Mises Daily

The switch from anti-Communist militarism to anti-Islamic imperialism was not difficult. They took a chapter out of Orwell, and merely changed the name of the enemy.

Whereas people want to have choice over how they spend their money, bureaucrats want us to suffer constantly, and be intensely aware of what we use, trusting not the price system to determine our consumption patterns but rather obey regulations and strictures.

Affluence and subsistence are two very different standards, and if welfare statists choose to import arguments for mere subsistence — as with appeals to the alleged lack of freedom of the starving man — then they must be held to this standard.

Zweig also explores how humans are overconfident in their abilities

The Federal Reserve System virtually controls the nation's monetary system, yet it is accountable to no one.

In the real world, an artificial boost in demand that is not supported by production leads to the dilution of the pool of real savings and, contrary to the Keynesian view, to a shrinking in the flow of real wealth. The result is economic impoverishment.

Most observed instances of monopoly were in fact generated by government sanction (e.g., public utilities).

If Krugman wishes to claim that progressive taxes do not adversely affect incentives, he needs to offer a theoretical account of why this is so.

And what has Washington done? Rob us, badger us, and take us to war.

The falling US dollar eats away at foreign workers' savings as the money is converted to their national currencies, but, more important, it discourages people leaning towards employment in the outsourced sector.