Mises Daily Articles

Inequality of wealth and incomes is an essential feature of the market economy.

"Consumerism" seems like a big problem until the market supplies an essential good or service we badly need.

This classic article by Leonard Read illustrates how completely dependent the world is on the division of labor.

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.