Mises Daily

Friedrich August von Hayek: Grand Seigneur on the Fence

The concept of the perfect system of government is fallacious and self-contradictory.

The Jeffersonian states'-rights tradition is the key to understanding why Thomas Jefferson believed that the best government is that which governs least.

The claim by "Adam Smith" that capitalism is what currently exists around the world is flatly mistaken.

Should profits give way to social or environmental concerns? The results would be disastrous.

To suggest that people have an unlimited demand for money is not realistic, given  that people require goods to support their lives and well-being.

This course, the first of a two-part series, will cover the first volume of An Austrian Perspective on the History of Economic Thought.

Scottish banks were not free (they too pyramided on the Bank of England) and, not surprisingly, they worked no better than the English banks.