Mises Daily

A Capitalist Christmas

Mises DailyDecember 25, 2014
Christmas is the most pro-capitalist of all holidays because its wordly joys are based on private property, voluntary exchange, and mutual benefit. It's also one of the least political of all major holidays...

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Correcting Scrooge’s Economics

Mises DailyDecember 24, 2014
Ebenezer Scrooge is guilty of no crime, but he is a bad economist. This is demonstrated by Scrooge's ignorance about the subjective nature of value, and by his insistence that he is being robbed by his clerk who negotiates a day off...

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