Mises Daily
The Deflating Bubble
"All of this government intervention will only spawn new malinvestments and later depressions."
Pursuing a Vocation in Austrian Economics
Working closely with other fellows and resident Mises faculty, sharing concerns and solutions, networking as a Mises summer fellow is a big leg up for the young Austrian in meeting the challenge of launching a successful career in an academic world that is again growing increasingly hostile to the market economy and society.
Killing in War
Unjust combatants who feared punishment at the end of the war might be more reluctant to surrender, preferring to continue to fight with a low probability of victory than to surrender with a high probability of being punished.
How Zoning Rules Would Work in a Free Society
Libertarians have been critical of zoning laws, which restrict the ability of property owners to develop their property or use it for their desired purposes.
The Folly of the National Sales Tax
By decreasing the real output derived from national resources in this manner, the VAT necessarily decreases the material standard of living for all of a nation's consumers.
Murphy Sets the Record Straight
True prosperity did not return until "the federal government relinquished its stranglehold on the American economy."
Sorry, We’re Clothed
The wealth that strip-club patrons and strip-club moguls thought they had to throw around was but an illusion, and the reality is sobering for the entertainers, cabbies, politicians, and others who have been riding the strip-club boom.
Mises As We Knew Him
"Mises must be compared to thinkers like Voltaire or Montesquieu, Tocqueville and John Stuart Mill."
Why I Expect Serious Stagflation
Suppose in 2007 you were handed a piece of paper and a pencil, and were asked, "Come up with a list of bullet points for how to generate severe stagflation in the years 2010 through 2019."
Wouldn't your list look pretty similar to what has already happened?