For more than thirty years The Free Market has been the Mises Institute’s flagship monthly publication for our members. Today we introduce The Austrian , a bolder and more robust version of what you’ve known for decades. “I actually believe in the free market.” President Barack Obama, Phoenix, August 2013 “I’m a free market welfare state guy.”
Legendary investor Jim Rogers has advocated buying farmland and agricultural commodities for years, but a recent Reuters article discusses the current struggles faced by farmers in a time of high rents and falling commodity prices. Apparently 7 years of relentless expansion of the monetary base (quadrupled, as shown below) is not sufficient to
Perhaps no term is more banal, yet more terrifying, than “public policy.” It conjures up images of DC think tanks and bureaucrats, a land where intellectualism serves as cover for a stultifying grind of new regulations. It also puts the American public to sleep, as evidenced by a decided lack of “policy” discussion in the 2016 presidential
People of goodwill naturally attempt to make sense of terrible events like today’s bombings in Brussels, to help themselves address the psychological discomfort that occurs when seemingly incomprehensible violence occurs. We have a hard time processing a world where random bombs go off and kill peaceful travelers in airports or subway stations,
If you missed it, Forbes recently reported that a college ranking organization has named the Mises Institute as the #9 most influential think tank in the United States — out of nearly 2,000 organizations! All of the other top 10 organizations — among them the neocon American Enterprise Institute, the Fed-loving Brookings Institution, the Heritage
I’d like to speak today about what political correctness is, at least in its modern version, what it is not, and what we might do to fight against it. To begin, we need to understand that political correctness is not about being nice. It’s not simply a social issue, or a subset of the culture wars. It’s not about politeness, or inclusiveness, or
With the death of Supreme Court Justice Antonin Scalia, the various 2016 presidential campaigns have been thrown a serious curve ball. Should candidates cater to voters directly, by suggesting potential nominees for the Court? Should they insist that a lame-duck president-- albeit one with nearly a full year in office remaining-- refrain from
In a superb talk , given on February 27, 1984 at an early Mises Institute event in New York City, Margit von Mises discusses the process by which she came to write the memoir of her late husband. She also discusses his impact on the world, as evidenced by the success and reach of his many former students. Margit von Mises saw her husband not only
You may have heard about the Swiss referendum to end fractional reserve lending by Swiss commercial banks. It’s a fascinating development, and another example of how average Swiss people can use the federal referendum process to force both the central legislature and the 26 cantons to consider citizen proposals-- merely by gathering 100,000
The 20th century was the progressive century , marked by the rise of war and socialism as entrenched features of American life. But perhaps the most lasting effects will be felt in the entitlement mindset woven into the American psyche, via decades of successful incrementalism. Social Security and Medicare in particular represent brilliant
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.