Austrian Economics Overview

Looking forward from 2025, one can see Austrian economic publications, researchers, students, teachers, and writers in many countries flourishing.

In this issue of The Misesian, we want to give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.

Mark Thornton dismantles the modern obsession with equality.

Lucas Engelhardt explores the economics of interventionism, tracing Ludwig von Mises’s core argument that state interference in markets is both self-defeating and inherently unstable.

Tim Terrell offers a critical examination of higher education’s economic structure.

Tate Fegley shows how bureaucratic insulation, lack of economic calculation, and political incentives lead to cronyism and inefficiency.

Lucas Engelhardt challenges conventional applications of game theory by integrating the Austrian perspective on entrepreneurship.

Cwik and Ritenour revisit the often-overlooked "forgotten Austrians" who extended Mengerian economics beyond Vienna.

Inflation is a systematic distortion of economic signals.

Tate Fegley explains how the absence of market signals leaves public policing blind to real-world tradeoffs.