Mises Daily

"It turns out that Taft was right on every question all the way from inflation to the terrible demoralization of the troops.”

The U.S government has deemed all evidence of spying to be Top Secret, and maintains it’s illegal for you to know about it or use it in court.

 

In the absence of prices, could a central planner efficiently run an economy?

The current crisis and impending collapse of the EMU are attributable to profound flaws in the original monetary foundations of the euro.

Unions and collective bargaining are not necessarily illegitimate. Workers who seek other arrangements are not “free riders” but are victims of union monopoly power.

It isn't in the nature of government to cut back on any of its programs, projects, legislation, taxes, you fill in the blank.

The special interests on the left and the right ignore the history of water in the west and the failings of the present system.

Most economic commentators blame weakening economic data on recent bad weather in the US. Many assume it will improve once consumers can go out and spend again. But it’s more likely weakening trends are in response to the emerging economic bust brought about by a decline in the growth momentum of the money supply.

Fixing things ourselves is often a costly process because the act of repairing something is often a recreation of the manufacturing process. Getting a machine back to working, you tread the same steps that were done at the factory. The problem is, the manufacturer will always be better at putting together machines.

Austerity to a politician means higher taxes on personal income and small businesses; never the sacred government trough. Keynesian stimulus does not work. The IMF-inspired austerian approach does not work. Real austerity means eliminating regulators and regulations, cutting taxes, and selling government assets.