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

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When High Taxes Lead to Revolution

Sun-Tzu believed that societies are in deep trouble when wars and other government efforts exhaust the wealth of those who pay the bills. But the lack of revolutions, even in highly-taxed societies points to the possibility that many are willing to tolerate rather high taxation rates.


Understanding Argentina’s Coming Default

The Argentine government has a habit of spending without restraint and then trying to cheat its creditors. But this time, it's run into a problem.


Mises Economics Blog

Mark Thornton: Big Mac and the Dollar
Using McDonals's Big Mac as the standard, the US Dollar looks relative firm compared to some other currencies. The chart below from The Economist looks at the purchasing power of currencies relative to the Big Mac in 2009 and 2014. A half dozen c ... More »

Ryan McMaken: Congratulations to All Who Passed the Mises U Exams
At the end of Mises University, many students chose to take the optional — and highly rigorous — Mises University examinations for cash awards.  64 students took the written exam, and 30 of those passed to go on and take the oral exam. The fi ... More »

Ryan McMaken: Argentina Is Now In Default, But There Is Life After Default
The Wall Street Journal declares it a done deal. Nicolás Cachanosky explains the road that got us here. <a href=http://www.forbes.com/sites/afontevec ... More »

Joseph Salerno: Austerity for Whom?
Steve Hanke points out that the anti-austerity faction in the EU led by Italy,  France, and Spain is hypocritical when it claims  that there is nothing left to cut in their budgets.  Senior civil servants in Italy get paid over 12 time ... More »

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In the Mises Store

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 »

Principles of Economics - Pocket Edition

This edition is absolutely gorgeous - handy, economical, and beautifully printed. We&#39;ve never had an edition of this core work that is so nicely done. In the beginning, there was Menger. It was t... More »

Mystery of Banking, The

Readers of The Mystery of Banking will find that money and banking are, contrary to what the book&amp;rsquo;s title might suggest, no longer a mystery to them. Textbooks on money and banking are often... 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 Road to Serfdom: Despotism, Then and Now"
The purpose of this course, "The Road to Serfdom: Despotism Then and Now," ... (more) Register Now

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

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

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

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Mises Circle West Coast Regional 2014 in Costa Mesa

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