Mises Daily

"A fall in normal credit (i.e., credit that has an original lender) doesn't alter the money supply and hence has nothing to do with deflation."

In light of the recent multitude of chances for the population at large to be gently introduced to the shenanigans of our Federal Reserve System, I have hope that the lights may come on for enough people before it is too late.

Obviously, the free movement proviso is a far-reaching restriction of the property right of route owners as it would be defined according to the "freedom as property" conception, but it is not an arbitrary restriction — in fact, it is rooted the idea of freedom, which is, or should be, the supreme libertarian value.

Given that we have rising unemployment, a reduction in minimum-wage rates might bring relief to some unemployed workers.

"Thus, the famous 'one-in-eight' hungry Americans include all Americans living in households that, until 2005, were described as food insecure, but without hunger."

In a few brief years the character of the right wing had been totally transformed: Once basically classical liberal, it had become a global theocratic crusade.

What counts in the market are the externalities that can be derived from intellectual property. How to deal with these externalities is, of course, a different matter.

"Without the historical act of saving, which is now embodied in capital goods, there would be no economy at all."

India's ancient and deep religious traditions, combined with a plethora of historical, cultural, and practical reasons, have fostered an unflinching desire to acquire gold as a means of protecting one's wealth.

"The marginal cost of downloads is approaching zero. The access is approaching universal. The capacity for copying is infinite. And the results are everlasting."