Mises Daily

Thinking through the economics of big cities sheds light on general principles of free markets.

So, isn't it time to demythologize all of this? Treasuries are bonds just like any other bonds. There's nothing magic, mythical, or sacred about them. A default on US government debt is no more or less radical than a default on any other kind of debt.

Should the central bank try to simulate the banking system and stabilize money velocity?

People who lack self-confidence aren’t likely to support efforts to achieve a free society, or even to understand why a free society is a desirable goal.

There has never been a better time to be a student of scholarship in the long-lived liberal tradition.

Can we please stop putting down paid work? Unpaid work lacks the feedback of market prices.

We should hope that the medical art is not co-opted by governing elites (including those with an MD or MPH after their name) who believe that practicing medicine is as easy as checking off boxes and interpreting numbers on a computer screen. Such a simplistic view is undoubtedly a fatal conceit.

The question in the popular press is, "Which economic policy is the best to alleviate the recession?" Wrong question.