Mises Daily Articles

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The NFL Draft and the Division of Labor

Free MarketsInterventionism

12 hours agoMises Daily Articles
The division of labor allowed Mel Kiper Jr. and Joel Buchsbaum to create a niche doing what they love: writing football draft reports.

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Rockefeller, Morgan, and War

War and Foreign PolicyWorld HistoryInterventionism

03/20/2017Mises Daily Articles
During the 1930s, the Rockefellers pushed hard for war against Japan.

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What Caused the Irish Potato Famine?

Free MarketsInterventionismOther Schools of Thought

03/17/2017Mises Daily Articles
Was the Potato Famine an ecological accident, as historians usually say, or a politically created one?

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Mercantilism: A Lesson for Our Times?

Free MarketsInterventionismOther Schools of ThoughtPolitical Theory

02/15/2017Mises Daily Articles
Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.

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Nowadays, Health Insurance Isn’t Really Insurance

Big GovernmentFree MarketsPrices

07/30/2015Mises Daily Articles
Modern health "insurance" is really just a wealth-transfer scheme that now ignores risk and true costs...

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The War On Cash: Why Now?

Booms and BustsMoney and BanksMoney and Banking

07/29/2015Mises Daily Articles
Physical cash has long been problematic for governments because it allows people to avoid the banking system, which in turn can lead to tax avoidance and bank runs. It’s much easier to control an economy when all money must remain in banks...

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If Spending Is Our Military Strategy, Our Strategy Is Bankrupt

Taxes and SpendingU.S. EconomyWar and Foreign Policy

07/28/2015Mises Daily Articles
For decades, American military strategy has amounted to little more than outspending all adversaries. Vietnam and Korea showed this strategy sometimes fails, although it often works as long as the money keeps flowing. But the financial good times won’t last forever...

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Doomsayers Doomed in Washington State Marijuana Debate

The Police StateU.S. HistoryInterventionism

07/25/2015Mises Daily Articles
Legal recreational marijuana has now been legal in Washington State for two and a half years. During that time, violent crime has decreased, and the doom-laden predictions of opponents to legalization have failed to come true.

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Immigrants Aren’t the Only Ones Who Shouldn’t Be Voting

Taxes and SpendingU.S. EconomyPolitical Theory

07/24/2015Mises Daily Articles
Many commentators focus on immigrants when declaring that people who live off government spending should not be able to vote. However, there is no lack of longtime citizens who also have an incentive to keep the tax money flowing as long as possible.

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Central Banks and Our Dysfunctional Gold Markets

Gold StandardMoney and BankingPrices

07/23/2015Mises Daily Articles
Gold prices are subject to manipulation in a variety of ways from the private sector, central banks, and governments. To see how gold fits into markets, we must look to see how "official" and "unoffocial" prices for the yellow metal are being shaped...

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