Mises Daily

The seemingly impressive Swedish boom will certainly be revealed as a fraud — just as the whole story of the success of the Swedish economic model is a fraud.

Koch organizations are no longer shocked to see us taking different views in areas like vouchers and trade treaties. They serve one agenda with a particular style, approach, and audience, and we serve another with a different style, approach, and audience.

If you are reading the book for the first time, and do not yet have the patience for detailed methodological argument, you can begin on page 200, while saving the material you skipped for the end. This is a profitable approach for many people.

Prices are by definition determined by peoples' buying and selling or abstention from buying and selling.

Rent-to-own stores are guilty of making furniture and large appliances available to people without credit or substantial savings, and at a relatively low monthly cost.

Hans-Hermann Hoppe has famously argued that any attempt to argue against the libertarian ethic of self-ownership and non-aggression is self-refuting, since the very act of engaging in an argumentative exchange presupposes the legitimacy of each participant’s exercising exclusive control over the scarce resources involved in arguing: his own mind and body.

Taylor, and you other critics of the spontaneous outcomes of the market economy, please do us all a favor: Go read Henry Hazlitt's Economics in One Lesson.

Further, the idea that the quantity of money is important to trade is incorrect. The market does not desire a certain quantity of money.

This is what makes the claim so absurd that the US invaded in order to bring about freedom, democracy, and the rule of law. The war taught the advantages of all the opposite values. The Iraqis have been fine students of the moral nihilism unleashed by the US government's war on Iraq.

To the extent that government agencies own a portion of the stock market they are engaged in central planning.