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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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About the Mises Institute

The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition.  

For over 30 years the Mises Institute has provided both scholars and laymen with resources to broaden their understanding of the economic school of thought known as Austrian economics. This school is most closely associated with our namesake, economist Ludwig von Mises.

We are the worldwide epicenter of the Austrian movement. 

Through their research in the fields of economics, history, philosophy, and political theory, Mises’s students F.A. Hayek, Henry Hazlitt, Murray Rothbard, and others carried the Austrian School into the late twentieth century. Today, Mises Institute scholars and researchers continue the important work of the Austrian School.  

Austrian economics is a method of economic analysis, and is non-ideological. Nonetheless, the Austrian School has long been associated with libertarian and classical-liberal thought—promoting private property and freedom, while opposing war and aggression of all kinds. The Mises Institute continues to support research and education in this radical pro-freedom tradition of historians, philosophers, economists, and theorists such as Jean-Baptiste Say, Frédéric Bastiat, Richard Cobden, Herbert Spencer, Lysander Spooner, William Graham Sumner, Albert Jay Nock, Mises, Hayek, Hazlitt, Rothbard, and many others. 

What We Do

For scholars worldwide, the Mises Institute offers fellowships, research grants, opportunities to publish in scholarly journals, academic conferences, access to our extensive libraries, and more.

Helping students discover the economics of freedom, and inspiring them to go on to teach at the university level, is a priority for us. Since 1985, the Institute has held Mises University, a summer school for students from all over North America and the world. For more than fifteen years, we’ve offered the Rothbard Graduate Seminar, an in-depth seminar for graduate students. In total, we have provided 10,000 students at more than 1,000 colleges and universities with financial aid ranging from one-year book scholarships to full multi-year PhD fellowships. 

For laymen, we offer numerous publications, seminars, online classes through Mises Academy, videos and more (subscribe to Mises Daily today at no charge.)

The Mises Institute has 350-plus faculty members working with it on one or more academic projects. The Institute has held more than 1,000 teaching conferences, including the Mises University, and seminars on subjects from monetary policy to the history of war, as well as the international and interdisciplinary Austrian Economics Research Conferences.

From these programs, the Institute has sponsored many books and hundreds of scholarly papers, in addition to thousands of published popular articles on economic and historical issues.

The Mises Institute publishes books by Ludwig von Mises and other new and old works by Austrian economists and historians, maintains the complete Mises bibliography, manages the archives of Murray N. Rothbard, and publishes periodicals, including an academic journal and a scholarly review of literature. The in-house Massey and Ward Libraries are a multilingual collection of more than 40,000 volumes, including Rothbard’s personal library, which makes it one of the most extensive specialized collections of its kind in North America.

Our Campus

Scholars and laymen alike are welcome to visit our campus in Auburn, Alabama, located 90 minutes from Hartsfield-Jackson Atlanta International Airport, the busiest airport in the world.  

Our Online Resources

But you don’t have to visit us in person to take advantage of our many resources. As a global educational organization, we seek to make as many of our resources as possible available online at no charge. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists. Be sure to visit our bookstore with many physical books and ebooks, plus apparel and more. 

Since 2010, Mises Academy, our series of online classes and seminars, offers frequent courses on philosophy, history, and economics. 

Mises.org went online in 1995. It features daily editorials, study guides, bibliographies, biographies, ebooks, publication archives, a calendar of events, fellowship applications, audio and video downloads, foreign language materials, a faculty directory, research tools, working papers, local on-site library access, and an online catalog of publications. One of the most-visited economics websites in the world, mises.org provides open access and is linked from classrooms and libraries around the world.

Mises.org’s online library is constantly expanding with new books available for free. 


Llewellyn H. Rockwell, Jr.served as Mises’s  editorial assistant at Arlington House Publishers. In December 1981 Rockwell, asked Mises’s widow, Margit, for her blessing to found the Mises Institute. Lew formally established it in October 1982 and located it in Auburn, Alabama. Today, Rockwell serves as Chairman.

With the support of Margit von Mises, who chaired the board until her death in 1993, and such giants as F.A. Hayek, Lawrence Fertig, Henry Hazlitt, and Murray N. Rothbard, who headed its academic programs until his death in 1995, the Mises Institute has become indispensable for scholars, students, and laymen researching the theory and history of the Austrian School. 

In 1998, the Mises Institute moved into a facility at 518 West Magnolia Avenue that houses an extensive and unique library in the social sciences. The building was extended in 2000-2001  to accommodate the need for more library and faculty space.


