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Is the UK a “Nation by Consent”?

Many modern states are little more than groupings of conquered nations. Breaking them up into smaller pieces is all for the best, and this would also ultimately lead to more free trade among nations since smaller states find it more difficult to sow the illusion of economic self-sufficiency.


The Taylor Rule Won’t Save Us

Taylor's rule also fails to address the fundamental problem of coordinating the actions of many diverse individuals in an economy, so it cannot protect us from malinvestment and bubbles.


Mises Economics Blog

Ryan McMaken: Upcoming Austrian-School Events in Germany
Guido Hülsmann writes: In January 2015, the Mises Institut Deutschland will conduct a “Mises Seminar” at a very prestigious venue: the German stock exchange in Frankfurt. This event is open to the public and has just been announced on their web ... More »

David Howden: IMF: QE Encourages Risk
Recently the Fed released research stating that it encouraged moral hazard and risk taking with its QE programs. Never one to fall behind, now the International Monetary Fund is in on the trick. After promoting QE for years (see here and here), th ... More »

Per Bylund: What About the Roads?
Something tells me Walter Block and many others will find this cartoon highly entertaining. ... More »

Per Bylund: New Book on Austrian Economics and Organization
A new book on Austrian economics that targets economic organization has been published at Palgrave Macmillan. Edited by Guinevere Nell, it features a number of papers in favor as well as critical of Austrian economics and what Austrians have to say a ... More »

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In the Mises Store

Toward a Libertarian Society

Walter Block has for decades been one of the most effective and indefatigable defenders of libertarianism. One feature in his writing stands out, from his classic Defending the Undefendable to the pre... More »

Economics of Prohibition, The

It is conventional wisdom that alcohol prohibition failed, but the economic reasons for this failure have never been as extensively detailed or analyzed as they are in this study by Mark Thornton. ... More »

What Has Government Done to Our Money?

When this gem first appeared in 1963, it took the form of a small paperback designed for mass distribution. We've conjured up that spirit again with this special edition of Rothbard's primer... More »

Newly Updated E-books

"Woodrow Wilson's Defeat in Yugoslavia: The End of a Multicultural Utopia"

Making Economic Sense

Anatomy of the State

The Private Production of Defense

Liberty and Property



Online Courses in the Mises Academy See All Courses


"Why Capitalism?"
Forget Ronald Reagan; Henry Hazlitt was the true “great communicator.” Espe... (more) Register Now

"Human Action: Austrian Economics & Philosophy"
It is perhaps the most important and profound book ever written. Yet how ma... (more) Register Now

"Austrian Microeconomics"
The heart of Austrian economics is its theory of value, exchange, productio... (more) Register Now

"Human Action: Austrian Sociology"
This course covers Part II of Human Action. It is not required to have take... (more) Register Now

Upcoming Events

Mises Circle West Coast Regional 2014 in Costa Mesa

Mises Circle West Coast Regional 2014 in Costa Mesa
| Costa Mesa, California

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Mises Circle Southwest Regional 2015 in Houston

Mises Circle Southwest Regional 2015 in Houston
| Houston, Texas

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Austrian Economics Research Conference 2015

Austrian Economics Research Conference 2015
| Auburn, AL

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Rothbard Graduate Seminar 2015

Rothbard Graduate Seminar 2015
| Auburn, Alabama

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Mises University 2015

Mises University 2015
| Auburn, Alabama

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