New Fourth Edition is now Available This book is a masterpiece that utterly demolishes the case for fiat currency and central banking, and shows that these institutions have compromised economic stability and freedom, and, moreover, are intolerable in a free society. From the “Preface to the Fourth English Edition” Since the appearance of the
Los tres años transcurridos desde la publicación de la edición previa en inglés de Dinero, Crédito Bancario y Ciclos Económicos han visto la continuación del proceso de recesión económica iniciado tras la crisis financiera de 2007. Este proceso ha consistido en el inevitable reajuste microeconómico y la realineación de una estructura productiva
I was a small child when I first heard Salazar, the Portuguese dictator, spoken of. This was in the early 1960s, when I began to accompany my father on road trips he took with our family once or twice a year to Lisbon to visit and monitor the operation of the Portuguese branch office of our family’s life insurance business. I will never forget the
The Spanish government’s announcement that it plans to introduce a new “solidarity tax” on the wealth of those who possess over €3 million has again brought to the fore the debate about taxes levied on wealth and capital. The issue is not merely that the announcement is highly politicized in what is already, de facto, a preelection period, nor
Benedict XVI: A Life By Peter Seewald Volume 1: Youth in Nazi Germany to the Second Vatican Council 1927–1965 Published in English by Bloomsbury Continuum, London, 2020 Translated by Dinah Livingstone Peter Seewald has recently published an extensive biography of Pope Emeritus Benedict XVI, and the work is a masterpiece which, once begun, cannot
Traditionally, Austrian theorists have focused with particular interest on the recurrent cycles of boom and recession that affect our economies and on studying the relationship between these cycles and certain characteristic modifications to the structure of capital-goods stages. Without a doubt, the Austrian theory of economic cycles is one of
It is a great pleasure for me to present this book by my colleague Philipp Bagus, writes Jesús Huerta de Soto. This audio Mises Daily is narrated by Keith Hocker.
Spain’s government is attempting to levy a wealth tax ostensibly to be “in solidarity with the poor.” Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the “solidarity.” Original Article: “ Who Pays Wealth Tax: The Rich or the Poor?” This Audio Mises Wire is generously sponsored by Christopher
The deadliest virus consists of the deification of human reason and the systematic use of coercion, which the state embodies. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “ The State: The Deadliest Virus
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.