Mises Institute

The Rise of the Sovereign State

The first myth one has to debunk: that the state is merely a natural and organic outgrowth of political power, as old as the history of mankind or of organized society.


The Bank of Canada's Failed Mission to "Preserve the Value of Money"


The Bank of Canada's stated mission is "to preserve the value of money by keeping inflation low and stable." Yet, the BOC works to inflate away the value of Canadians' purchasing power every single day.

Austrian Axioms 101


Austrian economics begins with universal axioms.


We're All Talking about Inflation, but Deflation May Also Be on the Way


When prices fall as a result of rising wealth that's good news. But deflation is also good news when it follows the bursting of a financial bubble caused by money creation.

The Forgotten Man

11/29/2021Mises Daily Articles

He is the man who wants alcoholic liquors for any honest purpose whatsoever, who would use his liberty without abusing it, who would occasion no public question, and trouble nobody at all.

This Professor Hates the Austrian School. But He Clearly Doesn't Know Much about It.


Larson's principal targets are Friedman and Hayek, but Mises and Rothbard are not spared. For Larson, promarket economists aren't just wrong. They're bad people.

The US Misery Index Shows How Weak This Recovery Is


This is not a strong economy, it is a disaster waiting to happen as inflation remains elevated. Even the Federal Reserve now admits inflationary pressures are “persistent.”

Introduction to Natural Law

11/27/2021Mises Daily Articles

What is the proper sphere of law, property rights, and the state?

The Heroic Draft Dodgers of the American Civil War


Not all of America’s young men of the North bought into the federal propaganda. When the federal government was forced to resort to a military draft, many Americans resisted.



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