Mises Daily

I have begun a self-imposed "cognitive therapy" to stop letting thoughts of sunk costs undermine my enjoyment of life

Now, some of the locals are feeling the pain as lady luck, bad math and bad judgment are punishing them.

Child-labor laws were and are a blow against the freedom to work and a boost in government authority over the family.

OFCOM, by forcing the functional separation of BT and the creation of BT Openreach, altered the structure of production that the market had set up in answer to customer preferences.

At the end of the day, inflation is a serious threat to freedom. The majority of the people, suffering badly from inflation, would most likely blame the free market for their plight, rather than blame the central bank for the debasing of the currency.

Greenwald has rendered an inestimable service by his clear and cogent analysis of gross presidential usurpation of power.

Policies such as the ban on interest-paying banks incentivize further reckless behavior by users who have made foolish decisions, and they frustrate and hinder the entrepreneurs who are producing the goods that attract people to Second Life.

Taking the counterfeiters money is not wrong, but when the women started spending the money, as Lew Rockwell points out, that's "another matter, of course, as it imitates on a tiny scale what the Fed does, and dilutes the value of other people's money."

Ludwig was slow to allow Margit onto his hitherto solitary path. But on the other hand he was longing for the love of a true companion.

Even Askling, who writes socialist propaganda for a living, knows the Swedish recycling scheme doesn't work; and she concludes it is in need of more market.