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.
The attack on Wal-Mart, writes Clifford Thies, essentially comes down to this: opposition to economic progress.
