Free Markets

"Mandated recycling exists mainly because there is plenty of money to be made by labeling products as "green" or "recycled" to get municipal and federal grants."

Timothy Roth has in earlier work offered a penetrating criticism of modern welfare economics.

In the case of the current housing meltdown, the Austrian case is definitely right.

Now, bread is baked by government.
And as might be expected,
Everything is well controlled;
The public well protected.

True, loaves cost a dollar each.
But our leaders do their best.
The selling price is half a cent.
(Taxes pay the rest!)

Liberty is an end unto itself, with prosperity as its positive externality.

The observers today most reminiscent of our forefathers are the armies of tea partiers and bloggers, incensed that Main Street has gotten the shaft, first from the evils of hyperextended credit, and doubly now that modern solutions may prolong the madness.

"They took care of themselves and recognized that having freedom means the freedom to fail as well as to succeed."

The false belief that unions exercising the threat of strikes upon employers improve the welfare of labor is analyzed thoroughly and the conclusion is obvious.

The efficient-markets hypothesis is actually a tautology, or a way of viewing the world.

By Mises' teachings he has sown the seeds of a regeneration which will bear fruit as soon as men once more begin to prefer theories that are true to theories that are pleasing.