Mises Daily

"When the government runs up a deficit to fund 'stimulus' projects, all that really means is that it is forcing taxpayers to pay for projects that they wouldn't buy with their own money."

Old Right journalist Garet Garrett described the New Deal as a revolution against America's tradition of private property, limited government, and the rule of law.

We find ourselves enormously worse off, our economic prospects diminished greatly, and our liberties throttled more tightly by an even bigger Leviathan, with nothing to show for it on the upside but the further enrichment of a handful of big bankers and other malefactors of great wealth and power.

Why do the proponents of global warming try to stamp out dissent? As Horner makes clear, billions of dollars are at stake.

It is imperative that we remain realistic in our assessment of human nature and not forget that the basic principles which produced our prosperity still govern human action."

Forget the tests; just set kids free.

What can be more Austrian than an investment strategy that is based entirely in the notion that the future is uncertain and accurately forecasting it is impossible?

People must relearn that free-market money, or sound money, as Mises put it, is the indispensable element for preserving the free societal order.

"Fred Reed's Reprehensible Curmudgeonry" is a breath of fresh air.

What is required is purging the economy of various false activities that severely undermine its ability to generate real wealth.