Mises Daily

Public accommodation laws that prohibit discrimination render property rights moot and create a legal system designed to force agreement with the state's official moral code.

The terms "quid pro quo" has been twisted to now include government handouts and state-mandated exchanges, so long as the value of goods trading hands are deemed to be of "equal value." True voluntary exchange, on the other hand, is something quite different. 

Tom Woods explains the "unacceptable" opinions behind freedom and free markets.

With 100 years having passed since the start of the First World War, the view of the war among historians and the public has evolved in many ways.  Historian Hunt Tooley examines the turning points in how the world sees the Great War. 

The Fed has created a new measure of employment that it says it will use to guide monetary policy. Unfortunately, simply knowing employment trends tells us little about whether or not real wealth is being created in the economy. 

David Gordon and Jeff Deist discuss Rothbard’s life from an insider’s perspective, his relationship with Mises and the areas where they disagreed, and more.

Efficient banks have many options for lenders and credit when banking crises hit. It's the inefficient and insolvent banks that must turn to a central bank. But do we really want central banks that reward insolvency and encourage inefficiency? 

In this review of Radley Balko's Rise of the Warrior Cop Aaron Tao examines the history of government policing, rights that have been lost, and the symbiotic relationship between the police state and the war on drugs.

Ralph Raico remembers his friend, Leonard Liggio.

Once interest rates begin to rise — and rise they must, whether as a result of Fed policy or not — the end of the asset price inflation will be at hand.  The result will be another financial crisis and accompanying recession.