People rebel against the insight that the malinvestment and overconsumption of the boom period are the cause of the bust. They refuse to believe that such an artificially induced boom is doomed. They are looking for the philosophers' stone to make it last, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

Barthélemy de Laffemas comes to our attention because of the dozens of execrable pamphlets he wrote on behalf of the mercantile system that he was helping to put into place in France, writes Murray N. Rothbard (1926–1995).

This audio Mises Daily is narrated by Jeff Riggenbach.

The state makes a mess of everything it touches. Examples from the book include how and why the "hot" water in our homes became lukewarm and what can be done about it, and how traffic laws became a racket for extracting wealth from the population, writes Jeffrey A. Tucker.

This audio Mises Daily is narrated by Steven Ng.

The British Currency School did not criticize the multifarious projects to lower or abolish interest by means of a banking reform. They tacitly ratified the naïve presumption of money's neutrality, and many decades passed before the spell was broken, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

In the 1940s and early '50s, a school of establishment historians existed who made it their business to extol the virtues of the "Great Presidents." This was a childishly transparent attempt to turn a bit of left-liberal politicking into the verdict of history, writes Ralph Raico.

This audio Mises Daily is narrated by Steven Ng.

The system of mercantilism needed no high-flown "theory" to get launched. It came naturally to the ruling castes of the burgeoning nation-states. Theory came later — to sell to the deluded masses, writes Murray N. Rothbard (1926–1995).

This audio Mises Daily is narrated by Jeff Riggenbach.

The truth of the matter is that, far from causing starvation and famines, it is the speculator who prevents them. And far from safeguarding the lives of the people, it is the dictator who must bear the prime responsibility for causing the famine in the first place, writes Walter Block.

This audio Mises Daily is narrated by Jeff Riggenbach.

There are instances in which the methods of genuine credit expansion are used for an utterly different purpose: to allow the government to take advantage of the facilities of banking as a substitute for issuing fiat money, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

In the early 1700s, France turned on the taps of paper-money inflation. At the same time, England turned instead to a more subtle device for accomplishing the same inflationary objective: the creation of a new institution in history — a central bank, writes Murray N. Rothbard (1926–1995).

This audio Mises Daily is narrated by Jeff Riggenbach.

Rothbard was a man of great achievement and immense scholarship, an indefatigable worker, and the most significant anarchist writer then living — indeed the most significant name in the whole noble history of individualist anarchism, writes Ralph Raico.

This audio Mises Daily is narrated by Steven Ng.