Mises Daily Articles

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The EntrepreneurFree MarketsInterventionismPraxeology

11/18/2017Mises Daily Articles
This classic article by Leonard Read illustrates how completely dependent the world is on the division of labor.

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Inflation and the Fall of the Roman Empire

Free MarketsWorld HistoryInterventionismOther Schools of Thought

10/19/2017Mises Daily Articles
At the end, the Romans welcomed the barbarians as liberators from the kleptocratic Roman state.

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If Spending Is Our Military Strategy, Our Strategy Is Bankrupt

Taxes and SpendingU.S. EconomyWar and Foreign Policy

07/28/2015Mises Daily Articles
For decades, American military strategy has amounted to little more than outspending all adversaries. Vietnam and Korea showed this strategy sometimes fails, although it often works as long as the money keeps flowing. But the financial good times won’t last forever...

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Immigrants Aren’t the Only Ones Who Shouldn’t Be Voting

Taxes and SpendingU.S. EconomyPolitical Theory

07/24/2015Mises Daily Articles
Many commentators focus on immigrants when declaring that people who live off government spending should not be able to vote. However, there is no lack of longtime citizens who also have an incentive to keep the tax money flowing as long as possible.

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It’s Not Just Debt: Government Spending and Easy Money Fuel the Greek Crisis

Big GovernmentGlobal EconomyMoney and Banks

07/13/2015Mises Daily Articles
Debt isn't the only problem Greece faces. Thanks to years of government spending and easy money, the Greek economy long ago turned away from true wealth generating activities and embraced a bubble economy instead...

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Immigration Policy Must Be Decentralized

Big GovernmentDecentralization and SecessionPricesPrivate Property

07/11/2015Mises Daily Articles
Although federal courts have struck down their efforts, states and local governments have attempted to limit taxpayer subsidization of migrant populations. This central planning of immigration by the Feds has served only to increase conflict while swelling the size of government.

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I Am the Very Model of a Modern US President

U.S. EconomyU.S. HistoryWar and Foreign Policy

06/20/2015Mises Daily Articles
In this re-imagining of the Gilbert and Sullivan tune "I Am the Very Model of a Modern Major-General," Julian Adorney explores the American presidency and the discouraging lack of variety among successful candidates...

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Is Ross Ulbricht a Libertarian Hero?

Legal SystemThe Police StatePolitical Theory

06/02/2015Mises Daily Articles
The state was being even more sadistic than usual when it handed down an unwarranted life sentence to Ross Ulbricht. Many libertarians hail Ulbricht, founder of Silk Road, as a hero of freedom. But did he really forward the cause of free markets?

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Is the Keynesian Multiplier a Real Thing?

Booms and BustsTaxes and Spending

05/12/2015Mises Daily Articles
The Keynesian multiplier would have us believe that economic growth can come from an increase in demand and spending. But if we look more closely, we find there is never a shortage of demand, and what an economy really needs to expand is more saving.

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In Saudi Arabia, It’s Looking Bubbly for Skyscrapers and More

Booms and BustsGlobal Economy

04/22/2015Mises Daily Articles
Saudi Arabia is in the midst of a huge spending binge, and among the new projects is what is to be the world's tallest skyscraper. Is this a warning sign of a new financial crisis?...

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