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December 23, 2020

Mises Institute

By Gary Galles

Why the Marketplace Is Not a Zero-Sum Game

Market progress through entrepreneurship and innovation means increased production. In a world of scarcity, that benefits all of us in society. That makes it a positive-sum game.

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By Ryan McMaken

Pelosi's "Mandate": What "Consent of the Governed" Really Means

What does "the consent of the governed" mean? In 2020, 53 percent of US residents either voted for someone other than Trump or Biden, or didn’t vote at all. It also means about 75 percent of the population did not vote for Biden.

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By Ludwig von Mises

Mises Explains the Santa Claus Principle

An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever.

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