Mises Daily

He has fallen from grace for failing to inflate. But Greenspan is still wrongly assumed, by everyone but the Austrians, to have god-like powers over the economy. Hans Sennholz explains.

Tax cuts are great, but there is a missing element in Bush's budget: any attempt to cut outlays. New spending must be paid for somehow, someday, writes Frank Shostak.

The advocates of "sustainable development" say that the free market does not adequately differentiate between present and future needs. But are the advocates themselves clairvoyant?

A former Fed chairman explains how the stock-market bubble has changed American values for the worse. Gregory Bresiger reports.

Enforcement of intellectual property rights" can conflict with the rights of tangible property holders. When the WTO does it, the free market get a bad name. Illana Mercer explains.

Israel Kirzner's new book on Mises is a welcome addition to any economics library, writes Joseph Stromberg. It is remarkable how much the author accomplishes in this short work.

Ridley Scott’s Oscar-winning epic, Gladiator, is partly fictional, but the part that isn’t should serve as a reminder of lessons from one of history’s greatest civilizations. Larry Reed explains.

A notable biography of Hayek does not make a fair, generous, and reasoned attempt to present the ideas of the individual whose life story is being told. Richard Ebeling is the reviewer.

Government intervention designed to stop the spread of disease is making matters worse, by destroying property and institutionalizing a moral hazard. Christopher Westley explains.

If millions of mutual investors should stampede out of their holdings, would they cause a "mutual fund death spiral"? Under the Investment Company Act, the SEC is authorized to suspend the redemption obligation.