Mises Daily

Nonscarce goods are a great gift courtesy of the structure of the world, a boon to humankind, a vast treasure of resources—tools for making the world a relentlessly better place.

Give away what isn't scarce, and make what is scarce — live performance — truly scarce and unique. Sell service and upgrades, and always foster loyalty.

Hoppe has lifted the American libertarian movement out of decades of sterile debate and deadlock, and provided us a route for future development of the libertarian discipline.

There are useful and rich nuggets covering every aspect of Rothbard's intellectual project, starting with his bold call for the necessity of a pure and unsullied libertarian set of institutions and activists.

Bankers can spend their interest payments on real goods and services, thereby returning that money to the public, which can then use it again for further debt payments.

Dissatisfaction with the Treaty of Versailles, as well as the ravages of the Great Depression, brought Hitler to power in Europe.

it is only when great and good men are at the head of a nation that the people can expect to succeed in forming such barriers to counteract recent encroachments on their rights; and whenever a nation is so supine as to suffer such an opportunity to be lost, they will soon feel that the danger was not over.

But the most effective mechanism ever devised for making effective pooling of our faculties as easy as it can be — the free market — is also the natural result of reducing general laws to a bare minimum and leaving people free to make their own choices about their own values.

Bollinger distrusts market competition and he distrusts you and your ability to make choices about what information you wish to receive. He is a dangerous man.

In none of the three cases mentioned above were the students aware of just how close their beloved books had come to a permanent death.