Mises Daily

Several new papers on Mises exhibit fundamental misunderstandings of key points of Mises's  epistemology, starting with a paper by experimental economist Vernon Smith.

Frank Shostak rebuts the claim that markets are driven to unsustainable highs by waves of investor enthusiasm. Actually, the Fed itself is the real culprit.

Hate crimes on campus that turn out to be trumped up excuses for political crackdowns. 

The essential element in monopoly is forcible exclusion and forcible reservation, not the number of producers.

Fair disclosure: how much did Netscape pay Robert Bork to become an apologist for the most destructive government action of our time? 

Those protesting he IMF and World Bank think they are attacking free markets. Yet these bureaucracies were hatched by Keynesian central planners, and should be opposed on free-market grounds. 

The "People's Car" was beloved by the socialist Left, but the new beetle is a masterful product of labor specialization and capitalist engineering.

People's complaints about the rising price of drugs are both mistaken (no, more government controls won't help) and justified (patents do indeed restrict competition)

Contrary to the propaganda, the EPA has done little or nothing to improve the quality of life and much to diminish it. 

It's not the high costs to the bank that explain why fast cash is pricey. These fees are simply a market price for a service that is highly in demand.