Mises Daily

The Fed's present monetary policy appears to be ineffective. Despite massive pumping by the US central bank, commercial bank lending displays sharp declines.

"We know of no force which could act for the satisfaction of human desires so as to make the satisfaction equal for a number of men…"

There was a time not too long ago when America's healthcare was considered the best in the world and it was affordable to all.

Once the war began, Lincoln conducted himself as a thoroughgoing dictator, and DiLorenzo gives a full account of the president's suppression of civil liberties.

The Communists rebuff any connection with the bourgeoisie. Even if the Front Populaire were to be renewed, an affiliation with the Communists would hardly be realizable for monarchists.

As for the old conservative claim that libertarians are insufficiently worried about the Soviet threat and too much about garbage collection, note that the Soviet Union is gone and the garbage problem is still with us.

From the point of view of a cynical world the American who entered two world wars and won them both, when his own interest was not paramount, was either an inscrutable hypocrite or an unbelievable romantic, and in either case a dangerous possessor of the world's ultimate power.

If pushed too far, Cowen's line of thought could lead to an undue subjectivism, in which people's perceptions and classifications, rather than what actually occurs, would be the sole issues of importance.

Rothbard's willingness to engage in frank criticism of bad ideas from any source only underscores his insistence on honesty and independence of mind.

Printing green pieces of paper doesn't make an economy richer. If done without restraint, it leads to runaway price inflation. As an added downside, it also allows governments to slaughter millions of people. (The world wars could not have been waged if the belligerents had stuck to the gold standard.)