Mises Daily
The State Is a Harsh Mistress
The skeptic soon finds that space technology ought to be treated like all other forms of technology: with as little government intervention as possible.
The Irrational as an Object of Cognition
When confronted with the irrational, reasoning and science can only record and classify.
The Blessing of a Strong Currency
To hear some commentators talk, one would think that America's trade-deficit woes would be miraculously erased with a swift devaluation.
A Tale of the Reinvention of Capitalism
The unraveling of a socialist system. The rediscovery and triumph of capitalism.
It’s Not Really about the Debt
The fall in the money stock that precedes price deflation is actually triggered by the previous loose monetary policies of the central bank.
Military Spending and Bastiat’s “Unseen”
Every dollar spent on the military is a dollar not spent or invested in the civilian economy.
Responsibility and Private Property
Where there has been neither force nor fraud, the accumulation of wealth (profit) is the reward for the responsible use of resources in social production.
The Objectives of Currency Devaluation
Governments cannot rebel against the preponderance of generally accepted ideologies, however fallacious.
The Irrelevance of Worker Need and Employer Greed in Determining Wages
The Marxian doctrine of the alleged arbitrary power of employers over wages appears plausible because there are two obvious facts that it relies on.