Mises Daily

The writings of the great French economist explain why the recent conflict with China has ended through diplomacy and peace rather than belligerence and war, writes Llewellyn Rockwell.

Interventionism is often justified on grounds of "efficiency," as defined by judges and economists who have no stake in the outcome of disputes over property rights. Gene Callahan explains the Austrian view.

Professor Shand was an outstanding economist in the Austrian tradition and a friend to the Mises Institute. His intellectual legacy is built on his two books on the science and morality of market economics. His son offers a tribute. 

In choosing whether tax cuts should be big or small, will the U.S. follow the path of Germany's Ludwig Erhard or of the socialists in Britain? Gregory Bresiger explains what's at issue.

A new book on liberty is an inspiring contribution to the resurgence of the pro-private property intellectual movement. Its replies to Gray, Rawls, and Sen should exert a decisive effect in future debates on political economy.

Think about it: a major motion-picture, "Enemy at the Gates," that dares to lump nazis and communists into one reprehensible leftist dung-heap. Lawrence Reed wonders if he is dreaming. 

He has fallen from grace for failing to inflate. But Greenspan is still wrongly assumed, by everyone but the Austrians, to have god-like powers over the economy. Hans Sennholz explains.

Tax cuts are great, but there is a missing element in Bush's budget: any attempt to cut outlays. New spending must be paid for somehow, someday, writes Frank Shostak.

The advocates of "sustainable development" say that the free market does not adequately differentiate between present and future needs. But are the advocates themselves clairvoyant?

A former Fed chairman explains how the stock-market bubble has changed American values for the worse. Gregory Bresiger reports.