President's Impact Report — Fourth Quarter 2024

Our Federal Reserve Documentary

Our new documentary, Playing with Fire: Money, Banking, and the Federal Reserve, was released at our Supporters Summit in October. You can watch it at mises.org/fire. It’s gotten over 80,000 views in three months. Please share it with your friends and family.

Mises Institute Scholars and Staff

Senior Fellow Dr. Mark Thornton’s, ”Warren Buffett, Dave Ramsey, and John Maynard Keynes Are Wrong!” episode of Minor Issues had over 20,000 downloads in the first week, and a transcript of the episode was published on ZeroHedge.

Henry Hazlitt Research Fellow Dr. Jonathan Newman was active in a wide range of media this quarter:

His Vance vs. Walz debate article was reprinted by Tipp Insights. You can view it here.
He was interviewed by Nathaniel Mannor on One America News. This interview was trimmed and turned into two shorts. You can view them here and here.
He contributed an essay to The Legacy of Robert Higgs, edited by Christopher Coyne, which was published by the Mercatus Center in October.
He was interviewed by Andrew Wilkow on Wilkow! You can watch here.

Academic Vice President Dr. Joseph Salerno coauthored an article with Drs. Carmen Dorobăț and Matthew McCaffrey and it will appear in the Cambridge Journal of Economics in 2025. The working paper ranked third on the Social Science Research Network’s top downloads list for monetary policy. You can view it here.

Executive Editor Ryan McMaken appeared on the World Affairs in Context podcast. You can watch the episode here.

Mises Institute President Dr. Tom DiLorenzo appeared on the Shaun Thompson Show, The Schilling Show with Rob Schilling, and Salem News Channel on Stacey Washington NOW. You can follow Tom’s interviews here.

Walter E. Williams Research Fellow Dr. Wanjiru Njoya appeared on UKcolumn with Charles Malet, America at Night with Rich Valdés, and Focus Today with Perry Atkinson. You can view these interviews here.

Senior Fellow Dr. Jeffrey Herbener was awarded the 2024 Peterson-Luddy Chair in Austrian Economics at our annual Supporters Summit.

Mises Events

Supporters Summit 2024: Our Enemy, the State
Hilton Head, South Carolina

On October 10–12, the Mises Institute traveled to Hilton Head Island to host our annual Supporters Summit, where our faculty, scholars, and supporters explored the nature, history, and consequences of the inflationist and interventionist state. You can find video, audio, and photos from the event here.

Thank you to our Host Committee: Bryan Lee Briggs, Mitch Cantor and Patricia Coronado, Bernard and Joan Koether, James Kluttz, James and Sandy Nardulli, and Scott and Cathy Ullery.

Thank you to our speaker and reception Sponsors: Yousif Almoayyed, Carl and Karen Bowen, David and Suzanne Britton-Ohl, Gary Clouse, Gregory and Jane Gandee, Andy Hord, Dan Johnson and Randee Laskewitz, Jeff Leskovar, Nicholas Maier, Mark and Mirella Monoscalco, Don Printz, Murray and Florence Sabrin, Steven and Cassandra Torello, and Don Wills.

Mises Circle: Elections and the Economy: Do They Really Matter?
Fort Myers, Florida

Mises Institute staff traveled to Fort Myers for an event dedicated to questioning the significance of elections and the economy. This event was sponsored by Murray and Florence Sabrin. Here is the lecture program from this stimulating event:

Mark Thornton, “Voting on Drugs”
Murray Sabrin, “Bipartisan Spending, Money Printing, and Debt: The Myth of the Two-Party System”
Wanjiru Njoya, “Will DEI Ever DIE?”
Tom DiLorenzo, “Politics and Economics of the Deep State Monopoly”

You can view photos and talks from the event here.

Turning Point USA, AmericaFest

The Mises Institute traveled to Phoenix, Arizona, to promote our many student programs at Turning Point USA’s AmericaFest. Our booth was a big hit! We gave away over 500 copies of What Has Government Done to Our Money? and hundreds of pamphlets by Ron Paul, Joe Salerno, Guido Hülsmann, Murray Rothbard, and Ludwig von Mises, educating attendees on inflation, Marxism, and socialism.

Mises Book Clubs

Dr. Paul Cwik led a Mises Book Club at the University of Mount Olive. Participants discussed Ludwig von Mises’s Economic Policy: Thoughts for Today and Tomorrow. Here’s what some of the participants had to say about their experience:

“The Mises Book Club has been an enriching experience, offering a unique platform to delve into and discuss the profound economic ideas of Ludwig von Mises. This club is invaluable for students and scholars seeking to expand their understanding of economic policy.” — Khalid Dubas
“I found the most important aspect of the Mises Book Club to be the opportunity to analyze and discuss the teachings of Mises with other interested students.” — Nathan Lassiter

George Pickering led a Virtual Mises Book Club focusing on Murray Rothbard’s Egalitarianism as a Revolt Against Nature and Other Essays. Here’s what the students had to say about their experience:

“At the Mises Book Club, people discover that they are not alone in their interest in liberty, peace, and the Rothbardian philosophy.” — Leon Isidoro Maehlum Rykkja, Facultad de Teología San Isidoro
“The Mises Book Club was one of the highlights of my week, I already miss it! My daytime studies are in a completely different field, and so it was very awesome to be able to step into engaging discussions on libertarian theory for an hour a week. I am so grateful to have been able to listen and even partake in such a level of discussion.” — Ludovico Lumicisi, Danmarks Tekniske Universitet

New Publication

The lectures World at War by Ralph Raico have been transcribed and annotated into a book by Edward W. Fuller. To understand war, you also have to understand economics. Recorded in 1983, it remains perhaps the best introduction to the classical liberal interpretation of the two world wars of the twentieth century. Available in the Mises Bookstore and on Amazon.

Mises Around the World

Mises Club Denmark held their second meeting on August 25.

The Mises Institute Korea funded Korean translations of Why Austrian Economics
Matters by Llewellyn H. Rockwell Jr., The Essential von Mises by Murray N. Rothbard, and The Ethics of Liberty by Murray N. Rothbard to help spread the message of liberty in South Korea. Mr. Allen Jeon, Mises Korea’s founder, graciously donated copies of the translated works to the Mises Institute’s library. He also sent us copies of the February 2022 and February 2024 issues of Mises Korea’s magazine The Austrian, which feature special interviews with Tho Bishop and Don Printz.