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Gary Galles

Tags 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.


All Works

Why Don't Pro-Tax Millionaires Just Pay More Tax Voluntarily?

Political TheoryPraxeology


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.

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"Good Governors Do Not Consider Their People as Their Prey"

02/10/2020Power & Market

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.”

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The Fable of the Bungling Firemen

02/04/2020Power & Market

Some highlights from Leonard Read's Seeds of Progress, free online at, for its fortieth anniversary.

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Leonard Read on Violence, Liberty, and Love

02/03/2020Power & Market

"Understanding liberty requires that we think…of replacing violence with voluntary action."

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Why Democracy Doesn't Give Us What We Want

Philosophy and MethodologyPolitical Theory


Uncritically holding democracy out as an ideal overlooks the question of whether market democracy or political democracy better serves citizens.

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