Interventionism
Social Darwinism and the Free Market
President Obama called a budget proposal of his Republican opponents in Congress "thinly veiled social Darwinism." Mises guides us to the proper response.
Defending the Slumlord
The owner of ghetto housing differs little from any other purveyor of low-cost merchandise.
Tax-Loving Conservatives
Hamilton wanted higher federal debt because he wanted investors in government IOUs to commit to the survival of the US government itself.
Who Owns Water?
We now have a libertarian benchmark to apply to the difficult problem of water ownership.
The Crippling Nature of Minimum-Wage Laws
There is only one way to regard a minimum-wage law: it is <em>compulsory unemployment</em>, period.
Fractional Reserves and Economic Instability
Better economists recognize fractional-reserve banking as a major source of financial and economic instability.
The Many Collapses of Keynesianism
It is obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end.
The Road to Totalitarianism
The greatest threat to American liberty today comes from within. It is the threat of a growing and spreading totalitarian ideology.
Yet Another “Operation Twist”?
The Fed's plan will fail: a fall in interest rates cannot cause the economy to grow.