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 ...

“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 ...

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 ...

Some great economic observations and insights from Ludwig von Mises’s lecture for the American Academy of Political and Social Science in Philadelphia on March 30, 1945: The inequality of income and ...

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.

Ludwig von Mises, a foundational figure of modern libertarianism, was also for decades a hero of the American right. In George H. Nash's magisterial 1976 history The Conservative Intellectual Movement ...