Mises Daily

"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.

Due to their copper content, nickels are worth slightly more than 5¢ and pennies minted before 1982 are worth almost 3¢. They won't stick around.

WWI served as the model, the precedent, and the inspiration for state-corporate capitalism for the remainder of the 20th century.

European regionalism may very well do more to promote the cause of liberty than the more vigorous, better organized libertarian movement in the United States.

The socialist movement endeavors to revive the interventionist policies of the precapitalistic ages.

Successful entrepreneurs do not simply try, nor do they waste their money hiring employees simply to try.

Our institutions have conducted among themselves a grand competition for numbers — on ruinous terms.

Say's law not only points to the fallacy of the accelerator but to its corollary, "derived demand."

Events have concretely demonstrated that the risk expectations on Greek debt should be reset higher.