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.
Mises Wire
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.
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.
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.
Police Dept. to Lawmakers: Stop Making New Drug Laws
Police departments are upset that new freedom-expanding laws are making their jobs less lucrative.
Consumer Optimism Is Not the Key to Economic Growth
The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.
