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James Mill and Libertarian Class Analysis

10/21/2019Mises Daily Articles

The theory of class conflict did not begin with Karl Marx. It began with two French libertarians, and James Mill developed a similar theory in the 1820s and 1830s.

Why the Pursuit of Profit Makes Us All Better Off

Blog10/21/2019

When entrepreneurs create profit, we know they are using resources in a way that benefit others. When entrepreneurs causes losses, they are destroying wealth.

Europe's Spending Binge Is Slowing Its Economy

Blog10/21/2019

The string of spending increases announced daily in Europe disguise an extremely dangerous bet: that the ECB will bail out the eurozone forever.

The Economic Consequences of Cheap Money

10/19/2019Mises Daily Articles

One of the characteristic features of this age is the general attack launched by all governments and pressure groups against the rights of creditors.

The Problem with Elizabeth Warren’s Wealth-Tax Plan

Blog10/19/2019

Elizabeth Warren's wealth tax is based on the idea that the government knows how to use wealth better than the private sector. The plan also ignores that the wealthy have been shown to flee countries with a wealth tax.

The New York Times Gets Neoclassicals, Austrians, and Schumpter Wrong, all in One Article

Blog10/19/2019

Free-market economists don't run the world, and book reviewers at the NYT should stop pretending they do.

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