Mises Daily

Thomas DiLorenzo explores the once-widespread belief, both North and South, that the American states were part of a voluntary union.

James Bennett discusses his new book on federal mandates with the Mises Institute.

The true benefits of the Louisiana and Alaska Purchases are less clear than their value to pro-government propaganda.

Murray Rothbard explores Bruno Leoni’s call for a return to the ancient traditions and principles of "judge-made law" as a method of limiting the state and ensuring liberty.

Robert Blumen talks with the Mises Institute with a about the Austrian School’s growing influence among investors.

In a free economy, firms threatened with competition often respond by searching for ways to increase efficiencies and improving on economies of scale and scope.

Many Austrians saw the bust coming, and thanks to Austrian economics, we also better understand the details of how booms and busts work.

Industrious low-income people often must turn to doing business in the black market to avoid the burdensome costs of government regulations. The creation of a cashless society would ensure that even these opportunities to make a living will be abolished forever.

Those who are calling for small reforms like changes to the Fed’s dual mandate are wrong. It is now clear that the Fed and the European Central Bank are hard-wired to inflate the money supply while encouraging banks to make excessively risky loans. Radical changes are needed.

Despite claims to the contrary, Japan’s economy is continuing to suffer mightily under the leadership of Prime Minister Abe Shinzo. Abe’s so-called “three arrows” of monetary stimulus, fiscal stimulus, and structural reform, have crippled the Japanese economy with higher taxes, inflation, and easy money.