Mises Daily Articles

Displaying 1 - 10 of 381

Socialism Isn't about Creating Economies. It Is about Amassing Political Power

PhilosophyPoliticsSocialismCalculation and Knowledge

03/26/2023Mises Media
Most socialists are not misguided about how to have a prosperous economy, for that is not their goal.
Read More

Silicon Valley Bank and the Failure of Fractional Reserve Banking

Booms and BustsMoney and BanksU.S. EconomyMoney and Banking

03/23/2023Mises Media
The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system.
Read More

Slavery in the Americas: Separating Fact from Fiction

EducationU.S. HistoryWorld History

03/11/2023Mises Media
There is no denying the awful history of slavery in the Western Hemisphere. However, to better understand its legacy, we must rely on truth, not myths.
Read More

Saudi Arabia’s Quandary: The End of the Petrodollar

Cronyism and CorporatismMonetary PolicyWar and Foreign Policy

03/09/2023Mises Media
As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar.
Read More

Secession Is Inevitable. War to Prevent It Is Optional.

PoliticsSecessionU.S. HistoryWorld History

03/08/2023Mises Media
The answer lies not in doubling down on political unity, maintained through endless violence or threats of violence. Rather, the answer lies in peaceful separation.
Read More

Secession: Should the American Revolutionaries Have Quit to Appease the Loyalists?

PoliticsSecessionU.S. History

03/03/2023Mises Media
Opponents of secession say secession is wrong if some people in the population don't want it and say they will be worse off. The American revolutionaries disagreed and seceded anyway.
Read More

Saint Augustine, Proto-Austrian

History of the Austrian School of EconomicsPraxeology

02/28/2023Mises Media
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics .
Read More

Subsidizing Higher Education Is Not Creating Widespread External Benefits

Cronyism and CorporatismEducationMedia and CultureProgressivism

02/19/2023Mises Media
Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people.
Read More

Social Security Taxes Aren't "Your" Money

Bureaucracy and RegulationLawLegal SystemU.S. Economy

02/13/2023Mises Media
The government can't return the SS money it stole in the past. It's impossible. That money's gone. Taxing today's workers to "pay back" pensioners is just creating a new group of tax victims.
Read More

Since Covid Lockdowns, New York Lost More of Its Population than Any Other State

HealthLawU.S. History

01/22/2023Mises Media
The migration data from 2020 to 2022 backs up the idea that a great many people are moving from restrictionist covid states to states where the public health technocrats have less power.
Read More