Mises Daily

If Spending Is Our Military Strategy, Our Strategy Is Bankrupt

Mises DailyJuly 28, 2015
For decades, American military strategy has amounted to little more than outspending all adversaries. Vietnam and Korea showed this strategy sometimes fails, although it often works as long as the money keeps flowing. But the financial good times won’t last forever...

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Today's Anti-Capitalists Ignore the Fundamental Problems of Socialism

Mises DailyJuly 27, 2015
Full-on anti-capitalism is again fashionable. The supporters of the latest surge in socialist sympathy relies on the idea that socialism can better deliver a decent standard of living. But without functioning markets, such a goal will prove impossible.

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