[Editor’s note: our immigration roundtable is a series of articles presenting the views of prominent Austrian and libertarian thinkers. By necessity each article provides only a basic overview of those views, with links to original sources.] Our goal is to present each thinker’s views on immigration by excerpting his or her writings on the
You might not particularly care if the Senate confirms Brett Kavanaugh to the Supreme Court or not, but we should care very much about the spectacle playing out in the press and social media. The overall effect is to remind us of Washington DC’s status as the center of the universe, how Supreme Court justices necessarily and justifiably wield
The Nobel Prize in Economic Sciences is a dubious thing at best. First, it’s not a “real” Nobel Prize in the sense the Nobel Foundation neither chooses nor pays the recipient(s). Technically, it’s the “Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.” The award itself is of checkered provenance, created by Swedish central
The Most Important Election of our Lifetime™ may be a referendum on Trump, Kavanaugh, #metoo, migrant caravans, or any number of manufactured outrages since the 2016 presidential election. It will not be a referendum on foreign policy, the Federal Reserve, debt, spending entitlements, spying, civil liberties, or anything important with regard to
Paul Volcker, the cigar smoking former Chairman of the Federal Reserve Bank, literally and figuratively towers over his successors (he is reportedly 6’7”). Mr. Volcker is the the last Chair under whose tenure American savers could earn a decent rate of interest, the last Chair who demonstrated any meaningful political independence (clashing with
Brian Doherty at Reason magazine has a new article that attempts to dispel certain myths surrounding “cultural Marxism,” a term used promiscuously and inaccurately in Mr. Doherty’s view. Fair enough, but the article sheds more heat than light on what is in fact a very illiberal and powerful phenomenon in western countries. Cultural Marxism and
Are you a Murray Rothbard fan? Do you love his writing? His clarity and style? His razor-sharp economic analysis? His penchant for slaying sacred cows? Then you’ll want to be part of our exciting new project — but we need your help to make it happen. The Mises Institute hopes to publish an epic Murray Rothbard compendium, tentatively titled
An excerpt from his post at Freebanking.org, Something Nice about Austrian Economics : I know, I know: I haven’t been terribly kind to Austrian economics on this blog, or rather, I have been positively unkind to certain sorts of Austrian economists, and especially to Late Pleistocene types who insist, on a-priori grounds (and against all sorts of
The great James Grant appeared on CNBC yesterday to discuss the latest Fed statement that removed any mention of prospective dates for raising interest rates. In his own inimitable style, Mr. Grant proceeded to eviscerate the fundamental premise of central banks, namely that prosperity can be created via monetary expansion. Among his best lines:
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.
