From todays Mises newsletter, two articles about why the economics of politics are different from the economics of markets and one article about the history of economic thought.
No state regime is a business and it doesn't have a business model. Real businesses rely on free voluntary exchange with customers. States rely on violence and coercion.
As a creature of Congress and, effectively, an arm of the U.S. Treasury, everything it does has bearings on elections, consumer sentiment (and therefore incumbent approval ratings), and the wealth of the big political donor class.
By Pedro Goulart
How Carl Menger and the Austrians Helped to Steer Economic Theory in the Right Direction
When Adam Smith and the English classicals promoted division of labor as the most important ingredient in economic development, it took Carl Menger and his Austrian successors to point out that error and promote the proper economic theory of production.
One note about this final article: the Austrians are well within their rights to celebrate their role in what is called the Marginal Revolution, but there were other contemporary economists (Walras and Jevons) who independently developed subjective value theory and they also deserve recognition for advancing economic theory.