How Would “President Rothbard” Keep Out the Zika Virus?
Who could possibly defend laissez faire in the face of disease pandemics?
Who could possibly defend laissez faire in the face of disease pandemics?
New technologies, such as the blockchain technology behind digital currencies like bitcoin, may in the future facilitate the convenient use of precious metals as money once again.
After a week of jittery markets, join us LIVE online Saturday for our Mises Circle in Houston, where we'll discuss where the world is headed in 2016.
In a surprise move, the Bank of Japan announced last night that it would employ negative interest rate policy for the first time in its history.
Those who wish to portray Ludwig von Mises as the "moderate" one, compared to the more radical Murray Rothbard, will often point out that Mises was no "anarchist". This assertion, however, runs into trouble when we consider Mises's comments in Liberalism.
Economists Robert Shiller and George Akerlof would have us believe that the market sells us things we don’t really want. That’s not true, but even if it were, the proposed solution — government — is even less likely to give us what we want.
Last week, the Bank of Canada announced it would stay at 0.5 percent for its target overnight rate (the equivalent of the Federal Funds Rate in the US).
Many advocates for free markets often mistakenly speak of "the market" as if markets by themselves somehow solve problems or provide incentives. Only people can do these things, and markets are just a means to an end.
Today's Mises Daily outlines some of Mises’s ideas about the economics of immigration. As always, Mises is thoughtful and perceptive, and continues to offer fresh insight decades after his death.