They Didn’t Listen: The Reality of Hayek’s Bestseller
In 1944, F.A. Hayek's best-selling book, The Road to Serfdom, warned the West that the "free" nations would lose their freedom as government expanded. He was right.
In 1944, F.A. Hayek's best-selling book, The Road to Serfdom, warned the West that the "free" nations would lose their freedom as government expanded. He was right.
Social democrats are so desperate to cast off limits on government that they'll embrace anything that justifies their ambitions. So they invent theories of money that are very, very wrong.
Forcing the minimum wage above the real market wage causes more unemployment. Small businesses suffer from these mandates as do the least productive workers.
Rothbard on the American Revolution: "There was no particular need for the formal trappings and permanent investing of a centralized government, even for victory in war."
An immigration system based on sponsorship, bonding, and a reduction in the use of public resources would allow the private sector to play a bigger role in which immigrants come here, and which ones stay.
This year we're sharing Mises U students' perspectives as they go through the program. Here's what they had to say after the first day of lectures.
Banker and financial expert Caitlin Long believes that fractional reserve banking is closer than ever to collapse, and she has a 100 percent reserve banking solution in progress.
Three percent annual price inflation for ten years is a loss of purchasing power of 34 percent in what is already a disastrous inflationary environment. This is not "victory over price inflation."
Mises U students share what they most look forward to during the "best week of the year."
While FedNow seems benign, there is the larger problem of the entire banking system itself being built on a foundation of sand. FedNow can only make that problem worse.