Mises Daily

We are so used to celebrating the glories of the democratic state, we often forget its limitations. 

The unexpected inversion has led to wild speculations about the cause and solution, but only the Austrian economists name the real culprit.

The Japanese FTC used kid gloves, but still punished the firm for doing what competitors are supposed to do. 

You may never have heard of them, but they battled against the main cause of state expansion in the 20th century. 

The only secure foundation for the right of free speech is private property, but civil libertarians are loathe to admit it. 

In 1940, Mises watched the rise of the total state and the destruction of Europe, and believed he had been "the historian of decline." But the designation doesn't apply to today's Misesians.

The Prime Minister's statist, inflationist program isn't saving the country; it is preparing the way for yet another crash. 

Why the attempt to eliminate social and economic inequality always and everywhere ends in massive coercion. 

This year's political campaigns highlight at least one positive trend: the "best and brightest," who nearly wrecked us, are no longer wasting their talents serving the state. 

In the last several decades, step by step, the system has become Diocletianized.