Mises Daily Articles

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We're Taught to Revere Schoolteachers. So Why Are They Paid So Little?

The EntrepreneurFree MarketsPrices

07/31/2021Mises Daily Articles
In the case of both athlete and teacher, the rarity of the skill and the number of people who benefit from the individual determines how much they're paid.
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Por qué los bienes de capital son la clave del progreso económico

Free MarketsEntrepreneurshipPraxeologyProduction Theory

07/27/2021Mises Daily Articles
Los bienes de capital están disponibles gracias a la seguridad de los derechos de propiedad privada y a una clase de personas dispuestas a ahorrar e invertir. Sin esto, no puede haber grandes progresos en el nivel de vida. Pero todo esto lleva su tiempo.
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Why Capital Goods Are the Key to Economic Progress

Free MarketsEntrepreneurshipPraxeologyProduction Theory

07/27/2021Mises Daily Articles
Capital goods become available thanks to secure private property rights, and a class of people willing to save and invest. Without this, there can be no great progress in the standard of living. But, it all takes time.
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Woodrow Wilson's "Second Personality"

BiographiesU.S. HistoryWar and Foreign Policy

07/09/2021Mises Daily Articles
The term most frequently applied to Woodrow Wilson nowadays is "idealist." The expression "power-hungry" is rarely used. Yet one scholar friendly to Wilson has correctly described him as one who "loved, craved, and in a sense glorified power."
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Ley natural clásica y teoría libertaria

Legal SystemHistory of the Austrian School of EconomicsPhilosophy and MethodologyPolitical Theory

07/07/2021Mises Daily Articles
Libertad y la ley de Bruno Leoni puede ser el punto de partida para una comprensión más «clásica» de la ley natural libertaria, en realidad enraizada en la tradición aristotélica-tomista.
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Classical Natural Law and Libertarian Theory

Legal SystemHistory of the Austrian School of EconomicsPhilosophy and MethodologyPolitical Theory

07/07/2021Mises Daily Articles
Bruno Leoni's Freedom and the Law can be the starting-point for a more "classical" understanding of libertarian natural law actually rooted in the Aristotelian-Thomistic tradition.
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El no tan salvaje, salvaje Oeste

Free MarketsU.S. HistoryEntrepreneurshipOther Schools of ThoughtPrivate Property

07/05/2021Mises Daily Articles
En ausencia de un gobierno formal, parece que la frontera occidental no era tan salvaje como la leyenda nos haría creer.
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The Not So Wild, Wild West

Free MarketsU.S. HistoryEntrepreneurshipOther Schools of ThoughtPrivate Property

07/05/2021Mises Daily Articles
It appears in the absence of formal government, that the Western frontier was not as wild as legend would have us believe.
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Böhm-Bawerk: Austrian Economist Who Said No to Big Government

Business CyclesInterventionismMonopoly and Competition

06/29/2021Mises Daily Articles
Böhm-Bawerks was a brilliant economist, and we must also remember his example as a principled man of uncompromising integrity who in the political arena unswervingly fought for freedom and free markets.
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Carl Menger's Theory of the Origin of Money

Free MarketsHistory of the Austrian School of EconomicsPhilosophy and MethodologyPraxeology

06/28/2021Mises Daily Articles
The only relevant thing is that indirect exchange and money exist because the conditions for their existence were and are present.
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