Civic Religion Reasserted
Relative to what is democracy "efficient"? Wittman does not say.
Mises Daily
Displaying 1761 - 1770 of 6742
Postmarket Effects of Intellectual Monopoly
Digital-music pricing is standardized and immune to market demand, just as store prices were in the Soviet Union.
Roman Law: From Laissez-Faire to Statism
Private-property rights and laissez-faire were the fundamental heritage of the Roman law to later centuries.
The Pure Time-Preference Theory of Interest
By dictating key interest rates, modern central bankers are believed to be alchemists.
Emersonian Individualism
We’re better off judging Emerson on the basis of his words, which could be called libertarian.
Averages and Aggregates
Any serious doubt concerning the validity of aggregates and averages is a dagger aimed straight at the heart of current empirical research and statistical analysis.
The Power of Ideas at Work
We can’t let this moment pass. <a href="https://mises.org/2012">Please give generously.</a>
Nonpraxeological Schools of Thought
Non-Austrian schools have a confusion over the categorical difference between theory and history.
MF Global’s Fractional Reserves
Has free banking turned MF Global into the eighth largest bankruptcy in history?
The Social Function of Profit-and-Loss Accounting
"Production for people, not profit!" Such critics do not appreciate the indispensable service that the profit-and-loss test provides to members of a market economy.
