Mises Daily

Even if the claims about the alleged crisis in manufacturing were true, the ultimate response is a big "So what?" There is nothing sacrosanct about manufacturing jobs.

Doing something you haven't done before releases dopamine to the brain, "which gooses the action system of your brain." And through this process, a feeling of satisfaction is gained.

It is highly significant that Jefferson, when he wrote his own epitaph, wanted to be remembered for the Declaration of Independence, for the Virginia statute on religious freedom, and for founding the University of Virginia. That he was a two-term president is not listed.

With little fanfare, Beijing airport opened an additional new terminal last week.

To recap, what then we find is that not only does the availability of financial capital become wholly divorced from the extent of the pool of physical capital goods; not only does much of that pool become misused (and, hence, ultimately, stripped of its original "capitalness"); but that the wellspring of capital maintenance and augmentation — namely, voluntary saving — is concreted over to provide a gaudy, Baroque fountain of greater exhaustive consumption.

NASCAR exemplifies these stagflationary times.

Bernanke is evidently dedicated to one tactic: inflation now and forever.

Flynn's essential insight — that the threat to America is not to be found in any foreign capitol, but in Washington, D.C. — takes on new immediacy today.

What they failed to understand was the capacity for voluntary institutions to harmonize racial interests.

Under its current leadership, the Federal Reserve is looking more and more like a Banana Republic central bank