Mises Daily

Environmental economics is steeped in standard neoclassical theories of efficiency and Pigouvian welfare economics. That's a problem. 

So long as there are governments with stones ready to throw, there will be a need for someone to point out that destruction is never productive, never beneficial, and never a path to the good life that we all seek.

Laurence Vance explains that Mises's writings criticize both theism and atheism insofar as they are guilty of conflating economic fallacy and divine will.

Socialists once argued that socialism would best capitalism in terms of wealth creation. Now they don't say capitalism leads us to poverty but to too much wealth.

Carl Menger, from his classic treatise, on the origins of the means of payment.

Ignorant politicians who create no wealth can only impede great visionaries like Henry M. Galt from creating wealth with monetary chicanery, antitrust litigation, labor laws, and other regulatory measures.

During the 1930s, the Rockefellers pushed hard for war against Japan.

Economic growth is not something that just happens. It requires saving. It requires investment and capital accumulation. And it requires the real market process. 

Utilitarianism assumes that morality—the good—is purely subjective to each individual. It also assumes that these subjective desires can be added, subtracted, and weighed across the various individuals in society.

In Nock's view, the usurpation of social power by state power went hand in glove with a rise in war, intra-social conflict, arbitrary authority, indebtedness, and many other injustices.