Free Markets

The act of getting fired underscores the existence of the freedom of association, which is the key to social peace and a foundation of a growing economy. Do your part and take it well.

In many ways, the Mises Institute bears a heavy burden as the world's leading institutional voice for peace and economic liberty. And we are working in every way possible to make sure that the flame of freedom is not extinguished, even in the face of legions of charlatans and powermongers. Even though the politics of our times is as dark as ever, there are bright lights on the horizon.

This process is self-selective: the respondents are those who themselves choose to take the time to write a submission, attend a forum, or otherwise make their views heard.

I recommend the book to anyone who wants an analysis of current economic trends from an Austrian viewpoint along with some appropriate investment ideas; it is one of the best examples of sound economic writing among investment books.

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The owner of capital does not choose between more risky, less risky, and safe investments. He is forced, by the very operation of the market economy, to invest his funds in such a way as to supply the most urgent needs of the consumers to the best possible extent.

Baron Rothschild advised that one "should invest when there is blood in the streets."

Contrast our world with that of the political class. Here, scarcity is nonexistent. While my wife and I struggled over whether or not we could commit financial resources, the politician simply commits our resources for us. No questions asked.

The free market could deal more effectively with contagious diseases, just as it beats the government when it comes to computers, cars, and crops.