Mises Daily

Mises, unlike the neoliberals, argued that the best way to combat monopolies was to abolish the policies and government institutions that created them in the first place.

The Nazis did not invent polylogism — the idea that only certain groups are capable of correctly understanding the world. Marx pioneered that idea. But the Nazis did invent their own race-based version of it.

Let us consider the process that led to the decline and disappearance of classical Roman civilization.

Government power rests on the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. Those who want more government want more compulsion and less freedom.

Henry Hazlitt has done us a great service, for it is a rare philosopher who recognizes that the consistent adherence to a set of ethical rules promotes social cooperation and benefits everyone in society.

What is called economic progress is the effect of an accumulation of capital goods exceeding the increase in population.

If allowed to function freely, capitalism is hard-wired to distribute resources to as many people as possible at affordable prices. You don't have to be rich to participate in the bounty.

The foremost aim of despotic government is to prevent any innovations that could endanger its own supremacy.

Hostilities in the North Atlantic provided the context — or rather, pretext — for America's participation.

The war came to the United States as the "fulfillment," the culmination, the veritable apotheosis of progressivism in American life.