This is Murray Rothbard’s libertarian manifesto, view of society without the nation-state. This audio book edition is narrated by Jeff Riggenbach, includes a new introduction, written and read by Llewellyn H. Rockwell,
Murray N. Rothbard’s great treatise provides a sweeping presentation of Austrian economic theory, and a rigorous criticism of alternative schools of thought. Narrated by Jeff Riggenbach. This audiobook is made possible through the generosity of Thomas
“Banks would never be able to expand credit in concert were it not for the intervention and encouragement of government,” writes Murray Rothbard. This audio book edition is narrated by Harold Fritsche. Music by Kevin
One of the reasons that most economists of the 1920s did not recognize the existence of an inflationary problem was the widespread adoption of a stable price level as the goal and criterion for monetary policy. The extent to which the Federal Reserve authorities were guided by a desire to keep the price level stable has been a matter of
[ America’s Great Depression (1963)] Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without “prejudgment” is futile. A cycle takes place in the economic world, and therefore a usable cycle theory must be integrated with general economic theory. And yet, remarkably, such integration, even
The Free Market 10, no. 1 (January 1992) I told you so!” may not be considered polite among Recession friends or acquaintances, but in ideological clashes it is important to remind one and all of your successes, since neither the indifferent nor your enemies are likely to do the job for you. In the case of Austrian business cycle theory,
Ludwig von Mises’ The Theory of Money and Credit is, quite simply, one of the outstanding contributions to economic thought in the twentieth century. It came as the culmination and fulfillment of the “Austrian School” of economics, and yet, in so doing, founded a new school of thought of its
Ever since Black, or Meltdown, Monday October 19th, the public has been deluged with irrelevant and contradictory explanations and advice from politicians, economists, financiers, and assorted pundits. Let’s try to sort out and rebut some of the nonsense about the nature, causes, and remedies for the crash. Myth One It was not a crash, but a
[From The Essential von Mises ] Included in The Theory of Money and Credit were at least the rudiments of another magnificent accomplishment of Ludwig von Mises: the long-sought explanation for that mysterious and troubling economic phenomenon—the business cycle. Ever since the development of industry and the advanced market economy in the late
[This essay was originally published as a minibook by the Constitutional Alliance of Lansing, Michigan, 1969.] We live in a world of euphemism. Undertakers have become “morticians,” press agents are now “public relations counselors” and janitors have all been transformed into “superintendents.” In every walk of life, plain facts have been wrapped
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.