Mises Daily

If you think healthcare pricing seems nonsensical now, just wait until you see what happens when mandated coverage removes any semblance of rational insurance pricing.

The so-called "art of central banking" lies in picking the "right" target interest rate. But, there's no way to know the "correct" rate without giving markets freedom from central bankers.

The fact that men are born unequal in regard to physical and mental capacities cannot be argued away.

Besides national defense, no government-provided service enjoys as much exemption from scrutiny as the provision and subsidization of primary public education.

Whether or not anti-trust legislation remains helpful to consumers, or makes any economic sense, remains entirely debatable.

The professional custodians of American views of history have always named the same presidents as "great." It's always the presidents who abused power frequently, and expanded government power the most.

As flaws in the system of fractional-reserve free banking began to appear, private central bank-like institutions known as clearinghouses sprang up, and they helped pave the way for the Fed.

Each physical unit of a means that enters into human action is valued separately.

Mises wrote this essay in 1940 from Geneva, where he lived after Nazis forced him out of Austria and his apartment was ransacked by German troops.

The envious are not satisfied with equality; they secretly yearn for superiority and revenge.