Mises Daily

It is to mankind's collective detriment that the story of the Aksumite kingdom remains largely unknown.

Mises explained how modern value theory shattered the analytical limitations that severely hampered the classical economists.

Cass Sunstein is so anxious to push his theory of government that he distorts the reality to conform to his dreams.

Advertising must be defended by those who believe in freedom of speech — for that is all advertising is.

If you want a monopoly, you don’t have to be buddies with the king. You can just go to the patent office.

The fax machine was like the Star Trek transporter. Documents were being "beamed."

Hayek determined to form a society committed to persuading the intellectuals, and hence the masses and their political leaders, to change course.

If we were all responsible for our own healthcare, education, and sustenance, there would be no immigration debate.

The way to become an expert is as follows: don’t challenge the prevailing orthodoxy of the institution; learn the history, underlying principles, and the inner workings of the institution; regurgitate the orthodoxy as you’ve been taught; celebrate the march of the state.

Value is in the eye of the beholder, and hence voluntary trades are win-win activities.