Why Business Cycle Theory Matters
Business cycles are usually treated as though they were unavoidable natural phenomena, writes William Anderson, when they are actually the result of government manipulation.
Business cycles are usually treated as though they were unavoidable natural phenomena, writes William Anderson, when they are actually the result of government manipulation.
Any numbskull can find statistics to show that if the resource base stays the same and population increases then all hell will break loose, writes Benjamin Marks. This is the Malthusian mirage.
The oft-heard tale about the sad plight of labor as versus capital is almost entirely false, writes Thomas Woods, author of a new book on American history.
It turns out that the blue states are subsidizing the red ones, writes Chris Westley, which makes for hypocrisy all around.
The goal, the driving passion, has been to create the conditions for truth to be told and to make available a setting where freedom is valued and practiced. Mises believed that the way to defeat evil is to say what is true. Against the idea of liberty, he said, the fiercest sword of the despot is finally powerless. The Mises Institute seeks your support for this work.
Mises has long been identified with the political Right and American conservatism, writes Jude Blanchette. Mises, however, regarded himself as a liberal in the classical sense, and even used the world libertarian to describe his views.
We are being bombarded with all of the same old myths about the evils of tax loopholes, writes Thomas DiLorenzo, the alleged imperative of "tax fairness," and the desirability of "revenue neutrality."
Many people have said that the collapse of the Soviet Union proved that Mises was correct. New research into the origins of writing, writes Gene Callahan, provides clues that allows us to formulate Mises's argument concerning calculation more precisely.
Day in and day out, for hundreds of years, pawnbrokers have engaged in a perfectly legitimate business, write Glen Tenney.
For local government bureaucrats around the country the Fifth Amendment has been stood on its head, with "public use" meaning any private use that generates more tax booty for city hall and "just compensation" meaning whatever the local government goons can steal the property for, writes Doug French.