Mises Daily

Economic agents in general and companies in particular can only rehabilitate their finances by cutting costs (especially labor costs) and paying off loans.

If the market is left to its own devices, the price will be an accurate reflection of what something is worth at a given point in time. When the government intervenes, it forces the prices to lie: the signals about the costs and benefits of different actions will be distorted.

Nothing government can do can take away our freedom; and if we are a people who are truly free, the government will have to follow.

     This term “democratic” gets tossed around a lot, usually in a positive, “power to the people rather than

In fact, the government has already tried and failed to alleviate the Maryland crab crisis. Perhaps we should let capitalism have a crack at this problem.

It was Boetie's view that the state is the least plausible institution on earth, one that would be overthrown in a day but for propaganda and ideological error.

The Paulson Plan is one more step in the socialization of America, but it is also a great bank robbery.

"The government package is not going to rescue the economy, but it will rescue activities that the economy cannot afford and that consumers do not want."

1. The Federal Reserve cut interest rates to as low as 1% so that after inflation we had negative interest rates.

Our reflections thus yield the conclusion that an alleviation of cyclical fluctuations should be expected preeminently from a greater publicity among business enterprises, and particularly among the banks.