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Scarcity, Monopoly, and Intellectual Property

Law and rights do not depend on the dictates of the state. With this position, Butler Shaffer puts himself at odds with much that passes in our day for wisdom among professors of law. There is an apparent acceptance of Jeremy Bentham’s dictum that “property is entirely the creature of law.”

The Sad State of the Economics Profession

Economists today have sold themselves to the enemy. To succeed they have to toe the line, and they don’t bite the hand that feeds them.

Mises Economics Blog

Matt McCaffrey: Game of Thrones and the Politics of Fantasy
The internet is filled with talk of the fourth season of HBO’s Game of Thrones. This is welcome news, as Game of Thrones probably offers economists more teachable moments than any show currently on the air (even House of Cards). Fans are probably fam ... More »

Mises Updates: Is Warren Buffett really an Austrian....
Who enriches himself while talking a Keynesian game?  Jeff Deist offers a hypothesis: http://www.economicpolicyjournal.com/2014/04/does-warren-buffett-talk-like.html ... More »

Mises Updates: Per Bylund on Obamacare in the 'Wall Street Journal'
Per Bylund's column What Sweden Can Teach Us About ObamaCare is in today's WSJ: President Obama has declared the Affordable Care Act a success—a ... More »

Mises Updates: Scarcity, Monopoly, and Intellectual Property
David Gordon writes in today's Mises Daily:  Faced with a welter of arguments in conflict, what is the perplexed libertarian to do? Butler Shaffer’s superb monograph offers an easy way to unravel the IP puzzles. He starts from a fundament ... More »

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In the Mises Store

Economics and Ethics of Private Property

Austrian economics puts private property at the center of its analysis of value, price, and exchange. Respect for private property is also implied by the fundamental moral principle, "... More »

Libertarianism Today

The Mises Institute is the exclusive distributor of this paperback edition at this special low price! If you want to understand the underlying political dynamic alive in the United States, you mus... More »


These are difficult times for those who love freedom. But they are nothing like what Mises faced during his life. He prevailed, and his Memoirs explain how. We can learn from Mises in this respect... More »

Newly Updated E-books

Economic Calculation in the Socialist Commonwealth

The Gold Standard: Perspectives in the Austrian School

Anatomy of the State

Deflation and Liberty

Study Guide to Human Action: A Treatise on Economics

Online Courses in the Mises Academy See All Courses

"How to Think: Introduction to Logic"
This course will present some of the essentials of logic---the science of c... (more) Register Now

"Austrian Macroeconomics"
This course builds upon the basic analytic principles of Austrian economics... (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

"Broken Capitalism"
This course will use some of the best writing of Henry Hazlitt and Ludwig v... (more) Register Now

Upcoming Events

Rothbard Graduate Seminar

Rothbard Graduate Seminar


Mises University 2014

Mises University 2014
| Auburn, Alabama


Mises Circle Southwest Regional in Houston 2015

Mises Circle Southwest Regional in Houston 2015
| Houston, Texas


Austrian Economics Research Conference 2015

Austrian Economics Research Conference 2015
| Auburn, AL