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Like today's central bankers, John Law proposed to "supply the nation" with a sufficiency of money. The increased money was supposed to vivify trade and increase employment and production — the "employment" motif providing a nice proto-Keynesian touch, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
A man who is obliged to justify his handling of a matter in the eyes of other people often resorts to a pretext. As the motive of his deviation from the most suitable way of procedure he ascribes another reason than that which actually prompted him, writes Ludwig von Mises (1881–1973).
This audio Mises Daily, excerpted from the audiobook version, is narrated by John Pruden.
Plans are already in the works to put the initiative back on the ballot for 2012, which is expected to have higher turnout from young people. But in order for the ballot initiative to succeed, we must first understand why it failed, writes Mark Thornton.
This audio Mises Daily is narrated by the author.
Weighing in on the side of John Locke, not only on interest rates but also in a general and comprehensive vision of economic laissez-faire that even surpassed Locke, were two brothers, Dudley and Roger North, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
It is a hopeless task to interpret a symphony, a painting, or a novel. The interpreter at best tries to tell us something about his reaction to the work. He cannot tell us with certainty what the creator's meaning was or what other people may see in it, writes Ludwig von Mises (1881–1973).
This audio Mises Daily, excerpted from the audiobook version, is narrated by John Pruden.
If it were not for the police, lawlessness and chaos would rule; therefore, we owe our safety, our civilization, our very lives to the selflessness and dedication of the police; thus, police are our "heroes." So we were told, and so we believed, writes Stephen Mauzy.
This audio Mises Daily is narrated by Steven Ng.
John Locke, the Protestant Scholastic, was essentially in the hard-money, metallist, anti-inflationist tradition of the Scholastics; his opponents, on the other hand, helped set the tone for the inflationist schemers and projectors of the next century, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
The collectivist doctrines look upon the individual merely as a refractory rebel. This sinful wretch has the impudence to give preference to his petty selfish interests as against the sublime interests of the great god society, writes Ludwig von Mises (1881–1973).
This audio Mises Daily, excerpted from the audiobook version, is narrated by John Pruden.
One of Josiah Child's main deviations from free-market and laissez-faire doctrine was to agitate for one of the favorite programs of the mercantilists — to push the legal maximum rate of interest ever lower. Formerly discredited "usury laws" were making a comeback on faulty economic rather than natural-law or theological grounds, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
What if a president took a different direction and sought popularity by expanding rather than reducing liberty? There is a model here they could follow, but it is not one you have thought of. It is Franklin D. Roosevelt, writes Mark Thornton.
This audio Mises Daily is narrated by the author.
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