Mises Daily

How Embargoes Destroy Freedom

Mises DailyJanuary 10, 2015
Supporters of embargoes like the Cuban embargo have never made a convincing case for why taxpayers, merchants, and consumers should be forced to forego their property rights and bear the costs of the embargo’s war on free trade...

Read more

The New Music Marketplace

Mises DailyJanuary 9, 2015
Some music aficionados are complaining that the market's efforts to better deliver what people want are encouraging "bad music." In truth, music markets are providing more opportunities for the making of new music than ever before...

Read more

Multiple Currencies and Gresham’s Law in Zimbabwe

Mises DailyJanuary 8, 2015
Zimbabwe, in the aftermath of years of hyperinflation, today has nine different currencies that are officially legal tender. The emerging system of multiple currencies offers a chance to make some interesting observations.

Read more

Voluntary Exchange vs. Government Mandates

Mises DailyJanuary 7, 2015
True welfare and value can only be achieved through exchange when it is fully voluntary. When the state intervenes to "improve" trade, it destroys value, all the government stats notwithstanding...

Read more

Is The Fourteenth Amendment Good?

Mises DailyJanuary 6, 2015
Designed to redress the wrongs of the major injustice of slavery, the Fourteenth Amendment is now used by the federal courts to micromanage nearly every aspect of modern life. Strangely, many libertarians continue to support the amendment in spite of this.

Read more

What True Health Care Reform Would Look Like

Mises DailyJanuary 5, 2015
Many look to socialize health care as a way to reduce costs, but the only way to increase supply and reduce costs is for government to stop subsidizing health care while limiting its supply.

Read more

The "Dog-Eat-Dog" Delusion

Mises DailyJanuary 3, 2015
Opponents of free markets sometimes describe market competition of dog-eat-dog, but that metaphor has nothing to do with markets and everything to do with politics and war.

Read more

How Reducing GDP Increases Economic Growth

Mises DailyJanuary 2, 2015
Reducing government spending results in an immediate increase in welfare for all productive members of the economy. But, the way we calculate economic growth is rigged to make it look like more government spending fuels economic growth.

Read more

Vintage Rothbard to Ring In The New Year

Mises DailyJanuary 1, 2015
On behalf of everyone at the Mises Institute, we wish you a very happy, healthy, peaceful, and productive New Year! In this talk, Murray Rothbard reflects on the past while looking to the future of peace and free markets in our society.

Read more

Chinese Savings vs. American Spending

Mises DailyJanuary 1, 2015
One thing the Chinese regime has not managed to do is erase the Chinese fondness for saving money. But in America, where over one-third of the population is on public assistance, it spends as much as possible.

Read more