When Iceland Totally Froze
When the dust had settled, the crisis had wiped out trillions of dollars of investments, and the previously well-functioning credit markets had stalled.
Mises Daily
Displaying 2341 - 2350 of 6742
The Disarming Honesty of Henry David Thoreau
If you want to know Thoreau, you had better pass up the diagnosticians and get down to reading Thoreau himself.
Life with the Fed: Sunshine and Lollipops?
The fake version of history says that without a central bank or its lesser cousin, a national bank, we had nothing but boom, bust, and sorrow — but since the creation of the Federal Reserve System, it's been nothing but sunshine and lollipops. Let us take a look.
The Cure (Low Interest Rates) Is the Disease
The artificial lowering of the interest rate causes malinvestment and the ensuing financial and economic “crisis.”
Why Are People So Forgiving of Government Failure?
Social Security only persists because we have been conditioned to approach public-sector performance with lower expectations.
Criminal Justice Is No Job for the State
The United States has the highest incarceration rate of any country in the world, with 1 in 100 people behind bars. The prison population in America equals that of the cities of Los Angeles and Miami combined. This is an egregious form of statism. It's time we stop ignoring this issue.
Is Inflation Harmless or Even Good?
A Fed employee argues that inflation is harmless. I argue that it is a rip-off for everyone who uses dollars.
Is Humanitarian War the Exception?
Many people who otherwise oppose war in general terms make an exception for a so-called humanitarian war, such as the war in Libya.
An Anti-Socialist Journey
There are two socialist paths: that of the German model and that of the Russian model.
What’s a Job Good For?
The statistics are shocking: teens no longer have jobs. This is new. And this is a disaster. Here's why.
