Mises Daily

Why does the scope of the state always enlarge? Michael S. Rozeff suggests a theory based on the the incentives of those who possess the power to tax.

In the economy of India, you face a choice, writes Jayant Bhandari: obey the law and go out of business, or find ways around the law and make a profit.

Eugen von Böhm-Bawerk expressed concern that the interest rate might not get rid of its "moral shade"—its moralischer Schatten. Thorsten Polleit chronicles the attempts to drive it to zero.

The Supreme Court overturned the guilty verdict against Arthur Andersen Company, writes William Anderson, but it came too late to save the firm.

Las Vegas is one big bubble, writes Doug French. Sin City's brand name has never been hotter.

Doug French reviews the hit economics book Freakonomics.

The Jedi sacrifice truth and justice to ambition, writes Adam Young. May this serve as a warning to all who see in emergency circumstances a reason to betray principles and adopt the methods of the Dark Side. 

Pundits and bloggers are addicted to decrying the supposed cell-phone addiction of Americans, writes Jeffrey Tucker. Actually, there is a rational explanation for why we observe so much cell-phone yammer and why we find it so alarming.

Communist Parties are still alive and well, even in post-communist countries. Luca Ferrini speculates that the larger the state, the more it corrupts the mind and the culture. Communism means never having to leave the nest.

What's the best book on money ever written? That's an easy one: What Has Government Done to Our Money? by Murray N. Rothbard. The Mises Institute is bringing out a new edition, and uniting it with Rothbard's radical blueprint for monetary reform. You can help.