1. The Right and Wrong of Compulsion by the State , Auberon Herbert I first found this little gem of a book in a corner of the Ward Library at the Mises Institute during my first journey to Auburn for the Mises University so many years ago. It was, naturally, Murray Rothbard’s copy, and I was just blown away by its brilliance and eloquence. I knew
Take a look at this sophisticated market exchange process: BarterBing . It is a potential solution to some of the problems associated with our depreciating dollar and reduction in consumer purchasing power. $29,551,160.57 worth of products are for sale in the Providence, RI area alone, and very few cash transactions are taking place.You can
Ludwig the Lionheart and Murray the Magnificent...Coming Soon in the Boston Globe? Virginia Postrel writes on F.A. Hayek in today’s Boston Globe: Friedrich the Great . Great, a few communists are catching on, and others are picking and choosing from Hayek’s oeuvre . But, why no mention of Hayek’s teacher? Ludwig von Mises: originator of the ideas
The National Bureau of Economic Research recently published a Working Paper on purchasing power parity citing the contribution of the Late Scholastics. The abstract begins: “Originally propounded by the sixteenth-century scholars of the University of Salamanca, the concept of purchasing power parity (PPP) was revived in the interwar period in the
Doug French on Mises, Rothbard and the Advancement of Free-Markets with Scott Smith and the Daily Bell Introduction : Douglas French is president of the Mises Institute and author of Early Speculative Bubbles & Increases in the Money Supply. He received his Masters degree in economics from the University of Nevada, Las Vegas, under Murray Rothbard
The new film Margin Call is a tale of a Lehman-like collapse and a Goldman Sachs-like crony return that is the first to even try to explain the Austrian Business Cycle Theory in a major studio film even though they do miss the cause of these fluctuations that is the Federal Reserve, central banks, and the the fiat currencies that cause these
Today is the 85th anniversary of the birth of Murray Newton Rothbard , one of the greatest economists of the Austrian school , philosophers of liberty , and individual anarchists who defined libertarianism and provided the theoretical framework for a free-market anarchism that is known as anarcho-capitalism today. He certainly would be overjoyed
It has been a year today since Yves Leterme, Belgium’s caretaker prime minister abandoned his attempt to form a government but the country does not appear any closer to an end nor does it appear necessary. “ Local government carries on ; the refuse is collected and public transport works. The financial markets, far from taking fright at this
George Reisman, professor emeritus of economics at Pepperdine University responds to a recent article by Henry Blodget at Business Insider. Dear Mr. Blodget: I’ve read your article “ Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs .” In a capitalist economy, the wealth of the rich is in the form of capital, i.e.,
Libertarianism.org has released this exclusive video from November 22, 1983 of F. A. Hayek discussing the evolution of morality and social norms, arguing that they result from unplanned, emergent processes. He contrasts this conclusion with other philosophical accounts of law and morality. A short clip from a rare Murray Rothbard lecture is also
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.