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The Mises Institute is the world’s largest, oldest, and most influential educational institution devoted to promoting the Austrian School of economics, freedom, and peace in the tradition of classical liberalism.

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Stalemate, Crisis, and the Triumph of the Modern State

One hundred years ago, the combatants of World War One fought themselves to a standstill. The warring regimes then used...

Daily Ron Paul
Mises Daily

All I Want for Christmas is a (Real) Government Shutdown

Those who voted for the omnibus to avoid a shutdown fail to grasp that the consequences of blindly expanding government...

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Mises Daily

The Social Function of Economic Inequality

The rich make new resource-intensive products economically feasible. Those wealthy early-adopters of new products act...

Burning buildings
Mises Daily

The American Revolution Was Not a Party

Some are now debating over whether or not the Ferguson riots are in the tradition of the Boston Tea Party. While the...

Reefer
Mises Daily

The War on Drugs Was Born 100 Years Ago

The Harrison Narcotics Act of 1914, a bill with racist origins designed to increase the tax burden on non-whites in the...

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Diversity in Goals Brings Diversity in Value

Every person has different goals for himself, which means everyone will value differently the means to attain those...