Mises Daily

The FHLB is a welfare-state institution to the bone.

The philosophical doctrine of equality gives no more ground for the assumption that all men are educable than it does for the assumption that all men are 6 feet tall.

As far as I know, there does not exist a university or an undergraduate college, in the traditional and proper sense, anywhere in the country.

Creative destruction is required for a vibrant economy. Allowing government to stop change and innovations through regulations hurts the consumer and squashes both new products and improvements.

While most Americans will never see the money the government takes they will have to bear the cost of the higher metal prices that result.

An economically literate public is the foundation for keeping that amazing and wild machine called the market working and functioning for the benefit of the whole of humanity.

Man has insatiable wants and constantly attempts to improve his lot in life. And for those with no spiritual or philosophical grounding, that means increasing status anxiety.

Make the dollar as good as gold and you eliminate the inflation problem and the business cycles that go along with it.

From its founding, America has rejected the worldview of prioritizing physical safety above all else, as such a mentality leads to an impoverished and empty civic life.

Thus, the most important attempt in this century to rebut anarchism and to justify the State fails totally and in each of its parts.

It's likely there "won't be any cotton growing in California 10 years from now," setting the stage for the next generation of Boswells to fallow the fields and sell water to Los Angeles.