Mises Daily

Today, the main response to ill-effects of past interventions seems to be to create even greater ones.

it needs to be noted that the hypothesis of the superneutrality of money is expressive of the empiricist-positivist approach of modelling economics according to the natural sciences.

"Some illnesses are not insurable without destroying the insurance system."

"FDA bureaucrats are extremely risk averse."

"For more deadly epidemics the importance of competition cannot be overstated."

"There is no market for the judgment that entrepreneurs rely on, and therefore exercising judgment requires the person with judgment to start a firm."

Driven by strong convictions and a fervent belief in freedom, Georgiana was a master political propagandist, a powerful negotiator, an impassioned orator, and a keen political strategist.

Fiat money takes this power out of his hands. The consequence is a greater tendency for capital to be wasted.

The predator state cannot be tamed. Only when the public withdraws its consent will the predations come to an end.

Mises not only outlined the consequences if the government continues to increase the money supply, he also outlined a monetary reform plan.