Mises Daily

Inequality of wealth and incomes is an essential feature of the market economy.

Could there be firms without corporate law? The answer is obvious: firms exist and are an important part of modern markets today just as they existed and provided a vital function before the advent of modern legal systems.

Since the State thrives on what it expropriates, the general decline in production that it induces by its avarice foretells its own doom. Its source of income dries up. Thus, in pulling Society down it pulls itself down.

It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply. 

The standard reply of the Fed and its partisans is that any such measures, however marginal, would encroach on the Fed’s independence from politics.

It was in Europe—and above all, America — that human beings first achieved per capita economic growth over a long period of time.

Civilization is an achievement of the 'bourgeois' spirit, not of the spirit of war and conquest.

When anything goes wrong, from a train wreck to a change in stock market prices, the craven crowds always clamor for just one more law.

There is nowhere Marx is fuzzier or shakier than in the concept of historical materialism, the key to the inevitable dialectic of history.

Thanks to plea bargains and endless lists of new laws, American prisons are filled with innocent people.