There is never good reason to give up hope, and I’m convinced that the forces of freedom will prevail. Yet these are dark times for liberty. The rise of socialism is bad enough, but there are other dangers as well. The political elites in both major parties are using every excuse to build up the welfare-warfare-police-surveillance state. The Fed
When economic crises hit, most pundits and intellectuals never see it coming. That is because they have never learned the lesson that Bastiat sought to teach, namely that we need to look beneath the surface, to the unseen dimensions of human action, in order to see the full economic reality. It is not enough just to stand back and look at points
A hedge fund in New York known to Mises is looking for two interns for this summer. “I thought Mises was a good place to look given that our world views are the same. Qualifications: smart, hungry to succeed, finance education, desire to work in finance, common sense, high EQ, abstract thinker, believer in American exceptionalism, willing to work
Every four years, as the November presidential election draws near, I have the same daydream: that I don’t know or care who the president of the United States is. More importantly, I don’t need to know or care. I don’t have to vote or even pay attention to debates. I can ignore all campaign commercials. There are no high stakes for my family or my
The Bretton Woods plan for monetary reconstruction did not go as far as Keynes would have liked. He proposed a full-scale world central bank and a single paper currency for all nations, which he wanted to be called the “bancor,” so there could be no escaping inflation. That plan is still awaiting implementation. As it was, the Bretton Woods
The modern institution of the presidency is the primary political evil Americans face, and the cause of nearly all our woes. It squanders the national wealth and starts unjust wars against foreign peoples that have never done us any harm. It wrecks our families, tramples on our rights, invades our communities, and spies on our bank accounts. It
At the heart of the Christmas story rests some important lessons concerning free enterprise, government, and the role of wealth in society. Let’s begin with one of the most famous phrases: “There’s no room at the inn.” This phrase is often invoked as if it were a cruel and heartless dismissal of the tired travelers Joseph and Mary. Many renditions
What can be done now? President Trump should not urge us all to “come together.” Instead, he should support secession. Original Article: “ The Truth about January 6, and Where We Should Go from Here “ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
For the entrepreneur in a market economy, nothing is a sure thing. Every business is only a short step from bankruptcy. No business possesses the power to make people buy what they do not want. All success is potentially fleeting. Original Article: “ The Faith of Entrepreneurs “ This Audio Mises Wire is generously sponsored by Christopher Condon.
One day, the Institute publishes an article criticizing Republicans. The Left cheers, but the Rights denounces us. The next day we criticize Democrats and the Right cheers while the Left is enraged. Yet our position is always consistently against the state. Original Article: “ The Enemy Is Always the State “ This Audio Mises Wire is generously
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.