Waging War on Work

Written by Nicholas Freiling for Mises.org. Employment law is a mainstay of state economic policy. Few question its efficacy as a means to correct “market failures”—like unlivable wages for meaningful work—that would leave society in shambles. In fact, no serious debate exists among American policymakers about the benefits of such laws. Their utility is simply…

The Austrians Were Right

Written by Harry Veryser, as published at Mises.org. The global economic meltdown that began in 2007 has brought suffering to countless millions. We have all witnessed—and in many cases experienced—the devastation. But it didn’t have to be this way. This kind of financial devastation has been predicted again and again—decade after decade—by proponents of the Austrian School…