Mises Daily

The Austrian School of economics, also called the Viennese School of economics, was founded by Carl Menger in Vienna during the last third of the 19th century. Today, the tradition is larger and more vibrant than ever before.

While most people believe that our healthcare industry is one comprised of free markets, it is anything but.

Union defenders have justified their position based on little more than the assertion that some union benefited them or some member of their family.

What DiLorenzo offers is not a biography of Hamilton but instead a critical examination of his ideas and a historical exploration of how they have shaped American history. DiLorenzo contrasts the statist, mercantilist, and nationalist philosophy of Hamilton with the strict constitutionalism of Jefferson.

The problem with government budget deficits is not merely that they (typically) lead to higher interest rates and thus reduce private-sector investment and consumption spending.

ome bozo tried to patent a species in 1889, but the patent commissioner rejected it as "unreasonable and impossible." Exactly. But this changed in stages, and only fairly recently. The current regime dates from the late 1980s. These patents handed the Left their best arguments.

When the Civil War closed, the revenue acts that had been hastily passed during its course constituted a chaotic mass.

How many people do you know who use variations on “capitalism” to describe pretty much anything they don’t like? It’s a vice that cuts several ways.

Kropotkin is one of the half-dozen cases of anarchocommunists that are worth a second look.

Taxpayers, struggling to make ends meet, would likely join the revolt, if taxes are raised just so 46 year-old ex-policemen and ex-firefighters can enjoy cushy retirements.