Mises Daily Articles

Displaying 51 - 60 of 551

Why Economic Dependence on Others Is a Good Thing

U.S. EconomyValue and Exchange

02/18/2015Mises Daily Articles
Political dependence and economic dependence are two very different things. Political dependence is fostered by coercion and monopoly power, but economic dependence is simply a choice we make when we especially like one thing more than the alternatives.
Read More

Why the Austrian Understanding of Money and Banks Is So Important

Money and BanksMoney and BankingPhilosophy and Methodology

02/17/2015Mises Daily Articles
Austrians today are nearly alone in asserting what the classical economists all knew. You cannot create prosperity by creating more money, but only through increases in technological progress, frugality, trade, and a division of labor.
Read More

Why the Government Hasn’t Yet Managed to Destroy the Economy

Big GovernmentBooms and BustsU.S. History

02/02/2015Mises Daily Articles
The government cripples the economy a little more each day, but thanks to the resilience of markets, we've avoided economic destruction. Nevertheless, we're still a lot poorer than we would have been without big government.
Read More

Why Private-Sector Services Seem to Be More Expensive

Big GovernmentFree MarketsTaxes and SpendingEntrepreneurship

01/26/2015Mises Daily Articles
Unable to compete with cheap, government-subsidized services designed for the low end of the market, entrepreneurs find they must turn to higher-end customers who will pay more. Some wrongly interpret this as proof that markets are more expensive than government services.
Read More

What True Health Care Reform Would Look Like

Big GovernmentFree MarketsHealth

01/05/2015Mises Daily Articles
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

What a Reserve Currency Should Look Like

Global EconomyMoney and BanksMoney and Banking

12/08/2014Mises Daily Articles
The US dollar’s days as a global reserve currency are numbered, but there is no high-quality replacement available. If there were an ideal reserve currency for the world, this is what it would look like.
Read More

Woodrow Wilson’s Faith in War

U.S. HistoryWar and Foreign Policy

11/20/2014Mises Daily Articles
Malcolm D. Magee's new book on Woodrow Wilson examines a much-neglected topic: the role of Wilson's religion in his enthusiasm for war and his goal to “conquer, convert, and change the nations.”
Read More

What A Divided Berlin Still Teaches Us Today

World HistoryPolitical Theory

11/13/2014Mises Daily Articles
Berlin provides us with an example that comes as close to that of a controlled social experiment as one could probably hope to get.
Read More

War Making and Class Conflict

War and Foreign Policy

11/11/2014Mises Daily Articles
War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer. The parasitic class makes war with purpose and deliberation in order to conceal and ratchet up their exploitation of the much...
Read More

Why The Theory of Money and Credit Is More Important Than Ever

Money and BanksMonetary TheoryMoney and Banking

11/08/2014Mises Daily Articles
Eighty years ago, Mises's The Theory of Money and Credit first appeared in English. It remains one of the most important books on money and inflation penned in the twentieth century, and it still offers the clearest analysis and understanding of booms and busts, inflations and depressions.
Read More
Shield icon library