Mises Daily

Because they can't find jobs, 85 percent of college grads move back in with their parents after they graduate.

The Mises Institute has character and warmth, and the place is bursting with ideas.

Despite the billions and the debt, the depression was back. And it was not a new depression. It was the old one, which had not been driven away but merely hidden behind a curtain of 15 billion dollars of new government debt.

A liberal society comes about when Crusoe and Friday peacefully cooperate to perform feats of labor.

This article originally ran on Tuesday, February 17, 2009. It was near the low of the last stock-market cycle.

The "fundamentals" of the economy have been and remain awful, because the government and Federal Reserve are consistently doing the wrong things. The apparent recovery, fueled by Bernanke's sheer money creation, has been bogus all along.

Bad ideological trends will result in the complete cessation of any voluntary saving and capital formation on the part of individual citizens. 

What once was believed to be a city of destiny (paradise on earth) is being destroyed by government looting.

Thousands of students have passed through. Our graduates are teaching in universities around the world, writing financial newsletters, cranking out books to explain how the world works, starting great new enterprises, and playing a key leadership role in the world of ideas.