Mises Institute (original) (raw)

Positive capitalism

Yes, We Should Defend the Term “Capitalism”

Many proponents of free markets have tried to cast aside the name “capitalism” as a descriptor of the market system. They should take caution before doing so.

Denarius

The Denarius and the Dollar: Price Controls Then and Now

The more things change, the more they remain the same. In our present age of inflation, we are reminded of how Diocletian and other Roman authorities ordered price controls and other measures to hold down prices. None of these edicts were successful in bringing down prices.

The Fed Hits the Panic Button and Slashes the Fed Funds Rate

The Fed is desperate for you to think that "this time is different." Unfortunately, Powell can't seem to come up with explanation of why that is the case.

An Economy So Strong It Requires Crisis-Level Fed Action

The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime, particularly in the face of a decision like this, to avoid “spooking markets”, though this veneer is easy to see through.

Understanding the Basics of Modern Banking

Banking systems around the world have huge effects on our lives, yet few people understand how banks work. Worse yet, even fewer understand the malign powers of central banks and how this system undermines economies. Thus, it is important to demystify these systems.

The Second Trump Shooter Believed Exactly What the Establishment Media Wanted Him to Believe

After Trump narrowly escaped another assassination attempt, the establishment seems uninterested in the motives of the would-be shooter. Perhaps that’s because he’s echoing the same simplistic narratives about the Ukraine war and Trump that they demand we all believe.

An Unprecedented Monetary Destruction Is Coming

If the government really believed you would be better off and more prosperous with their policies, they would encourage free speech because everyone would value their welfare improvements. They need to limit free speech because they know they will make you poorer.

Milei Wants More Government Spending—For the Military, of Course

With this latest policy turn, the evidence continues to mount that Milei is more a typical conservative or “rightist” than he is a free-market libertarian in any meaningful sense.

Why Interest Rates Are Not the Price of Money

Both economists and laypeople carelessly refer to interest rates as the “price” of money. As Austrian economists have pointed out, however, interest is what people are willing to pay to control resources at the present time instead of waiting until later, time preference.

The Ruling Elites Create an Orwellian Reinterpretation of Human Rights

Not satisfied with the capture of most of our institutions, the ruling elites have gone full Orwell in redefining the term “human rights.” It is their own version of Newspeak.

What Has Government Done to Our Money?

In the last few years, many Americans have started to see the truth about the Federal Reserve. Putting this book in their hands at this moment will have a profound effect for the better.

October 10, 2024 - October 12, 2024

Hilton Head, SC

Join us in Hilton Head this October to discuss Our Enemy, the State.

November 9, 2024 - November 9, 2024

Fort Myers, FL

Join Tom DiLorenzo, Mark Thornton, Wanjiru Njoya, and Murray Sabrin in Fort Myers to discuss the real ramifications of the election.

February 22, 2025 - February 22, 2025

Tampa, FL

Join the Mises Institute for its fifth year in a row in Tampa for an exciting discussion on the future of academia and alternatives to state-controlled education.

March 20, 2025 - March 20, 2025

Auburn, AL

Join us in Auburn in March for Libertarian Scholars Conference 2025.

Economics for Beginners

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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