Mises Daily

Walter Block’s new book Toward a Libertarian Society covers a wide variety of topics from the death penalty to secession, and from war to macroeconomics.
 

Many Christians call for legislation to regulate, control, and ban activities that they deem as social vices.

It is a great irony that visions of socialist harmony necessarily result in rancorous and destructive struggles among groups with contradictory visions of the good society. It is perhaps equally ironic that profit-driven competition in markets results in the highest attainable degree of social harmony. Yet, this is how the world really works.

ECB’s Mario Draghi has taken over from Ben Bernanke as the world’s most enthusiastic money printer.

For 100 years, the Fed has served to protect the interests of powerful banks through inflationary monetary policy. The Dallas Fed opened an historical exhibit, the Kansas City Fed released a documentary, and the New York Fed even started a Facebook page, all to commemorate the date.

Jeff Deist talks with Tom Woods about Congressional staffers and the DC establishment's grudging respect for the Ron Paul revolution.

The notion of limited government is incapable of being realized in practice. If there is a monopoly government, any limitations on the government must be ones the government has imposed on itself. To expect this sort of limitation to be effective is futile.

A result of a complex system of subsidies and other government favors, it is unclear that fracking would be sustainable in a truly free marketplace.

Many Americans, perhaps a substantial majority, still believe that labor unions are fundamental to the well-being of workers. In fact, labor unions work to prevent increases in the productivity of workers, which is ultimately the only way to increase real wages.

There is a little-known loophole in federal law that allows for people with disabilities to be employed at wage rates below the minimum wage. Why the exemption? It’s an effort to lessen unemployment among the disabled, and a tacit admission in federal law that minimum wages cause unemployment.