Mises Daily Articles

Displaying 1 - 10 of 180

Literature and the "Class War"

Media and CultureOther Schools of Thought

10/12/2017Mises Daily Articles
The greatest danger of so-called Marxian criticism is that the critics who make a fetish or a cult of it will in time become infinitely boring.

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Libertarian Paternalism

Free MarketsOther Schools of ThoughtPhilosophy and Methodology

10/09/2017Mises Daily Articles
David Gordon reviews Nudge, co-written by Richard Thaler, who was awarded the 2017 Nobel Prize in economics.

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Lenin and Marx: Sound Money Advocates?

Money and BanksWorld HistoryMoney and Banking

07/09/2015Mises Daily Articles
Surprisingly, Marx and Lenin were occasionally insightful when it came to the problems and consequences of fiat money in the economy. In principle, they opposed unbacked currency. But of course, once communists seized political power, those principles went right out the window.

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Let’s Hope Machines Take Our Jobs: We Want Wealth, Not Jobs

The EntrepreneurValue and Exchange

06/11/2015Mises Daily Articles
What if machines took most of our jobs? Things would become less expensive, and humans would become wealthier in real terms, just as has happened since the Industrial Revolution began. Fear of labor-saving technology continues unabated, nonetheless.

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Little-Known Laws That Cripple American Trade

Big GovernmentGlobal EconomyU.S. Economy

03/03/2015Mises Daily Articles
The Jones Act and similar laws have been behind a precipitous decline in global American shipping. Passed for "national defense" purposes, such laws only serve to raise the cost of shipping to US ports while restricting consumer access to goods...

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Let’s Secede from the American Monetary Union

The FedMoney and BanksMoney and Banking

01/21/2015Mises Daily Articles
The recent de-peg of the Swiss franc from the euro illustrates the importance of currency competition, and the damage that state monopolies over money can do. We Americans should embrace currency competition here at home as well.

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Leonard Liggio, RIP

10/18/2014Mises Daily Articles
Ralph Raico remembers his friend, Leonard Liggio.

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Left and Right Agree: War Is Popular

The EntrepreneurWar and Foreign PolicyCapital and Interest TheoryEntrepreneurshipValue and Exchange

10/09/2014Mises Daily Articles
The occasional eruptions of anti-war positions from conservatives and progressives are more a function of what political party controls the White House than of any principled ideological stance. Don't expect sustained opposition to war to come from either side...

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Lowering Taxes Is the Only Decent Tax Reform

Taxes and SpendingPrivate Property

09/27/2014Mises Daily Articles
Tax credits and deductions deprive the state of revenue, while allowing greater freedom to taypayers. As such, they are good things, while closing “loopholes” or eliminating tax credits is a very bad thing. Making taxes more “efficient” or “fair” only helps...

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Labor Unions Are Anti-Labor

InterventionismProduction Theory

07/28/2014Mises Daily Articles
Labor unions and the general public almost totally ignore the essential role played by falling prices in achieving rising real wages.

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