Mises Daily

Notwithstanding its endorsement by Mises, many modern Austrians reject the notion of consumer sovereignty as an inaccurate political metaphor.

The noble task of Revisionism is to de-bamboozle: to penetrate the fog of lies and deception of the State and its Court Intellectuals.

Mises stressed the primacy of consumer preferences in the determination of precisely which kinds of goods will be produced with society's scarce resources. 

The English Levellers were the world's first self-consciously libertarian mass movement.

Truman, without consent or knowledge of Congress, declared war on Korea. Congress condoned his usurpation of its exclusive constitutional power.

"Not only is a judge immune, but he can confer his immunity in a king-like fashion even onto lowly civilians who surround him."

"The slaughter committed by barbarians would not add up to one-tenth the horrors perpetrated by rulers with good intentions."

Advocates of commercial treaties maintain that freedom of trade must be reciprocal. Whether they know it or not, they are protectionists in principle.

A trade deficit per se is not a sign of a bad economy. Indeed the trade deficit might blossom if the US ever returned to the gold standard.

In March 1968, a crisis of confidence in the dollar on the free gold markets led the United States to effect a fundamental change in the monetary system.