Mises Daily

It is obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end.

The current financial crisis is no accident. It is the predictable and logical result of fractional-reserve banking and the symbiosis between politics and banking that make this system possible. Only a return to legally sound banking principles can remedy this unfortunate situation.

Last week, I reviewed, in not altogether favorable terms, Stefan Molyneux's book Universally Preferable Behavior. The author has replied.

The greatest threat to American liberty today comes from within. It is the threat of a growing and spreading totalitarian ideology.

The Fed's plan will fail: a fall in interest rates cannot cause the economy to grow.

Power lovers hate free choice, so they hate free trade.

Although largely forgotten today, repudiation of public debt is a solid part of the American tradition.

The Austrian School's core theoretical doctrines apply to everyday, pedestrian, ordinary economic problems.

The details of the Clintonian plan, however diabolic, are merely petty demons compared to the general principles, where Lucifer really lurks.

Austrians wish to extend their laissez-faire views to the creation and sale of a specific commodity: money.