Mises Daily

Posner is — to the best of my knowledge — a magnanimous person with a genuine concern for the lives of millions of Americans, but his book, if heeded, will only exacerbate current conditions.

To avoid runaway inflation we must have the resolve and the will to cease the inflationary expansion of credit, and to force the Federal Reserve System to stop purchasing assets, and thereby to stop its continued generation of chronic, accelerating inflation.

To draw insights from all sources is to create the kind of diversity that makes for a vibrant and productive intellectual paradigm and an endlessly fascinating website erected in the defense of liberty.

There are no natural laws governing the behavior of complex systems.

"To all collectivists, including Dickens, the idea that more wealth could be created never manages to invade their imaginations."

"Savings are an indispensable prerequisite for increases in productivity that involve lengthening the structure of production."

The inevitable result will be the complete dissolution of the private health-insurance market.

The Austrian, broad approach to the study of social reality is something which legal theorists could very much benefit from.

"Only savings can allow for sustainable economic growth."

The human desire for freedom has always run up against those who believe "too much" freedom is a bad thing and that the "common good" — as defined by some elite — outweighs the rights of the individual.