“The EMU as a Self-Destroying System” by Philipp Bagus
src="http://images.mises.org/DailyArticleImages/5331.jpg" class="left" width="170" border="0" />When property rights in money are poorly defined, negative external effects develop. The institutional setup of the euro, with its poorly defined property rights, has brought it close to collapse and can be called a tragedy of the commons.
“Welfare before the Welfare State” by Joshua Fulton
src="http://images.mises.org/DailyArticleImages/5388.jpg" class="left" width="100" border="0" />People found innovative ways of supporting each other before the welfare state existed.
“Swan Song of the Old Right” by Murray N. Rothbard
src="http://images.mises.org/DailyArticleImages/2755.jpg" class="left" width="100" border="0" />The Old Right of the postwar period had a rugged and near-libertarian honesty in domestic affairs as well.
“Eugen Richter and the End of German Liberalism” by Ralph Raico
src="http://images.mises.org/DailyArticleImages/4503.jpg" class="left" width="100" border="0" />He represented the liberal movement that embraced all civilized nations. Malice has now been replaced by neglect.
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