Our monthly The Free Market examines the economic and political scene from a classical-liberal viewpoint and keeps members informed of our projects and programs. The Mises Review surveys new books. The Quarterly Journal of Austrian Economics (the successor journal to the Review of Austrian Economics), is our peer-reviewed academic journal. 


Through our Fellowships, we give top students of the Austrian School the practical support and intellectual tools they need to thrive in today’s academic setting. We provide books and periodicals, internships, academic counseling, and financial assistance to help them become the professors and intellectual leaders of tomorrow. In-house fellowships and summer fellwoships are available for dissertation writing and post-doc work. Please apply! Students who have been accepted count it as the scholarly highlight of their lives.


Serious scholarly work in economic theory and intellectual history does not receive the support it deserves from large foundations. To fill this crucial gap, the Mises Institute offers long-term grants for in-depth research in the Austrian tradition.


We offer Mises University and the Rothbard Graduate Seminar for undergraduate and graduate students who attend from around the world. Admissions are highly selective and only one in three applicants obtain admission. Our faculty are professional scholars, most of whom hold university-level faculty positions. 


Academic Meetings

The Austrian Economics Research Conference is the annual professional meeting where new papers in the Misesian tradition are presented and debated, and faculty and students are able to escape the politicized environments of their home campuses. We also hold regular scholarly conferences on economics, history, philosophy, and law, as well as private colloquia exploring new avenues of research.


Academic Awards

The Schlarbaum Prize for lifetime defense of liberty, given every year, awards $10,000 to a public intellectual or distinguished scholar. The George Koether Award, a beautiful medallion and $2,500, given annually for free-market publishing. The Elgin Groseclose Award, a $20 Liberty Head Double Eagle, goes to the best piece of money-writing in the previous year. The Lawrence W. Fertig Prize in Austrian Economics awards $1,000 to the author of a paper that best advances economic science in the Austrian tradition. The O.P. Alford III Prize in Libertarian Scholarship awards $1,000 to the author of the paper best advances libertarian scholarship.


The Mises Institute’s Mises Daily provides daily commentary on current events, and is linked and reprinted the world over. Inbox subscriptions are distributed at no charge. Our speakers’ program spreads our libertarian message on talk shows and at conferences and meetings around the country and the world.

Audio and Video

Our conferences on such diverse topics as welfare, bureaucracy, war, and monetary reform, as well as our Mises Academy lectures, Mises Circle events, and everything else we can find, are available online. And we’ve produced award-winning films, including one on Mises and another on the misdeeds of the Federal Reserve System. Mises.org offers mp3 files of Mises speaking and Rothbard teaching, as well as complete audio files of selected conferences (again, at no charge). The Mises Audio/Video page includes the remarkable series of lectures, the Robert LeFevre Commentaries.


Publishing Opportunities


Mises Daily

This venue features shorter articles (700–1,200 words) that employ Austrian theory and practice to illuminate current or historical events. These articles, read by tens ofthousands of people every day, require clarity of thought and exposition. They are permanently archived and eventually reach hundreds of thousands. The more steeped in the Austrian tradition, the better. Footnotes are fine but not required, but internal links are much preferred. Contact editor Ryan McMaken. 

The Free Market

This monthly journal interprets current policy and events in light of Austrian theory and free-market policy. The editor seeks articles that are pithy, rigorous, provocative, and deal with enduring themes. Preferred length: 700-1,000 words. Contact editor Ryan McMaken

Working Papers

These are unpublished academic papers in process. Submissions follow standard scholarly format with footnotes and citations, and include complete author information including affiliation and email address. They are published as sent once rendered into PDF format. There is an informal review process. The papers are read by Austrian scholars, students, and interested people all over the world. Contact Academic VP Joseph Salerno.

The Quarterly Journal of Austrian Economics

This refereed journal considers articles that promote the development and extension of Austrian economics and that promote the analysis of contemporary issues in the mainstream of economics from an Austrian perspective. Contact Academic VP Joseph Salerno.

Please Join Us

For as little as $60 a year, you can become a Member of the Mises Institute and join our work for the free society. You will receive The Free Market and other publications, as well as the gratitude of the students and teachers of liberty. Please note: the Mises Institute is funded entirely by voluntary contributions, from individuals, businesses, and foundations.

The Mises Institute is an equal opportunity employer. Download our policy in English or Spanish.

Contact us.