Interventionism: Government’s War Against Consumers
The government wants to arrogate to itself the power, which, in an economy, is in the hands of the consumers.
Mises Wire
Nasty Politics and “Low-Information Voters” Are Nothing New
Jon Grinspan's new book The Virgin Vote reminds us that democracy has no golden age of civil and well-reasoned electioneering.
Price Controls Are Disastrous for Venezuela, and Everywhere Else
Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.
Should We Be Concerned About the Fall in Money Velocity?
A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts.
5 Reasons Why Austrian Economics Is Better than the Mainstream
Mainstream economics is fraying at both ends. It is vague, and lacks precision. Austrian economics, meanwhile, is rooted in concrete human action.
The Division of Labor Clarified
For Mises "human society is thus spiritual and teleological," the "product of thought and will."
Why Social Welfare Programs and Democracy Cannot Co-Exist
John Stuart Mill and Ludwig von Mises realized that democracy can only work if the voters pay more into the system than they take out of it.
Today in 1971: President Nixon Closes the Gold Window
45 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window.
The Real Reason Brazil Can Still Be “the Country of the Future”
If Brazil truly is "the country of the future," it will be due to it embracing the ideas of Mises, Hayek, and Rothbard.
The Week in Review: August 13, 2016
The cronyism on display at the Brazil Olympics seems almost harmless compared to the chaos in far-more-socialist Venezuela.
