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Austrian School

Daily July gold and silver bars

Gold, Silver, and the Future of the Dollar

The FedGold StandardMonetary Theory

07/26/2014Mises Daily ArticlesMark Thornton

I don’t think the world has ever been in a more dangerous economic situation than it is today.

$Daily fracking$

Government Roads, Subsidies, and the Costs of Fracking

EntrepreneurshipPrivate Property

06/19/2014Mises Daily ArticlesSalmaan A. Khan

A result of a complex system of subsidies and other government favors, it is unclear that fracking would be sustainable in a truly free marketplace.

Gun Control in Nazi Germany

World HistoryOther Schools of Thought

05/09/2014Mises Daily ArticlesAudrey D. Kline

Stephen Halbrook’s new book on gun control in Nazi Germany details the step-by-step process of disarming the German population.

Gary Becker, RIP

BiographiesFree Markets

05/06/2014Mises Daily ArticlesWalter Block

Gary Becker passed away on May 4, 2014 at age 83. There will be many obituaries written about this Nobel Prize winning economist, focusing on his numerous and important contributions to the dismal science. Here, instead, I will tell a more personal story, my own private interactions with my first...

Government Water and Drought in California

Big GovernmentThe Environment

03/03/2014Mises Daily ArticlesKathryn Muratore

The special interests on the left and the right ignore the history of water in the west and the failings of the present system.

Galbraith Was Right About Advertising

U.S. HistoryInterventionism

02/25/2014Mises Daily ArticlesRobert Batemarco

The greatest promotional offender is not the marketplace, but the arm twisting by government.

General Electric’s Crony Capitalism

Corporate WelfareInterventionismOther Schools of Thought

11/25/2013Mises Daily ArticlesHunter Lewis

The Obama administration inserted language into the 2012 fiscal cliff bill that enabled GE to avoid paying much federal income tax.

Germany’s “Dangerous” Current Account Surplus

The EntrepreneurFinancial MarketsGlobal EconomyInterventionism

11/20/2013Mises Daily ArticlesFrank Hollenbeck

If Germany has competitive labor costs and can build a better widget, where is the problem?

Government Can’t be Trusted With the Death Penalty

Free MarketsLegal SystemU.S. History

10/29/2013Mises Daily ArticlesMarc Hyden

If we wish to limit the power of the state, the state’s death penalty may be a good place to start.

Government Shutdowns, the Debt Ceiling, and Our Mountain of Debt

Big GovernmentTaxes and SpendingInterventionismPolitical Theory

10/17/2013Mises Daily ArticlesShawn Ritenour

What is needed is fiscal reform. Only drastically cutting government spending will bring back prosperity.

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The Mises Daily articles are short and relevant and written from the perspective of an unfettered free market and Austrian economics. Written for a broad audience of laymen and students, the Mises Daily features a wide variety of topics including everything from the history of the state, to international trade, to drug prohibition, and business cycles.

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Gary Galles

Gary M. Galles is a Professor of Economics at Pepperdine University and an adjunct scholar...

There Is No Moral Right to Strike

American law protects what is called the "right to strike." However, Leonard Read found no moral code that permits...

Living by a Premise

More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a...