Mises Daily : Mises Institute on Austrian Economics and Libertarianism

Unshackling the Fed

Wed, 19 Jun 2013 00:00:00 -0500

The very idea that the FOMC would function as faithful monetary eunuchs, keeping their eyes on the M1 gauge and deftly adjusting the dial in either direction upon any deviation from the 3 percent target, was sheer fantasy. And not only because of its political naïveté, something Nixon’s brutalization of the hapless Arthur Burns aptly conveyed.

Why This Gigantic "Intelligence" Apparatus?

Tue, 18 Jun 2013 00:00:00 -0500

Consider the sheer idiocy of paying legions of twenty-somethings who cannot speak Arabic, Farsi, or Pashtun, and who know practically nothing of the history, customs, folkways, and traditions of these places.

Why Be Libertarian?

Mon, 17 Jun 2013 00:00:00 -0500

Why be libertarian, anyway? Why engage in a deep and lifelong commitment to the principle and the goal of individual liberty?

Language as Action

Fri, 14 Jun 2013 00:00:00 -0500

Being a type of spontaneous order, it is no surprise that language is subject to the same kinds of centrally-planned disruptions as economic systems.

France’s Cul-De-Sac

Thu, 13 Jun 2013 00:00:00 -0500

British Prime Minister David Cameron, offered to “roll out the red carpet” for any high-income earning Frenchmen who wanted to avoid paying French taxes.