Mises Daily Articles

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Multiple Currencies and Gresham’s Law in Zimbabwe

Money and BanksMonetary TheoryMoney and Banking

01/08/2015Mises Daily Articles
Zimbabwe, in the aftermath of years of hyperinflation, today has nine different currencies that are officially legal tender. The emerging system of multiple currencies offers a chance to make some interesting observations.
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More DC Lies on Debts and Spending

Big GovernmentU.S. Economy

12/08/2014Mises Daily Articles
DC budget spinners are at it again, claiming that deficits are melting away and the national debt is no big deal. In fact, debt and spending are just as out-of-control as ever, and if interest rates go up, we’re in deep trouble.
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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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Moral Hazard and Socialism in Collective Security Agreements

War and Foreign PolicyInterventionism

11/03/2014Mises Daily Articles
Collective security agreements allow many countries's politicians to shift the cost of national defense to taxpayers outside their own countries. Moral hazard, belligerence, and over-reliance on military solutions often ensue.
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Money, Subjective Value, and Gold

Gold StandardMoney and Banking

10/30/2014Mises Daily Articles
The quasi-gold standard promoted by Steve Forbes and Elizabeth Ames in their new book has more in common with the Bretton Woods system than with the classical gold standard.
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More Politics Means More Conflict

U.S. HistoryPolitical Theory

10/28/2014Mises Daily Articles
A recent study shows that one's political views are now the most widespread source of discrimination and conflict in American society. Politics is now more important than ever because the state is more powerful than ever.
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Murray N. Rothbard: el hombre y su obra

Austrian Economics OverviewHistory of the Austrian School of EconomicsPolitical Theory

10/09/2014Mises Daily Articles
Lew Rockwell y Tom Woods hablan sobre Murray Rothbard, su vida, sus escritos, sus estudiantes y su carrera.
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Mises U Day 1 Highlights

Austrian Economics Overview

07/21/2014Mises Daily Articles
Students began to arrive Sunday afternoon and by 5 pm, the Mises Institute was filled with students from around the nation, and around the world. Everyone had plenty to talk about. Dinner was served at 6 pm, and our faculty members were sure to sit with the students so our students could get to...
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My Social Justice Is Better Than Yours

Free MarketsOther Schools of Thought

06/25/2014Mises Daily Articles
It is a great irony that visions of socialist harmony necessarily result in rancorous and destructive struggles among groups with contradictory visions of the good society . It is perhaps equally ironic that profit-driven competition in markets results in the highest attainable degree of...
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