The theory of the emergence of the State both in public choice literature and in neoclassical economics assumes that social interaction is prone to “failure” on the model of neoclassical “market...
From The Myth of National Defense: Essays on the Theory and History of Security Production, edited by Hans-Hermann Hoppe.
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.