Mises Daily

The entire Keynesian edifice rests on a central paradox: impeding the central mechanism of the free market will restore prosperity.

"Real GDP has nothing to do with the real world."

"A lesson in basic economics should suffice to defend against the sustainists' attack."

The eloquence was chiefly the doing of Goldwater's speechwriter and principal adviser during the 1964 campaign, the journalist and political ghostwriter Karl Hess. As Hess tells it, Senator Goldwater really was a genuine classical liberal.

Unfortunately, welfarist ideas are still careening down the highway with as much dangerous momentum as was the case when Röpke was still alive.

The expansion of the welfare state is used to legitimize the expansion of the corporatist-warfare state. We march towards slavery, accompanied by songs of fairness and change.

Government jobs offer no opportunity for the display of personal talents and gifts.

"Mandated recycling exists mainly because there is plenty of money to be made by labeling products as "green" or "recycled" to get municipal and federal grants."

"The computer models that incorporate the greenhouse-gas theory are being massively contradicted by current readings."

The paradox is that if Nock had but known it, Columbia College in his day was the nearest approximation to the ideal set forth in his lectures.