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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, writes Ludwig von Mises (1881–1973). This audio Mises Daily is narrated by Jeff

There are instances in which the methods of genuine credit expansion are used for an utterly different purpose: to allow the government to take advantage of the facilities of banking as a substitute for issuing fiat money, writes Ludwig von Mises (1881–1973). This audio Mises Daily is narrated by Jeff

Modern economics traces all human actions back to the value judgments of individuals. It never was so foolish, as Myrdal charges, as to believe that all that people are after is higher incomes and lower prices, writes Ludwig von Mises (1881–1973). This audio Mises Daily, excerpted from the audiobook version, is narrated by John