Ludwig von Mises Archives

Ludwig von Mises speaks about the political consequences of the welfare state. He begins by recounting the origin and se... Read more

Ludwig von Mises discusses inflation, labor unions, and issues of the adoption of improper terminology and widespread pu... Read more

Ron Paul alludes to this speech in his book End the Fed (pp. 51-52): Mises, at the time, was elderly but sharp. His subj... Read more

Two important questions to be answered: (1) What is inflation? What causes it? What are the effects? Inflation is an inc... Read more

The monetary problem – the market problem – is the medium of exchange. The illusion is that one would be better off if o... Read more

Human beings are collaborators with each other. Socialism is one kind of cooperation of people. One thing determines the... Read more

Division of labor and an exchange economy are the basis of society. Various commodities competed for being money, but go... Read more

From a practical point of view, the supply of money is very different from the supply of any other good. An increase in ... Read more

The doctrine in favor of the balance-of-payments is the worst illusory idea. Governmental interventions that seek to reg... Read more

Human cooperation means that everybody tries to contribute to the improvement of human conditions. It is in the market t... Read more