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Collectivism and interventionism emphasize the importance of national boundaries. Indeed, they make territorial expansion once more worthwhile because, within the wider area, there are more resources and a greater scope for planning, writes Michael A. Heilperin.
This audio Mises Daily is narrated by Jeff Riggenbach.
If the dictator invests more and thus curtails the means available for current consumption, the people must eat less and hold their tongues. No crisis emerges, because the subjects have no opportunity to utter their dissatisfaction, writes Ludwig von Mises (1881–1973).
This audio Mises Daily is narrated by Jeff Riggenbach.
Seeing the rise of effective new competition, the older artisans and manufacturers turned to the state apparatus to try to shackle the efficient upstarts. But again and again, the market managed to get a leg up in its unending, zigzag struggle with power, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
Anyone who champions the well-being of society should especially celebrate commercial centers, stock markets, international trade, and every sector in which money changes hands in exchange for assets, goods, and services, writes Jeffrey A. Tucker.
This audio Mises Daily is narrated by Steven Ng.
The whole entrepreneurial class is in the position of a master builder whose task it is to erect a building out of a limited supply of building materials. Our master builder's fault cannot be overinvestment, but only an inappropriate employment of the means at his disposal, writes Ludwig von Mises (1881–1973).
This audio Mises Daily is narrated by Jeff Riggenbach.
France's absolutism and strictly enforced mercantilism put it out of the running as a leading nation in industrial or economic growth, despite that its early industrial development had seemed promising and that its population was six times that of England, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
The supporters of socialized healthcare dream that everything will remain the same, except that someone else will pay the bill. But man changes by degree as liberty is lost, writes Jim Fedako.
This audio Mises Daily is narrated by Steven Ng.
The drop in interest rates makes unrealizable projects appear profitable and realizable. Entrepreneurs embark upon the execution of such projects. Business activities are stimulated. A boom begins, writes Ludwig von Mises (1881–1973).
This audio Mises Daily is narrated by Jeff Riggenbach.
When the influx of silver and gold from the Spanish colonies in the New World dried up, little or nothing remained. But that was not all. Royal action also managed to destroy several flourishing sectors of the Spanish economy, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
The average range of tuition inflation is normally 8% annually, and prices have not fallen or stabilized once since 1977, regardless of economic climate. This symptom may be attributed to cheap and accessible money, writes B. T. Donleavy.
This audio Mises Daily is narrated by Steven Ng.
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