Mises Daily

The United States incarcerates more people than any country in the world today and throughout history. The financial costs are tremendous and rising. It is uncreative, abusive, socialistic, and robs our society and economy of vast human and material resources. It is also un-American.

Support is bought and sold. Assistants change sides. There are lies, betrayal, and bribery.

You can chart the course of human progress in terms of how clean our clothing is. In early times people used animal skins, had no change of clothing, and had no soap. Then history turned on a dime toward progress — until recent regulations.

To Thoreau, the only true duty, which every man owed to himself, is living as deeply and honestly as possible. Politics is not part of that.

The recently announced spending cuts are, in fact, less than 1 percent of federal spending, a token sum that does nothing to fix the long-term budget situation.

Gasoline prices would be 27 percent lower today if the dollar had held its value relative to the euro over the last decade.

They do not comprehend that capitalism, in engendering big-scale production for mass consumption, is essentially a system of wiping out penury as much as possible. 

Many people imagine that authoritarian regimes have an advantage over free societies because they can force people to conform to a rational plan.

Keynes loved the pyramids. The attempt to rehabilitate the reputation of the pyramid project is part of a larger cultural effort to prop up the respectability of government in general and the nation-state in particular.

They did what they were supposed to do. Now, they have few job options at all.