Mises Daily

Libertarian science-fiction fans under 40 are probably at least a little unclear on just who or what the Futurians were.

Prior to the advent of Medicare and Medicaid, individuals paid for the majority of medical goods and services out of their own pocket and utilized health insurance as a rational tool for mitigating financial risk posed by catastrophic events.

Human life is dependent not only on the knowledge of right principles; it relies, also, on actions in accord with right principles.

The emptying of cities is not a good trend. It is the city that breeds civilization and civilized life.

Without government, unemployment could be relatively easily alleviated.

In a police state, we're all criminals. How many laws have you broken today? This week? This month? Have you changed lanes without a turn signal? Exceeded the posted speed limit? Hired a neighborhood kid to cut your grass and then paid him under the table?

In late June the Mises Academy will launch my new online class, <a href="http://academy.mises.org/courses/keynes-krugman-and-the-crisis/">Keynes, Krugman, and the Crisis</a>.

This company adds to the value of its product by not violating the rights of the consumer.

Articles like Heilbroner's "Putting Economics in Its Place" remind me of why I am an Austrian. Those who can properly be considered Austrians are at the forefront of economic — more accurately, praxeological — science. Everybody else, with time, will come to us.

The Grand Bazaar in Istanbul has been a beehive of mutually beneficial exchanges for 550 years. Price tags are rare at the Grand Bazaar. Show any interest in an item at one of the 4,300 shops in the bazaar and the proprietor or store employee will engage you immediately.