Mises Daily Articles

Displaying 211 - 220 of 6788

The Cultural and Political Consequences of Fiat Money

Money and BanksMoney and Banking

11/20/2014Mises Daily Articles
Our global system of fiat moneys favors spenders and borrowers over savers. Low- and moderate-income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century.

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Global Irrational Exuberance Enters a New Phase

Global EconomyBusiness Cycles

11/19/2014Mises Daily Articles
The present global plague of asset price inflation is transitioning into a new phase. Some optimistic commentators suggest a benign and painless end to the plague lies ahead, but the evidence suggests otherwise.

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The New Mises.org Is Here!

11/18/2014Mises Daily Articles
The new mises.org is not just a renovation of the old site, but rather a wholly new platform that will serve as the foundation from which we can adopt new innovations in web design, social media, mobile technology, and more.

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Central Banks Are Not Innocent Bystanders

The FedMoney and BanksBusiness Cycles

11/17/2014Mises Daily Articles
The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central...

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Middle-of-the-Road Policy: Lessons from Argentina and Venezuela

Global EconomyWorld HistoryInterventionism

11/15/2014Mises Daily Articles
Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism. With price controls, protectionism, and rampant inflation, Venezuela and Argentina have proven him right.

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Can Anarcho-Capitalism Work?

Free MarketsPolitical Theory

11/14/2014Mises Daily Articles
The term “anarcho-capitalism” has, we might say, rather an arresting quality. But while the term itself may jolt the newcomer, the ideas it embodies are compelling and attractive, and represent the culmination of a long development of thought...

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What A Divided Berlin Still Teaches Us Today

World HistoryPolitical Theory

11/13/2014Mises Daily Articles
Berlin provides us with an example that comes as close to that of a controlled social experiment as one could probably hope to get.

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Pakistan and the Problem of Military Aid

War and Foreign Policy

11/13/2014Mises Daily Articles
War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer. The parasitic class makes war with purpose and deliberation in order to conceal and ratchet up their exploitation of the...

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The Case for Optimism

Big GovernmentPolitical Theory

11/12/2014Mises Daily Articles
The state seems more powerful than ever, but the state is both economically and intellectually unsustainable. We're already witnessing a breakdown in the state's legitimacy and power, and we should be optimistic about seeing more of this in the future...

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The Economics of Tipping

Free MarketsValue and Exchange

11/12/2014Mises Daily Articles
Many people think that tipping is a results from stingy employers not paying a "living wage." But tipping solves multiple economic problems while making employers more likely to hire untried workers...

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