Those who wish to portray Ludwig von Mises as the "moderate" one, compared to the more radical Murray Rothbard, will often point out that Mises was no "anarchist."
Last week, the Bank of Canada announced it would stay at 0.5 percent for its target overnight rate (the equivalent of the Federal Funds Rate in the US).
The Fed announced today that, as expected, it will not change the target Federal Funds Rate. This follow's last month's rate change when the Fed increased its target rate from 0-0.25 up to 0.25-0.50, which was the first increase in seven years.
The exhortations of our rulers and their crony fractional-reserve banksters to renounce our irrational desire to hoard cash and embrace a brave new cashless world appear to be falling on deaf ears.
Today's Mises Daily outlines some of Mises’s ideas about the economics of immigration. As always, Mises is thoughtful and perceptive, and continues to offer fresh insight decades after his death.
Beginning this week, Business Insider now reprints selected articles from Mises Daily and Mises Wire, and will bring Mises.org content to a new and large demographic and audience.
The whole concept of the "living wage" was once a benchmark used to evaluate the worth of a human being. That is, if you couldn't earn a living wage, you were ripe for sterilization.
