I have previously explained how for Ludwig von Mises, democracy is necessary for the libertarian society because of its usefulness in achieving and maintaining social peace, insofar as social peace is a prerequisite for economic and civil liberty. This time I want to explain an idea that is implicit in Mises’s subjectivist philosophy and that
There has been a noticeable decline in the percentage of Americans identifying as religious. Some perceive this seismic shift as evidence of a secularizing culture. In some quarters, the secularization of America is viewed favorably as an agent of modernization. But researchers are theorizing that the erosion of religious beliefs portends negative
A few years ago I wrote about some of the errors made by economists who try to apply what they believe are Christian principles to both Austrian and neoclassical economic analysis. These economists believe that the standard economic way of thinking is not only fatally flawed but actually immoral, and that an entire new paradigm must be brought to
Listen to the Audio Mises Wire version of this article. In previous articles, I’ve discussed the Great Reset and introduced several ways of understanding the economics of it. The Great Reset can be thought of as neofeudalism , as “ corporate socialism ,” as “ capitalism with Chinese characteristics ,” and in terms of “ stakeholder capitalism”
Murray Rothbard and other libertarians support self-ownership. Part of being a self-owner is that no one may physically harm your body without your consent, unless you first violate someone else’s rights. David Friedman raised a famous objection to this principle, and the problem has also been discussed by Walter Block. In his book The Machinery
Leo Strauss is one of the most influential political philosophers of the twentieth century, and like him or not, we need to understand his ideas. Murray Rothbard, by the way, had a mixed verdict on Strauss. He says, for example, [H]is work exhibits one great virtue and one great defect: the virtue is that he is in the forefront of the fight to
The historian Quinn Slobodian presents us in his article “ Perfect Capitalism, Imperfect Humans: Race, Migration, and the Limits of Ludwig von Mises’s Globalism ,” Contemporary European History (2018), with a surprising interpretation of Ludwig von Mises. According to Slobodian, Mises was a racist who favored colonial wars of subjugation to open
I’d like to consider some criticisms of anarcho-capitalist theories of property acquisition raised by Jesse Spafford in his article “Social Anarchism and the Rejection of Private Property,” included in The Routledge Handbook of Anarchy and Anarchist Thought , edited by Gary Chartier and Chad Van Schoelandt (Routledge, 2021). Spafford, a research
Listen to the Audio Mises Wire version of this article. Recently, while reading Liberalism: In the Classical Tradition , written by Ludwig von Mises in the year 1927, I noted a striking passage, right in the beginning on page 4: All that social policy can do is to remove the outer causes of pain and suffering; it can further a system that
Friedrich Hayek’s The Road to Serfdom was a bestseller when it was published in 1944, and it has remained ever since one of the classic works in the literature of liberty. Many people, though, find it hard to understand. After Glenn Beck featured the book on his television show in 2010, resulting in a surge in demand for it, one noted speaker at
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.