent in the present monetary system.

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This youth, one Adolf Hitler, would later weave the tactical and strategic lessons he learned from Dr. Lueger into the infamous doctrine of National Socialism.

I imagined an ancient Keynesius etching a formula like C+I+G+X=Y in stone.

The actions of US companies that have cooperated in the NSA’s mass surveillance operations calls into question the “private” status of these companies.

Part of the purpose of designing such a complicated system was to ensure fine-revenues from those firms that could not comply with it.