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Gold and silver are international commodities, and, when not prohibited by government decree, foreign coins are perfectly capable of serving as standard moneys, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Matthew Mezinskis.
This world-renowned merchant seeks no fame for his business achievements. Yet there is no story more full of encouragement and inspiration for youth, writes Orison Swett Marden.
This audio Mises Daily is narrated by Keith Hocker.
The characters are rugged individuals — ingenious in their ability to fend for themselves, under all manner of adverse conditions — and asking for help from nobody, writes Frank Chodorov (1887–1966).
This audio Mises Daily is narrated by Steven Ng.
Higher food prices set off the revolutions in Tunisia and Egypt and the mass protests in countries like Algeria, Jordan, Yemen, Bahrain, and Iran. People in these countries buy more unprocessed foods and spend a much higher percentage of their income on food, so they have been severely impoverished by Bernanke's QE2, writes Mark Thornton.
This audio Mises Daily is narrated by the author.
Announcing that 50 million Americans are uninsured means nothing. It could be our government's involvement that has led to the current situation, writes Charlie Virgo. This audio Mises Daily is narrated by Keith Hocker.
Voters are faced with bundled choices, they vote infrequently, no individual's vote will affect the election, voters have little incentive to be highly informed about the candidates' policy positions, and the winning candidate is not obliged to deliver on his promises. Candidates who understand these simple facts will have an advantage over political opponents, writes Mark Brandly.
This audio Mises Daily is narrated by Steven Ng.
The use of mathematics necessarily leads the economist to distort reality by making the theory convenient for mathematical symbolism and manipulation. Mathematics takes over, and the reality of human action loses out, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
The trouble lies in the fact that people do not have an object — one thing to which they stick, letting all else go. Success is the product of the severest kind of mental and physical application, writes Orison Swett Marden.
This audio Mises Daily is narrated by Brad O'Connell.
God knows I had enough to do without sitting and listening to the city people tell me what an idyllic life I had and how they envied me. But I didn't notice any of them grabbing a hayfork and pitching in, writes An Ex-Farmer.
This audio Mises Daily is narrated by Brad O'Connell.
It is theoretically conceivable but scarcely likely that the ruling class will rush to embrace a philosophy and a political economy that will end their power and put them, in effect, out of business, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
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