Mises Daily

The shoe industry is under regulatory attack,  adding to the list of businesses punished for exercising the freedom to make contracts and compete in a market economy.

The idea of American freedom does not date from the late 1780s; the Constitution was the culmination of generations of practical self-government.

Greenspan recently said he is not sure what the money supply is. But money is like any commodity: it has a supply and it can be counted.

OPEC is restricting production, but it's domestic taxes and regulations that keep gas and oil prices high. 

We could have another on our hands if the bureaucrats get involved in regulating prices again.  

The judge in the Microsoft case says the company is like Standard Oil earlier this century. He's right, for the wrong reasons. 

The new Sacagawea "golden dollar" is an afront to the memory of the real gold standard.

In a hyper-political age, the words we use, says Walter Block, can reveal hidden political and economic agendas. 

In 1958, John Kenneth Galbraith assailed American spending patterns. Consumers, he told us in The Affluent Society, spend too much on such fripperies as large tailfins on cars. 

We are so used to celebrating the glories of the democratic state, we often forget its limitations.