Mises Daily

Even if GM itself was unable to survive bankruptcy, the resources freed from its grasp could be hugely beneficial to other automotive companies that make products that American consumers value more.

Google Trends records a massive increase in searches for Austrian economics, with the leading city for most such searches being Washington, DC, but extending to all areas of the world.

"The egalitarian world would necessarily be a world of horror fiction — a world of faceless and identical creatures, devoid of all individuality, variety, or special creativity."

Even zero inflation is too much when an economy is experiencing overall improvements in productivity. Sound policy in that case calls for deflation at minus the rate of productivity growth.

For until Rothbard's work is carefully studied by every advocate of liberty, the value of his contributions to the libertarian system cannot be fully appreciated and, moreover, the unity and true historical context of libertarianism will not even be fully grasped.

As I've said many times, the real problem is not the person; it is the institution.

What drove Lew forward was a passion for truth, and the belief that there should be a market for these ideas. If one didn't currently exist, he would make sure that one would be created.

But even "free market" media such as the Wall Street Journal cling to Keynesian pump-priming, which — by the media's own admission — didn't help Japan and in fact caused the housing boom.

Our actual Constitution, one of congressional preeminence, has been replaced by the Happy Convention, in which the president and Supreme Court have supplanted Congress. No Jeffersonian can accept this.

"Great Britain's private coins were more popular than official ones, and for good reason…"