Mises Daily Articles

Displaying 1 - 10 of 343

Is Gold Money?

Free MarketsMoney and BanksGold Standard

01/22/2021Mises Daily Articles
A store of value is not necessarily a medium of exchange, and in our current fiat money system, gold is not money. But it has most of the desirable properties of money, and there is much to learn form the process of how it became money in the past.
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Inflation Breeds Even More Inflation

The FedGlobal EconomyMoney and BanksInterventionism

01/16/2021Mises Daily Articles
Mises's firm anti-inflation view—and his recommendation for a return to sound money (that is, free market money)—rested on his awareness of the disastrous consequences of an inflationary policy
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Individualism and the Industrial Revolution

World HistoryEntrepreneurshipOther Schools of Thought

12/19/2020Mises Daily Articles
Marx and Engels denied that the individual played a role in historical evolution, and the idea of "individualism" remains an important antidote to Marxism today.
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Is Greater Productivity a Danger?

Free MarketsInterventionism

01/01/2020Mises Daily Articles
It is true that if labor becomes more efficient, workers must find other uses for the time they now have available. But why is this a problem? Human beings have unlimited wants, and there are always new uses for human labor.
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Inflation

Free MarketsWorld HistoryInterventionismOther Schools of Thought

10/25/2019Mises Daily Articles
Unfortunately, some people prefer to attribute the cause of inflation not to an increase in the quantity of money but to the rise in prices.
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If a Pure Market Economy Is So Good, Why Doesn't It Exist?

Free MarketsWorld HistoryOther Schools of ThoughtPolitical Theory

08/20/2019Mises Daily Articles
"Herein lies the key to changing society — changing public opinion or people's preferences toward government. And the only way people are likely to change their preferences is through education and persuasion; force is ineffective."
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Is Libertarianism Amoral?

BiographiesThe FedWar and Foreign PolicyPhilosophy and MethodologyPolitical Theory

04/22/2019Mises Daily Articles
Conservatives have often claimed that that the libertarian (aka "classical liberal") alleges "human freedom as the single moral imperative. " But I doubt a single example of this could be found in the whole history of liberalism.
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Is There Room for Compromise with Socialism?

Free MarketsOther Schools of Thought

12/27/2018Mises Daily Articles
Government power rests on the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. Those who want more government want more compulsion and less freedom.
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Innovation Requires Economic Freedom

Free MarketsEntrepreneurship

11/17/2018Mises Daily Articles
The foremost aim of despotic government is to prevent any innovations that could endanger its own supremacy.
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