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.
Mises Daily
Displaying 1771 - 1780 of 6742
Will Nickels and Pennies Soon Disappear?
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.
War Collectivism in World War I
WWI served as the model, the precedent, and the inspiration for state-corporate capitalism for the remainder of the 20th century.
Is the United States Too Big to Succeed?
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.
Reactionary Socialism
The socialist movement endeavors to revive the interventionist policies of the precapitalistic ages.
Don’t Just Try
Successful entrepreneurs do not simply try, nor do they waste their money hiring employees simply to try.
Decline of the Great Tradition
Our institutions have conducted among themselves a grand competition for numbers — on ruinous terms.
The Accelerator and Say’s Law
Say's law not only points to the fallacy of the accelerator but to its corollary, "derived demand."
The Risk of Sovereign Debt
Events have concretely demonstrated that the risk expectations on Greek debt should be reset higher.
The Strike-Threat System
A strong tradition of leniency toward the implications of union activities existed among the British economists.
