As a young man Alexander Hamilton once wrote, "There is a certain enthusiasm in liberty, that makes human nature rise above itself, in acts of bravery and heroism." While it is tragic that Hamilton ...

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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. Ludwig von Mises achieved fame for his major theoretical works, Human Action, The Theory of Money and Credit, and Socialism. His ...

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.

“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 ...