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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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Mises University 2012

July 22-28 2012

Auburn, Alabama


  1. Austrian Economics
  2. The Program
    1. The Faculty
    2. The Campus
    3. The Accommodations
    4. 2012 Schedule
  3. Apply Now


Rooted in the tradition of Carl Menger and Ludwig von Mises, as well as Murray Rothbard and F.A. Hayek, the Austrian School offers a rigorous and logical approach to economics that gives free markets their due and takes full account of the reality of human choice.

More than a field within economics, the Austrian School is an entirely different approach that dissents from the mainstream on method, theory, and policy. It views economic actors as unique, conscious, and freely choosing individuals, not as undifferentiated data to be manipulated mathematically or politically.


The Mises University is the world's leading instructional program in the Austrian School of economics. Since 1986, it has been the essential training ground for economists who are looking beyond the mainstream.
The program offers courses, seminars, and reading groups on the whole range of the discipline. A core curriculum presents economic foundations, and more than fifty elective classes explore the entire range of economics, in all levels of advancement. The program ends with a Mündliche Prüfung, an optional exam for an honors certificate.
Subject areas cover market behavior, competition, value and utility, money and banking, business cycles, industrial organization, method, economic history, the philosophy of science, financial economics, and more. You attend what most suits your interests and level of advancement.

Classes are interspersed with reading groups, discussion seminars, faculty panels, and plenary lectures. There are special sessions on economic history, economics and ethics, and political philosophy. Nightly social hours allow time to meet and discuss it all with faculty and other students. There's even a primer on surviving graduate school.

Unable to attend? MisesTV will be broadcasting the plenary sessions live from Mises U.

Download a Poster of the Event


Through the generosity of Mises Institute Supporters, there is no registration fee for students who are accepted (Sponsor a Student). Acceptance is highly selective. All students who are accepted on full scholarship receive complimentary admission to all sessions, refreshment breaks, a double-occupancy dormitory room for 7 nights, transportation between the dorm and the Mises Institute each day, and meals beginning with dinner on Sunday July 22 and ending with dinner on Saturday July 28.
A limited number of member observer and faculty Observer slots are available. Member observers and faculty may register online here.

Student dormitory rooms are scheduled for check-in on Sunday, July 22 and check-out on Sunday, July 28. There is a fee of $63 per night for a single room on nights at the dormitory before or after those dates ($55 per person per night before or after those dates if you have a roommate who is arriving and departing on the same dates)


The student who emerges from the oral examinations (the ündliche Prüfung) with the best record, as chosen by the examining committee, will be awarded the Douglas E. French Scholarship Prize of $3,000. The second and third highest scores will receive the George and Joele Eddy Prizes of $1,000 and $500 respectively. The winners will be announced and the prize money given at the closing cookout.


The conference begins with registration anytime between 5:30 and 8:00 p.m. Central Time on Sunday, July 22, with dinner at 7:00 and the first lecture at 8:00 p.m. The last session is Saturday afternoon, July 28 followed by graduation and a cookout. See the 2011 Schedule for a better idea about the general structure and schedule during the week of Mises University.

Student's Comments

Mises University has been been refined and improved over the past 26 years with the goal of providing an intense learning experience unparalleled by any other program in the world. Read this student review of Mises University 2009 written by the late John David Fernandez, economics and philosophy student at Columbia College.

The Faculty

Mises University faculty are among the finest scholars of Austrian Economics and libertarian political theory in the world.

  • Joseph Salerno (MU Director), Pace University & Mises Institute
  • Philipp Bagus, University Rey Juan Carlos
  • Walter Block, Loyola University, New Orleans
  • Thomas DiLorenzo, Loyola University Maryland
  • Lucas Engelhardt, Kent State University
  • Roger Garrison, Auburn University
  • David Gordon, Mises Review
  • Jeffrey Herbener, Grove City College
  • Robert Higgs, The Independent Institute
  • Guido Hulsmann, University of Angers
  • Peter Klein, University of Missouri
  • Roderick Long, Auburn University
  • Robert Murphy, Consulting by RPM
  • Gary North, GaryNorth.com
  • Timothy Terrell, Wofford College
  • Mark Thornton, Mises Institute & Auburn University
  • Thomas Woods, Mises Institute
  • Leland Yeager, Auburn University

The Campus

The Mises Institute adjacent to Auburn University and near the heart of downtown Auburn. The Mises Campus features seminar rooms, an extensive special-collections library, a large archival center housing the papers of Mises, Rothbard and other great Austrian economists, bookstore, a music conservatory, an outdoor amphitheater, and study gardens. Take a virtual tour of the Mises Institute


Students will stay at the Cambridge Dormitory, a private residential facility near the Mises Institute offering air-conditioned rooms with private baths, coin laundry, fitness room, and an outdoor pool.

Breakfast will be served at the dormitory and all other meals will be enjoyed at the Mises Institute or local restaurants. Classes will be in the lecture halls of the Mises Institute. Nightly social hours will offer refreshments in an informal atmosphere ideal for discussing new ideas from the daily lectures or for making new friends.

Accommodations for Faculty Observers and Member Observers and students who do not wish to stay at the dorm and are paying for their own housing: Auburn University Hotel within walking distance of the Mises Institute. Call 800-228-2876 or 334-821-8200 before July 2, 2012 and mention the Mises Institute for a special rate of $114 per night plus tax.   Dormitory rooms are available at a rate of $63 per night, single-occupancy (including linens and breakfast) and can be reserved on the Member Observer registration link at the top of this page


Mises University is open to full-time students, faculty, and current Members of the Mises Institute(non-students, make your tax-deductible donation of $50 to become a member today).

The application deadline is April 6, 2012 but the conference may fill before then. Economics majors and graduate students have priority, but students in all disciplines are encouraged to apply. Applications received after April 6 will be considered, as space permits but each year there are many more applicants than can be accommodated. Students are strongly encouraged to complete the application process as soon as possible. All applicants will be notified of the final status of their application.

To apply for a student scholarship, go to the Mises University Application Page in the Mises Academy. You will need to take 1-2 minutes to create a free Mises Academy username if you do not already have one. Once on the application page, you can complete the application form and submit the required documents using the simple upload feature. Students who are unable to obtain digital versions of the required documents may submit them via fax to 734-448-8148, or via ground mail to Mises University, 518 West Magnolia Avenue, Auburn, Alabama 36832. No student scholarship application will be considered until it is complete.

Faculty and Member Observers should use the Faculty & Member registration form rather than the student scholarship application site.


All student applicants must submit all of the following before he or she will be considered for acceptance and a scholarship.

  • Application questionnaire
  • Unofficial copy of university transcript
  • Student photo ID copy
  • Confirmation of consent to terms of the Manual for Visiting Scholars

This process must be done within the official application site mentioned above.

All students must be familiar with the Required Readings prior to attending. 

Email us with questions, or call 800-636-4737.


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