The free enterprise system within a rule of law is the best engine for prosperity. Ludwig von Mises (1881-1973) is recognized by many as its greatest advocate. His name was largely ignored for decades ...

For more than a century, economists have tried to reduce economics to a series of mathematical equations and statistical ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

Today, we honor the memory of the great Austrian economist Ludwig von Mises, who was born on this date in 1881. Mises championed free market economics at a time when socialist delusions ran rampant.

Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Creditby the Austrian ...

Ludwig von Mises’s majestic magnum opus, Human Action: A Treatise on Economics, was published on September 14, 1949. In the nearly seven decades since its appearance, Human Action has come to be ...

In 1944, Austrian economist Ludwig von Mises made a passionate defense of free enterprise to a group of business leaders at the California Club in Los Angeles. Seven decades later, the same venue ...

“The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement,” argued ...

“The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement,” argued ...