Mises Daily Articles

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Martin Luther posting his 95 theses in 1517. Painting by Ferdinand Pauwels (1872).

Messianic Communism in the Protestant Reformation

BiographiesWorld HistoryOther Schools of ThoughtPhilosophy and Methodology

10/30/2017Mises Daily Articles
Some Reformers devoted themselves to the cause of communism as it had supposedly existed in the primitive Christian Church.
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Murray Rothbard and the Deflation Bogey

Booms and BustsThe FedFinancial MarketsMonetary Theory

10/14/2017Mises Daily Articles
Contra the "experts," the economy really needs a strong bout of deflation to eradicate malinvestments and to permit the economy to have a real recovery.
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Mises explica la guerra de la droga

Free MarketsFrom the ArchivesInterventionism

09/25/2017Mises Daily Articles
Mises sostiene que, el hecho de que algo sea un vicio no es razón para suprimirlo mediante prohibiciones comerciales.
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Mises Explains the Drug War

Free MarketsFrom the ArchivesInterventionism

09/25/2017Mises Daily Articles
Mises contends, the fact that something is a vice is no reason for suppression by way of commercial prohibitions.
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Mercantilismo: ¿una lección para nuestros tiempos?

Free MarketsInterventionismOther Schools of ThoughtPolitical Theory

02/15/2017Mises Daily Articles
La inflación no benefició a los pobres; los salarios iban por detrás de la subida de los precios durante las inflaciones, especialmente por detrás de los precios agrícolas.
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Mercantilism: A Lesson for Our Times?

Free MarketsInterventionismOther Schools of ThoughtPolitical Theory

02/15/2017Mises Daily Articles
Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.
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Michel Chevalier’s Case Against the Patent System

World HistoryMonopoly and CompetitionPrivate Property

04/17/2015Mises Daily Articles
Largely forgotten in the English-speaking world today, French laissez-faire economist Michel Chevalier was an early opponent of patents, which he dismissed as a type of monopoly and an obstacle to technological and intellectual progress.
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Egyptian currency

Middle Eastern Barriers to an Agile Marketplace

Global Economy

03/25/2015Mises Daily Articles
The Middle East once enjoyed unprecedented economic prosperity, but thanks to centuries of bureaucratic centralization and institutional barriers to free-market growth, the modern Middle East has long since fallen behind the West.
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Money drain

Moving Money Around Won’t Make Us Richer

Booms and BustsMoney and BanksMoney and Banking

01/28/2015Mises Daily Articles
At the individual level, we can't get rich by spending money, but Keynesian stimulus is built on the idea that yes, spending money does in fact make you richer. Unfortunately, it only makes some people richer, not including you.
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Printing money

Markets Restrain Bank Fraud, But Central Banks Enable It

Booms and BustsMoney and BanksMoney and Banking

01/20/2015Mises Daily Articles
If given a choice, people will avoid paper money that is declining in value, thus putting a restraint on inflationary bank notes. To shield banks from this, they turned to a monopolist central bank that issues legal tender and helps private banks inflate.
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