Mises Daily

"The true villains were clearly the bankers themselves."

Abuse of the GDP equation leads economists and pundits to blame savings and praise reckless consumption, to hate imports and love exports, and (in principle) to attribute a doubling in the flow of goods coming out of factories to a nonchange in the level of a nonexistent stock of inventory.

"Every tyranny must necessarily be grounded upon general popular acceptance."

I do not ask that you place hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break into pieces.

Libertarians should not shy away from presenting "policy issues" in terms of their actual meaning — in terms of criminality versus law.

"There is much more certainty in a decentralized legal system than in a centralized, legislation-based system."

Moreover, the obligations of nondiscrimination and transparency will have negative effects on innovation, investment, and prosperity, instead of the positive effects that may be expected from the openness of the Internet.

State-issued money, as the "critical command post," serves to subtly reinforce the authority of the state, insidiously plunder the savings and purchasing power of its subjects, and massively manipulate the economy.

"There is no such thing as a nonspeculative investment.… In a changing economy action always involves speculation. Investments may be good or bad, but they are always speculative."

Let us adopt the love of peace, that Christ may recognize his own, even as we recognize him to be the Teacher of Peace.