Trump, Comey, and the Long History of the Unelected Government
The media is trying to frame last week’s indictment of James Comey as a “norm-shattering” use of executive power for personal gain. In truth, it’s just the latest chapter in a much older story: the struggle between elected and unelected officials.
Schumpeter Explains the Origins of the Modern Tax State
In the West, the “tax states” we now live under are relatively modern institutions, and they developed from earlier non-state civil governments that were often not primarily funded by taxes.
The Wheels of Government Cheese
By trying to protect dairy farmers and raise their incomes, the government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.
How the Fourteenth Amendment Empowers Judicial Activism
Created to assure that newly-freed slaves would receive equal legal protection, the Fourteenth Amendment has come to dominate federal jurisprudence.
Inflation and Economic Growth
According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation.
Newly Discovered Letters Reveal More on Rothbard’s Friendship with Frank Meyer
Rothbard wondered whether conservatives wished to conserve the status quo, adhere to the outlook of European rightists of the previous century, or perhaps merely favor gradual to sudden change.
Free Book Giveaway
The 20th century proved that Friedrich A. Hayek was right: socialism doesn’t work; government control of money results in inflation and business cycles; and collectivism breeds war, totalitarianism, and impoverishment.
National Guards, Government Shutdowns, and the Prosecution of James Comey
On this episode of Power and Market, Ryan, Tho, and Connor look at the news this week, including the escalation of threats to turn federal troops onto blue states, criminal charges for former FBI D
Menger’s Barter Theory of the Origin of Money Is Still Standing
Professor Georgy Ganev joins Bob to explain that, contrary to the claims of David Graeber and the MMTers, the barter origin of money has not been refuted.
Silver, Subsidies, and the Green Paradox
Mark Thornton shows why real conservation comes from property rights and prices, not bureaucratic targets.
Rothbard’s Lost Letters on Ayn Rand
New letters, from Murray Rothbard to Frank Meyer, have been discovered by researcher Daniel Flynn detailing some of Rothbard's earliest views on Ayn Rand, and what later went wrong.
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Delray Beach, FL
Join us for Supporters Summit 2025 in Delray Beach, Florida, to discuss "Economic Freedom: The Key to Liberty."
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Grand Rapids, MI
Join the Mises Institute at Cornerstone University for our first student-only event.
Various Locations
This fall, students from across the US are participating in Mises Book Clubs led by scholars at various universities and colleges. These student groups promote deep reading in Austrian economics.
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Auburn, AL
Join us in Auburn in March for Libertarian Scholars Conference 2026.
