During the three years after World War II, Germans—facing a ruined economy and wildly depreciating currency—turned to cigarettes as a medium of exchange on a massive scale. Allied occupation authorities strictly forbade this black-market currency exchange, but it literally saved the lives of many German civilians—and inadvertently made many
Hunt Tooley presents Peace in the Middle East: Empire, Oil, and the Reshaping of the Middle East After World War I. From the 2009 ASC Panel: Security and Foreign Policy.
For a number of reasons, the French Revolution is a kind of Rorschach Test for educated people. One cause of this phenomenon, if I may pile on metaphors, is clearly the blind man/elephant problem. There are so many parts of the Revolution, so many stages, so many protagonists, so many ideas, so many policies—often quite contradictory—that we are
With 100 years having passed since the start of the First World War, the view of the war among historians and the public has evolved in many ways. Historian Hunt Tooley examines the turning points in how the world sees the Great War. This audio Mises Daily is narrated by Robert
One hundred years ago, the combatants of World War One fought themselves to a standstill. The warring regimes then used the opportunity to clamp down on internal dissent and a host of other liberties, writes T. Hunt Tooley. This audio Mises Daily is narrated by Robert
A panel discussion and question-and-answer period presented at the Mises Institute’s symposium with Ron Paul: “War and Peace in the Age of Trump”. Recorded on 8 April 2017 in Lake Jackson, Texas. Chaired by Daniel
Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes supplied by American GIs as money. Original Article: “ To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48
In this article, Hunt Tooley reviews A. James Gregor’s The Faces of Janus: Marxism and Fascism in the Twentieth Century . Tooley, Hunt. “Book Review: A. James Gregor, The Faces of Janus: Marxism and Fascism in the 20th Century .” Journal of Libertarian Studies 16, No. 3 (2002):
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.
