Intermediate

While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.

Lutheran theologian Reinhold Niebuhr attracted numerous followers in postwar America in part because of his attacks on the free market. Perhaps he should have read Mises.

All too often, people equate their nationality with a particular state. Yet, as Mises noted, nationality does not depend at all upon a formal entity tied to a government.

As the British economy falters, the government returns to its Keynesian roots. They will find once again that the legacy of J.M. Keynes is inflation and economic ruin.

The 2004 Nobel Prize in economics was awarded to two economists for their claim that "technology shocks" cause boom-bust cycles. They have it wrong.

While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.

If the so-called experts really want to reduce CO2 emissions, they should look at improving farming methods and forestry, not ridding us of fossil fuels.

Americans think hyperinflation can't happen here. Yet government spending and money creation are out of control, and it will not take much to trigger massive price hikes.

Falling prices ultimately lead to an increase in savings and to the creation of new wealth.

Amazon has done more to eradicate poverty than a hundred charities ever could.