JOIN OR RENEW TODAY
Financial MarketsMonetary Theory
Works Published inMises Daily Article
Gary M. Galles is a professor of economics at Pepperdine University. He is the author of The Apostle of Peace: The Radical Mind of Leonard Read.
Many rich people publicly support measures to "raise taxes on the rich." This is because the cost of voting to give away $1 million is far lower than the cost of actually giving it away.
The authors of Cato's Letters understood the essence of good government: “whether the fruits of his labor be his own, and whether he enjoy them in peace and security.”
Some highlights from Leonard Read's Seeds of Progress, free online at Mises.org, for its fortieth anniversary.
"Understanding liberty requires that we think…of replacing violence with voluntary action."
Philosophy and MethodologyPolitical Theory
Uncritically holding democracy out as an ideal overlooks the question of whether market democracy or political democracy better serves citizens.