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....
Read More »Republicans Declare War on the American Economy
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....
Read More »Political Realignment? The Trump-RFK-Tulsi Alliance
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....
Read More »Why the Crony Class Loves Artificially-Low Interest Rates—And Why You Shouldn’t
In our bureaucratically-managed economy, financial prosperity increasingly depends on how close one can position himself to the dissemination of newly-created money. Understanding this critically means identifying the link between this “prosperity” and newly-created money. Since creating money from nothing can’t possibly be productive, or enhance wealth in any real way, there is no direct link to prosperity. The connection must be indirect, and indeed it is.The...
Read More »Educating for Liberty: Mises Circle in Tampa
Students apply here for an attendance scholarship.The state has a stranglehold on education. From kindergarten to post-graduate programs in public institutions, students are indoctrinated with state narratives wokeism, and the virtues of economic interventionism. Some conservative governors are battling the progressive leftists’ takeover of the education system by banning DEI programs, altering curricula, and appointing new college presidents and trustees. Moreover,...
Read More »The Politics of Envy
Socialists and other leftwingers support taxation of the income and wealth of the well off. They say that they want to promote “equality” and “social justice,” but in fact they are motivated by envy. They want what others have. They can’t stand the thought of other people’s having more money than they do.Here is what Rob Larson, an economics professor at Tacoma Community College, says about certain very expensive apartments: “Besides the return of...
Read More »Javier Milei and Argentina’s Economic Challenge
In this interview for The Misesian, we ask economist (and Argentina native) Nicolás Cachanosky about the prospects for a lasting change to Argentina’s highly inflationary and interventionist economy. The Misesian: It seems to many that Javier Milei was elected due to widespread dissatisfaction with the state of the economy in Argentina. Is this a correct assessment?Nicolás Cachanosky: Yes, I believe that is quite accurate. Argentina’s economy has been plagued by...
Read More »FISA: How a Watergate-Era “Reform” Turned into a Mechanism of Massive State Surveillance
In 50 years since the Watergate scandal—famously resulting in President Richard Nixon’s resignation—there has been a flood of “post-Watergate morality,” in which Congress pushed through a number of “reforms” designed to curb government abuses. The Nixon Administration exerted great effort to conceal its organization of the break-in, as Nixon and his aides authorized a plan instructing the Central Intelligence Agency (CIA) to interfere with the Federal Bureau of...
Read More »Austrian Business Cycle Theory: An Introduction
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....
Read More »Overbought Conditions Set Up Short-Term Correction
As noted in this past weekend’s newsletter, following the “Yen Carry Trade” blowup just three weeks ago, the market has quickly reverted to more extreme short-term overbought conditions. Note: We wrote this article on Saturday, so all data and analysis is as of Friday’s market close. For example, three weeks ago, the growth sectors of the market were highly oversold, while the previous lagging defensive sectors were overbought. That was not surprising, as the...
Read More »