Mises Daily Articles

That gold was used as money in the past is merely a historical fact. But the fact that gold was a form of private money, and thus not easily manipulated for government schemes, made it a target of countless intellectual and governmental assaults.

Robert Murphy explains what it means to act "on the margin" or to think in terms of "marginality." Economists use the term often. The Mises Circle in interwar Vienna even had songs with refrains that included the words "marginal utility." Here is your one-article guide to understanding what all the...

If the mixed economy is such a disaster, why do we have one? Because it enables the well-connected to loot the rest of us in a social democracy disguised as "democratic capitalism."

From the Great Depression to the Cold War, to the War on Terror, the regime repeatedly seeks to keep its citizens in a state of fear. And there's one "enemy" that is always there for the state to save us from: "greed" and capitalism.