Mises Daily

Now that the debt "crisis" is over, we can explore two of the wackier proposals that emerged during the panic. 

After three-plus years of floundering around, a consensus has finally arrived that we are back in recession. Growth is not happening. The meager statistical growth of the past few years — no one dared claim it amounted to full recovery — was probably illusory.

Never trust a law named after a person. It is most likely a politician's act of self-aggrandizement or the result of public frenzy. Caylee's law is the latter. It is a bad law that rests on the positive obligation to report to the government.

Ideas, be they right or wrong, are indestructible. The only possible change is people's attitude toward them.

Government-sponsored monopolies should be abolished where they seem to be most integral to our society.

The US healthcare system is a complex leviathan of interdependent cartels rather than a free market.

Food was the symbol and reality of prosperity. Food meant the good life. Food meant security, health, and happiness.

The Malthusian fallacy created the common view that economics is cold, hardhearted, excessively rational, and opposed to the welfare of people.

I never heard a word of personal bitterness or resentment from his lips.