1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

The Ludwig von Mises Institute

Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

Search Mises.org

How Government Uses “Efficiency” as an Excuse to Steal

Only individuals can determine what is efficient for themselves, and they will only engage in voluntary exchange when they believe it is the efficient thing to do. Some economists, and most governments, prefer to use other standards of efficiency such as “potential compensation” which leads to government mischief.


How to Start Reforming the Federal Reserve Right Now

Real reform of the Fed begins with setting interest rates free, the abolition of deposit insurance, and ending the Fed’s position as lender of last resort.


Mises Economics Blog

Mises Updates: Video: Robert Murphy Presents Contrasting Views of the Great Depression
Archived from the live broadcast, this Mises University lecture was presented at the Mises Institute in Auburn, Alabama, on 23 July 2014. ... More »

Ryan McMaken: Video: Robert Higgs on the FDA and Consumer Welfare
Archived from the live broadcast, this Mises University lecture was presented at the Mises Institute in Auburn, Alabama, on 23 July 2014. ... More »

Ryan McMaken: Full Photo Album for Mises U 2014
We're still adding photos there, but you can see what's been added so far at our Picasa page for Mises U 2014. ... More »

Ryan McMaken: How Government Uses “Efficiency” as an Excuse to Steal
Mises Daily Thursday by Gary Galles: Only individuals can determine what is efficient for themselves, and they will only engage in voluntary exchange when they believe it is the efficient thing to do. Some economists, and most governments, prefer ... More »

view all… mises blog rss

In the Mises Store

Bastiat Collection Pocket Edition

The world has always needed this: a gigantic collection of Bastiat's greatest work in a single, super-handy pocket edition, at a ridiculously affordable price.... ... More »

Collectivist Economic Planning

In 1920, Ludwig von Mises dropped a bombshell on the European economic world with his article called "Economic Calculation in the Socialist Commonwealth." It argued that socialism was impo... More »

Austrian Perspective on the History of Economic Thought - MP3 CD

This is one of Rothbard’s most important scholarly works. In the first volume, Rothbard traces the history of economics from the ancient Greeks to Adam Smith; and in the second volume, he discusses Br... More »

Newly Updated E-books

America's Great Depression

Education: Free and Compulsory

Forty Centuries of Wage and Price Controls: How Not to Fight Inflation

Liberalism: In the Classical Tradition

Toward a Libertarian Society



Online Courses in the Mises Academy See All Courses


"The Rothbardian Analysis of the State "
Murray Rothbard was a brilliant Austrian School economist and the most famo... (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

"Anatomy of the Fed"
This course covers both the theory and history behind the Federal Reserve, ... (more) Register Now

Upcoming Events

Mises University 2014

Mises University 2014
| Auburn, Alabama

MORE

Mises Circle West Coast Regional 2014 in Costa Mesa

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

MORE

Mises Circle Southwest Regional 2015 in Houston

Mises Circle Southwest Regional 2015 in Houston
| Houston, Texas

MORE

Austrian Economics Research Conference 2015

Austrian Economics Research Conference 2015
| Auburn, AL

MORE