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Politics

In a recession or a crisis, the right approach for individuals is to save. So too for the national economy. Saving does not cause...

Politics

Bastiat emphasized that much of what goes on in the economy involves things we don’t see directly. Intermediaries often fall into Bastiat’s category of...

Politics

No one can legitimately create a monopoly on ideas. The problems of freedom are solved with more freedom and worsened with less.

Politics

From the perspective of the state, the ideal society is one composed of single parents raising a small number of children in irreligious households.

Politics

No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

Politics

No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

Politics

The best people in the world support the Mises Institute. Will you join them?

Politics

Hayek once remarked, “If socialists understood economics, they wouldn’t be socialists.” Building on this, if socialists understood socialism, they wouldn’t be socialists.

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