Money and Banks
Libra's value is based on a basket of goods tied to government fiat currencies. Needless to say, Zuckerberg is no Hayek. And the Libra is no Bitcoin.
Without inflationary money, automation means we can work less while at the same time have an even higher standard of living.
A business owner who cannot understand why a customer is not happy — or even very disappointed — with getting a full refund for a faulty product has failed to grasp some very fundamental economic concepts.
Bureaucracy and Regulation
Being held accountabile in the real world usually means making reparations for incompetence or malice. But this sort of accountability almost never applies to governments.
Justin Raimondo, longtime editor of AntiWar.com and a great friend of the Mises Institute, has died.