Mises Daily

There is no question that the War on Terror will last forever. Just like the War on Drugs and the War on Poverty. "War is the health of the state," as Randolph Bourne famously said.

We will not tolerate theft in this town, unless it is done by the judge under the cover of the law.

Bonner said gold is a good thing to hold "when the Vigoro hits the Mixmaster."

Investments pay you money every month. Homes are just the opposite – money pits.

We came to realize that a cadre with no organization and with no continuing program of 'internal education' and reinforcement is bound to defect and melt away in the course of working with far stronger allies.

Mises said that such a monetary policy would ultimately end in the destruction of the exchange value of money.

The aim of the moral law is to impel individuals to adjust their conduct to the requirements of life in society to abstain from all acts detrimental to the preservation of peaceful social cooperation and to the improvement of interhuman relations.

Inflation, in case we've forgotten, is robbery by another name.

But so far, the debate has focused on the natural-science question of whether global warming is actually occurring, and, if so, what its cause is. Here is where the popular understanding is very much in need of correction.

Notwithstanding the official press release and subsequent media coverage, the goal of mechanism design is, generally speaking, to study how best to harness markets.