Mises Daily

The state wants regress, and it is giving it to us good and hard.

Somalia is experiencing progress according to several criteria, despite (or, some would say, because of) its lack of a strong central government. As a result, it is by far the fastest growing, fastest improving among all the less developed countries. This should be a model for the world. 

It's going to happen unless we get radical reform soon.

Preferences are ordinal, and our analysis has to reflect that simple, unavoidable fact.

The person of intelligence  tends to "see things as they are," never permits his view of them to be directed by convention, by the hope of advantage, or by an irrational and arbitrary authoritarianism. His consciousness is uncontrolled by prejudice, prepossession, or formula.

Mexico is rapidly withering. Its very life is being siphoned off by a hopeless war on illegal drugs.

The money inevitably flows to the latest speculative fashion, whatever it happens to be.

The world of Thomas the Tank Engine is impressively "bourgeois" — everyone is hard at work building civilization. The reason Thomas is the hero of the show isn't his strength (Hiro is stronger) or his speed (Spencer is faster). Rather, Thomas's one superlative trait is that he's a "Very Useful" engine.

The American empire bestrides the globe, leaving destruction and poverty in its wake.