Mises Daily

Discipline after discipline has been invaded by an arrogant band of hermeneuticians, and now even economics is under assault.

The aim of the law should not be to constrict but to maximize price freedom and market freedom.

In that epoch of virtually unchallenged Keynesian ascendancy, Hutt's work was a beacon for those who defended the truth that economics is about the choices and actions of real human beings.

A bureaucrat differs from a nonbureaucrat precisely because it is impossible to appraise the result of a bureaucrat’s effort in terms of money, however important his "output" may be. 

Misesian economics is a foremost threat to the state for it explains the working of the natural order of society and the crippling effects of state interference.

Quite unlike the Christian view, Hegelian and Marxist thought depends on the idea of a universe in which a cosmic blob  of "humanity" is reunited with God through the "dialectic."

War is only proper when the exercise of violence is rigorously limited to the individual criminals. How many wars have met this criterion?

"The worst failures of money, the worst things done to money, were not done by criminals but by governments."

The Austrian approach to economics dispenses with the idea of "economic man," and broadens economics to include all action, which takes place in a framework of scarcity. 

The only permanent way to cure poverty is to increase the earning power and productivity of the poor.