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Biden’s Economic Time Bomb: A Warning to Trump

Biden used government spending to bloat growth and job figures so aggressively that the next administration will see a recession if it reduces public-sector growth.

Help Wanted

Wanted: Critics of Austrian Economics

Austrian economics today needs critics. It doesn‘t need the critics (like Paul Krugman) who cannot give valid and accurate criticisms, but rather people who actually understand the concepts upon which Austrian thinking is built provide a real challenge.

The Context Behind Donald Trump’s “Takeover” of the American Right

While it is often framed in the media as a battle between principled conservatives and an angry, non-ideological movement focused solely on personal loyalty to Trump, the current civil war on the American right is only the latest chapter in a much older story.

The Battle on Lake Geneva—Mises vs. the Statists at Mont Pelerin

The original Mont Pelerin Society meeting in 1947 featured Ludwig von Mises, whose warnings about the dangers of socialism and totalitarianism had gone unheeded. In the wreckage of World War II, the truth of his message should have been obvious. It wasn't.

The Corrupt Nature of DEI

Even though DEI (diversity, equity, and inclusion) has taken a beating in some state legislatures, it still has a corrupting influence, especially in higher education. As Murray Rothbard pointed out, egalitarians are “at war with nature.”

Your Kids Are Already Communist, and College Will Make It Worse

Modern American culture is statist to the core. The typical school curriculum tells students that capitalism is evil and socialism is good. This only gets worse in college.

Mises on the Human and Financial Disaster that Was World War I

On this day 106 years ago, the warring parties of World War I agreed to an armistice, ending more than four years of slaughter in the trenches. As Ludwig von Mises recalled, governments also slaughtered their own currencies to pay for the bloodshed.

Assumptions in Economics and in the Real World

Mainstream economists often base their analysis upon assumptions that do not square with reality. Austrian economics, on the other hand, is built upon realistic assumptions and the acknowledgement that good economics must reflect human action.

All States are Empires of Lies

Most economists are political apologists masquerading as economists. They are Rothbard’s “court historians” with degrees in economics instead of history.

The Complex Legacy of George Orwell

While most of us know George Orwell as an authoritative critic of totalitarianism, few people know he was a committed socialist and a lifelong defender of communist Leon Trotsky. While he understood totalitarianism, he never understood socialism.

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.

December 3, 2024

Various Locations

This fall, students from across the US are participating in Mises Book Clubs led by scholars at various universities and colleges. These student groups promote deep reading in Austrian economics.

In January 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.

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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