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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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Austerity as Economic Liberation

Austerity is nothing more than allowing the private sector more control over what it produces. Those who argue against austerity are claiming that government will more wisely spend, invest, and save than private persons and firms.


Money, Subjective Value, and Gold

The quasi-gold standard promoted by Steve Forbes and Elizabeth Ames in their new book has more in common with the Bretton Woods system than with the classical gold standard.


Mises Economics Blog

David Howden: QE’s Seeds are Already Sown
The Federal Reserve has finally ended its quantitative easing programs. Since the financial crisis of 2008, the Fed has pursued what seemed like an endless policy of asset purchases. As recently as September 2008 the monetary base in the US was just ... More »

Ryan McMaken: Nobel Winner Jean Tirole’s Faulty Views on Monopoly
Mises Daily Wednesday by Frank Shostak: Economics Nobel Prize winner Jean Tirole still clings to the old neoclassical model perfect competition and monopoly, in which there is no place for entrepreneurship, and which fails to grasp that consumers ... More »

David Howden: Regulation through taxation
One lesson from the United States’ Obamacare debacle has been that if Congress can’t get its way through regulation, it can always resort to taxes. At least that’s the Supreme Court’s view, after it declared the Affordable Care Act constitutional bec ... More »

Joseph Salerno: NJ Political Heavyweights Debate Gold Standard
During the past two weeks, James Florio, a former Democratic governor of New Jersey, and Steve Lonegan, the 2013 Republican nominee for U.S. Senate  wrote opposing op ed pieces on the gold standard for New Jersey's leading newspaper.   ... 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 »

Libertarian Critique of Intellectual Property

What is the status of intellectual property? Are patents and copyrights legitimate in a free society? Butler Shaffer is a distinguished libertarian legal theorist who has for many years taught at... 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 »

Newly Updated E-books

American Liberalism and World Politics 1931-1941

Planned Chaos

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

Making Economic Sense

Anatomy of the State



Online Courses in the Mises Academy See All Courses


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

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

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

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Mises Circle West Coast Regional 2014 in Costa Mesa

Mises Circle West Coast Regional 2014 in Costa Mesa
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Mises Circle Southwest Regional 2015 in Houston

Mises Circle Southwest Regional 2015 in Houston
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Austrian Economics Research Conference 2015

Austrian Economics Research Conference 2015
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High School and College Seminar
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East Coast Regional Mises Circle 2015
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Rothbard Graduate Seminar 2015

Rothbard Graduate Seminar 2015
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Mises University 2015

Mises University 2015
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