Mises Daily

The current administration’s effort to promote competition in the music industry is picking up steam. Last month Arnold Tinker, spokesperson for the Department of Justice, said during the official press conference that “Mariah Carey’s continued refusal to abide by the strictures of the 2004 agreement on uncompetitive practices has led us to invoke Article 56 of Section 8 from the same”.

Mises never gave up the term liberalism: "The question could rather be raised whether, in the interest of facilitating the diffusion of liberal ideas, one ought not to give the ideology of liberalism a new name... Such a suggestion would be well-intentioned, but completely antithetic to the spirit of liberalism."

On domestic policy, they regard the government as the problem, an invasive and stupid machine that is a social and economic drain. On foreign policy, they regard government as glorious, productive, courageous, and the source of freedom. Lew Rockwell asks: what gives?

Robert Murphy is old enough to remember when libertarians and conservatives would object to government interference with tobacco and alcohol by asking, "What next? Will the government start taxing fatty foods and put warning labels on fettuccine alfredo?"

Frank Shostak says that the flattening or near inversion of the yield curve is an indication of a tighter Fed stance that is likely to undermine various activities that were began under a previously easy monetary policy. 

Empire of Debt: The Rise of an Epic Financial Crisis, William Bonner and Addison Wiggin, John Wiley & Sons, 370 pages

Margit von Mises's memoires of her life with her husband Lu remain the most inspired account of his life in print. Here is an excerpt.

Molinari’s article is the first presentation anywhere in human history of what is now called “anarchocapitalism.”

Gustave de Molinari writes with a firery passion in celebration of economic liberty, that great gift to the world, against the errors of the socialists who seem to regret the liberation of the world.

In a footnote, rothbard explains a curious form of paper money issued in 17th century Quebec, which became known as “card money.” Martin Masse elaborates.