Ludwig von Mises Institute Mises.org
 
Daily Articles from The Mises Institute on Austrian Economics and Libertarianism
Updated: 59 min 24 sec ago
7 hours 53 min ago
What a fearful thought — if this situation is general: a nation of people, the vast majority of whom do no thinking for themselves in the area of political economy!
7 hours 53 min ago
The attempts to create a double standard of gold and silver failed lamentably. It was this failure that generated the gold standard — a manifestation of a crushing defeat of the governments and their cherished doctrines.
9 hours 2 min ago
With universal mandates, insurance companies no longer compete for multiple clients, but for just one — this is called a monopsony. The amount of eligible insurance companies quickly dwindles.
Wed, 03/10/2010 - 08:18
When we think of the libertarian tradition, we tend naturally to think of political philosophers and economists of the past. But one part of the libertarian tradition belongs to novelists and other fiction writers.
Wed, 03/10/2010 - 08:18
For thousands of years under the Old World concept of a static economy operating under bureaucratic control, human beings lived in hunger, filth, and disease. They worked ceaselessly at backbreaking drudgery to keep life in wretched bodies.
Wed, 03/10/2010 - 08:18
Are you aware that a Federal Reserve dollar bill is not a constitutional dollar? Perhaps you are, but if so, do you know what a constitutional dollar literally is?
Tue, 03/09/2010 - 12:54
Obama seems hell-bent on expanding the US welfare state at any cost, and of course no welfare-state debate is complete without bringing up the Scandinavian countries as the example of statism causing prosperity.
Tue, 03/09/2010 - 10:24
If we know what the Old Right was against, what were they for? In general terms, they were for a restoration of the liberty of the old republic, of a government strictly limited to the defense of the rights of private property.
Tue, 03/09/2010 - 09:27
When the American Revolution had its beginning, living conditions had scarcely changed since the reign of Nebuchadnezzar. The colonial woman gathered her own firewood and cooked over an open fire...
Mon, 03/08/2010 - 10:36
By no process of the mind can the owner of the slave cause the slave to flex a single muscle. The only process open to the slave owner is to impose force or the threat of force.
Mon, 03/08/2010 - 08:18
As the ominous example of Japan shows us, soaring debt levels (resulting from fiscal stimulus and low growth) and financial forbearance (socializing private losses) is not a recipe for economic success.
Mon, 03/08/2010 - 08:18
There is a definite connection between fiat currencies and trade deficits. Critics of the Federal Reserve are right to blame it for distorting trade flows and setting the US economy up for an inflationary crash.
Fri, 03/05/2010 - 11:45
With an inflationary or deflationary policy, a government does not promote the public welfare, the commonweal, or the interests of the whole nation. It merely favors one or several groups of the population at the expense of other groups.
Fri, 03/05/2010 - 09:27
The current fiscal situation is not unprecedented. High public and private debt has been the bane of large governments for the entirety of written history. Garet Garrett explains the problem and solution.
Fri, 03/05/2010 - 08:18
It never occurs to Krugman that the policies of high leverage and of gambling on inflated asset values would not happen systematically if government were not acting behind the scenes.
Thu, 03/04/2010 - 11:45
Classical liberalism — which we shall call here simply liberalism — is based on the conception of civil society as, by and large, self-regulating when its members are free to act within very wide bounds of their individual rights.
Thu, 03/04/2010 - 08:18
The fight against a government monopoly and edict that stifle commerce and keep consumers from consuming the media they desire is a story worth telling and championing.
Thu, 03/04/2010 - 08:18
The government doesn't create new goods by credit-financed spending. Debt financing allows the government to considerably increase its grip over scarce resources, diverting their use.
Wed, 03/03/2010 - 08:18
It is a marvel that the system works despite these and countless other interventions in the natural right to travel. Think of the numerous coordination problems that get solved, daily, at the major airports of the world.
Wed, 03/03/2010 - 08:16
Private firms and networks offering the defense of children would, if allowed by state authorities, immediately spring up all around Haiti, simply because the general community demands their defense.
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