Mises Daily

Never forget the Christmas truce of World War I, when troops refused to be pawns of empire for one blessed day.

Socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would, after centuries of gains in prosperity, rediscover the meaning of hunger on a massive scale.

The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

One lesson learned should be that fiat paper money won’t work.

Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without "pre-judgment" is futile.

To Marx, each individual's thinking is all determined not by his personal self-interest but by the interest of the class to which he supposedly belongs.

Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.

The siren song of a stable price level has lured leading politicians and economists as early as 1911.

In a slave system, threats of brutality underlay the whole relationship.

The so-called progressives sought to shape and control selected aspects of American family life, including education, work, liquor consumption, suffrage, and family size.