Mises Daily

"The division of labour is limited by the extent of the market." The extent of the market, however, is best defined by entrepreneurs and consumers, not regulators.

We suggest that inflation is not rises in prices as such but the debasement of money.

The global-warming debate has now been completely politicized.

Since both the New Left historians and the libertarian historians derived from Beard and Barnes, it might be expected that their scholarly and polemical paths would cross — that they would know of each other and, perhaps, even collaborate on projects of mutual interest and benefit.

"Such aggregates have little meaning, as all human action consists of striving for individual goals."

"Since the name leftist had become identified with the struggle of the individual against the tyranny of government, the new tyrants continued to use that good name for their own purposes."

[This article is excerpted from chapter 15 of Human Action

Freedom, or liberty, is the natural law that the Founders knew put us in the image of God.

In a market economy, whether it is domestic or international in scope, everyone's standard of living can rise at once.

The Social Security system has run its course. It's unfair and it's economically destructive. It's time for the program to be abolished.