Mises Daily

Alongside the struc­ture of traditional unionism, there begins to grow in its shadow a murky pseudo-unionism of criminal behavior.

The trade deficit is often viewed with alarm, but it reflects an investment surplus.  And that's not a bad thing. 

Because they have guaranteed income through taxes, competition among political jurisdictions is not like competition among private firms.

Efficiency is not just the avoidance of waste. When entrepreneurs expand the boundaries of what is economically possible, we get "dynamic efficiency," which is essential for progress. 

The history that didn't happen can be just as interesting as the history that did.

Some propositions need only to be stated to become at once evident to the self, and the action axiom is just such a proposition.

Precisely because they are producing for profit, the businessmen are producing for the use of the consumers.

Whether we wish any particular boycott well or ill depends on our moral values. But a boycott is legitimate per se.

The image of Bastiat's school that has been handed down in the Anglo-American doctrinal literature is one that has been deliberately distorted by its doctrinal enemies and is in desperate need of extensive revision.

Marxism was never a good idea "in theory." As Mises explained, it is a mess both in theory and in practice.