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The Ludwig von Mises Institute

Advancing Austrian Economics, Liberty, and Peace

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

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The Fed’s New Labor-Market Measure

The Fed has created a new measure of employment that it says it will use to guide monetary policy. Unfortunately, simply knowing employment trends tells us little about whether or not real wealth is being created in the economy.


David Gordon: The Life and Times of Murray Rothbard

David Gordon and Jeff Deist discuss Rothbard’s life from an insider’s perspective, his relationship with Mises and the areas where they disagreed, and more.


Mises Economics Blog

Randall Holcombe: Obama Appointee Supports Individual Rights
I’ve been critical of the Obama administration in the past, so it’s nice to find something positive to say. This article says that President Obama’s new acting head of the Justice Department’s Civil Rights Division, Vanita Gupta “supports decriminali ... More »

Ryan McMaken: Would 'President Rothbard' Shut Down Flights to West Africa?
Last week in The American Spectator, Emily Zanotti noted that the Obama administration refuses to intervene and shut down flights between West Africa and the US: Yesterday, the White House reiterated that a ban on flights originating in outbreak ... More »

Jeff Deist: Swiss Central Bankers Don't Like Gold
Swiss National Bank governors sound a lot like Fed and ECB central bankers when it comes to the upcoming Swiss referendum on gold. It might deprive them of needed flexibility.  And you might be surprised by how much the SNB has increased the c ... More »

Mark Thornton: Obama Care Update
I have previously reported about a friend of mine and her experience with Obama Care. Earlier this year her catastrophic health insurance was canceled as insufficient under Obama Care regulations. Her monthly premiums would have increased by several ... More »

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In the Mises Store

Place of Economics in Learning, The

We’ve put into print a single chapter from Human Action, “The Place of Economics in Learning.” We picked it because it provides an excellent overview of the Misesian worldview concerning economics... More »

The Law

How is it that the law enforcer itself does not have to keep the law? How is it that the law permits the state to lawfully engage in actions which, if undertaken by individuals, would land them in j... More »

Origins of Money, The

Written in the same year that he testified before the Currency Commission in Austria-Hungary, and published in English in 1892, Carl Menger explains that it is not government edicts that create money ... More »

Newly Updated E-books

Planned Chaos

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

Making Economic Sense

Anatomy of the State

The Private Production of Defense



Online Courses in the Mises Academy See All Courses


"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

"Why Capitalism?"
Forget Ronald Reagan; Henry Hazlitt was the true “great communicator.” Espe... (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 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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High School and College Seminar

High School and College Seminar
| Auburn, Alabama

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East Coast Regional Mises Circle 2015

East Coast Regional Mises Circle 2015
| Stamford, Connecticut

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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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