Mises Search

 ”How does a world-class think tank end up in east Alabama? ...having such an outfit so far away from the country’s usual hubs is in itself a rejection of the central planning and authority Mises spent his life fighting. He might never have visited Auburn, but something tells me he wouldn’t have put this institute any other place.” Kyle Wingfield,

This article was excerpted from Chapter 21 of The Theory of Money and Credit . The Classical Idea of Sound Money The principle of sound money that guided nineteenth-century monetary doctrines and policies was a product of classical political economy. It was an essential part of the liberal program as developed by eighteenth-century social

[This article is excerpted from Part V of The Anti-Capitalistic Mentality .] In the universe there is never and nowhere stability and immobility. Change and transformation are essential features of life. Each state of affairs is transient; each age is an age of transition. In human life there is never calm and repose. Life is a process, not a

A. The Economic Nature of Profit and Loss The Emergence of Profit and Loss The Distinction Between Profits and Other Proceeds Non-Profit Conduct of Affair The Ballot of the Market The Social Function of Profit and Loss Profit and Loss in the Progressing and in the Retrogressing Economy The Computation of Profit and Loss B. The Condemnation of

Monetary Policy and All-around Planning The Integral Gold Standard Currency Reform in Ruritania The US Return to a Sound Currency The Controversy Concerning the Choice of the New Gold Parity Concluding Remarks Notes [Mises’s first book The Theory of Money and Credit was published in 1912, catapulting him into the ranks of Europe’s most respected

Introduction Socialism Interventionism, Allegedly a Middle-of-the-Road Policy How Interventionism Works How Price Control Leads to Socialism The Zwangswirtschaft Type of Socialism German and British Experience Crises and Unemployment Two Roads to Socialism Foreign Exchange Control Progressive Taxation The Trend Toward Socialism Loopholes

The Nation as Speech Community The concepts nation and nationality are relatively new in the sense in which we understand them. Of course, the word nation is very old; it derives from Latin and spread early into all modern languages. But another meaning was associated with it. Only since the second half of the eighteenth century did it gradually

The characteristic mark of this age of dictators, wars, and revolutions is its anti-capitalistic bias. Most governments and political parties are eager to restrict the sphere of private initiative and free enterprise. It is an almost unchallenged dogma that capitalism is done for and that the coming of all-around regimentation of economic

I One of the amazing phenomena of the present election campaign is the way in which speakers and writers refer to the state of business and to the economic condition of the nation. They praise the administration for the prosperity and for the high standard of living of the average citizen “You never had it so good,” they say, and, “Don’t let them

There is an impulse inwrought in all living beings that directs them toward the assimilation of matter that preserves, renews, and strengthens their vital energy. The eminence of acting man is manifested in the fact that he consciously and purposefully aims at maintaining and enhancing his vitality. In the pursuit of this aim his ingenuity leads