Mises Daily Articles

Displaying 1 - 10 of 313

Did Colonialism Impoverish Africa and Asia? Perhaps Not

War and Foreign PolicyWorld History

03/28/2023Mises Media
Decolonization is a popular academic and media buzzword. But is colonialism actually responsible for poverty in developing countries? This question deserves an honest answer.
Read More

Decorum Propels DC Deceit

Big GovernmentCronyism and CorporatismPoliticsWar and Foreign Policy

02/26/2023Mises Media
The president's SOTU speech has become an annual presentation of a new set of White House lies. But official Washington believes it is worse to publicly boo false statements than to make them.
Read More

Does Government Create a "Level Playing Field" or Does It Make the Field More Uneven?

Bureaucracy and RegulationProgressivismSocialism

02/20/2023Mises Media
Anticapitalist politicians claim intervention can "level the playing field," but when we look closely, we realize that government itself creates the imbalances.
Read More

Do Correlations Help Define Money?

The FedMoney and BanksGold StandardMonetary Theory

02/09/2023Mises Media
Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.
Read More

Don't Call It Capitalism: The Fed's $8 Trillion Hoard of Financial Assets

CapitalismThe FedMoney and Banks

01/29/2023Mises Media
Now would be a great time to stop pretending that the financial sector is "free market" or that price inflation and cost-of-living surges are somehow all the fault of "capitalism."
Read More

Defining a Good: The Intersection of Saint Thomas Aquinas and Carl Menger

PhilosophyAustrian Economics OverviewPhilosophy and MethodologySubjectivismValue and Exchange

01/11/2023Mises Media
The roots of Austrian economics go back to the great theologian Saint Thomas Aquinas, whose view of what constitutes a good was a prototype of Menger's pathbreaking theory of the good.
Read More

Digital Currency: The Fed Moves toward Monetary Totalitarianism

The FedMoney and BanksProgressivismSocialism

12/18/2022Mises Media
One hardly can imagine a better tool of social control than a digital currency. Not surprisingly, US monetary authorities are moving in that direction.
Read More

Deflation Is Not a Problem: Reversing It Is

Central BanksInflationKeynesU.S. Economy

12/09/2022Mises Media
Keynesian economists claim that deflation is as bad or worse than inflation. But deflation not only reverses inflation's bad effects but also allows new wealth creation.
Read More

Do "Technology Shocks" Create the Boom-Bust Cycles?

Booms and BustsCentral BanksMoney and Banks

11/15/2022Mises Media
The 2004 Nobel Prize in economics was awarded to two economists for their claim that "technology shocks" cause boom-bust cycles. They have it wrong.
Read More

Does Bank Lending by Itself Set Off Boom and Bust Cycles?

Central BanksInflationMoney and Banks

10/14/2022Mises Media
What happens when banks lend money? It depends on the lending process itself. If lending comes about because of an expansion of credit, then it creates problems.
Read More