Mises Daily

"The more these readjustments are delayed," Rothbard explained, "the longer the depression will have to last, and the longer complete recovery is postponed."

Garet Garrett spoke boldly and consistently against "the dim-out of the individual" represented by the political centralization and bureaucratization of American life under FDR.

"Naïve trust in the power of words to command reality is found in all mass delusions."

Not all reforms are improvements. As we have seen, the 100-percent-reserve solution is ripe with unintended consequences.

In order to make it easier for the central banks to embark upon credit expansion, the European governments aimed long ago at a concentration of their countries' gold reserves with the central banks.

John Calvin's social and economic views closely parallel Luther's, and there is no point in repeating them here. There are only two main areas of difference: their views on usury, and on the concept of the "calling."

In this country today, and it is also true of most other nations, many professional historians gladly falsify history quite voluntarily.

The state benefits from the shortage of information that the speed of events imposes on people."

A libertarian approach to adoption, as Murray Rothbard laid out in his Ethics of Liberty, would solve the Haitian crisis in a swift and orderly manner.

Capitalism sought to unleash the cooperative and competitive spirits of the human person and ended up abolishing scarcity in life's most valuable things.