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It seems that we may never rid ourselves of the broken-window fallacy, writes Mark Thornton.
This audio Mises Daily is narrated by the author.
The movement towards socialized medicine is strong but widely misunderstood. Many ordinary people see health care as a right and complain that it is too expensive. Some economists also see problems with the existing health care system and propose public-sector alternatives. One serious problem with those who want socialized medicine is that they fail to see the problems that already exist with governmental involvement in health care, writes D.W. MacKenzie.
This audio Mises Daily is narrated by Floy Lilley.
John T. Flynn writes that it is government system that accepts responsibility to make the economic system work at full energy, using the device of state-created purchasing power effected by means of government borrowing and spending, and which organizes the economic life of the people into industrial and professional groups to subject the system to control under the supervision of the state.
This audio Mises Daily is narrated by Floy Lilley.
Capitalism should not be condemned, since we haven't had it. Capitalism presumes sound money, not fiat money manipulated by a central bank. It's not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments, writes Ron Paul.
This audio Mises Daily is narrated by Floy Lilley.
No subject is so much discussed today — or so little understood — as inflation. The politicians in Washington talk of it as if it were some horrible visitation from without, over which they had no control — like a flood, a foreign invasion, or a plague. It is something they are always promising to "fight" — if Congress or the people will only give them the "weapons" or "a strong law" to do the job, writes Henry Hazlitt (1894–1993).
This audio Mises Daily is narrated by Floy Lilley.
While his claim of ideological steadfastness on his "basic political views" may have been correct, Rothbard did change his mind on questions of strategy and alliance, most significantly on the question of "McCarthyism" and the broader anti-Communist movement of the American Right, which he eventually rejected in favor of a more nuanced (and largely misunderstood) anti-anti-Communism, writes B.K. Marcus.
This audio Mises Daily is narrated by Floy Lilley.
It is one thing to be concerned about the possible impact of the sum of many tiny human actions on the climate of the planet on which we find ourselves, for this is entirely consistent with choosing life. It is quite another thing to presume that we are doomed unless, whatever we are doing, we stop doing it right now, writes Clifford F.
This. This audio Mises Daily is narrated by Floy Lilley.
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