Cantillon for Laymen
Richard Cantillon, "the father of modern economics," understood that to break out of the mercantilist morass we must focus on human action.
Mises Daily
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Ownership of the Product by Capitalists
Popular literature attributes enormous "power" to the capitalist. However, this is far from the case.
The Market for Literary Products
Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. Literature is just one example.
Gold versus Fractional Reserves
A dual currency system could eventually permit a smooth transition back to a sound gold currency.
I, Pencil
This classic article by Leonard Read illustrates how completely dependent the world is on the division of labor.
Libertarian Thought in Colonial America
The growth of libertarian thought in eighteenth-century America was heavily influenced by a preceding growth in England.
Bureaucratization
The progressing bureaucratization of big business is by no means the result of a tendency inherent in the development of the capitalist economy.
Aristotle on Private Property and Money
Although Aristotle scorned moneymaking and was scarcely a partisan of laissez-faire, he set forth a trenchant argument in favor of private property.
The Peculiar and Unique Position of Economics
Great men cannot adjust social conditions to their plans if they do not convince public opinion.
Jean-Baptiste Colbert and Louis XIV
Colbert: "The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing."
