To offer a semblance of solidarity with the working class, wealthy leftists have substituted identity politics for class conflict, and attempted to recast economic problems as problems of racism or bigotry. Â
Fascism is the system of government that cartelizes the private sector, centrally plans the economy, exalts the police state, denies fundamental liberties to individuals, and makes the executive state the unlimited master of society.
There is no better work to explain the broader implications of central banking which go almost totally unremarked in the financial press than The Ethics of Money Production.
Government policy now ensures that the benefits of children are socialized, while the cost of raising children remains private. If you wanted to reduce families, you couldn’t think of anything better.
With his Principles of Economics Carl Menger not only laid the foundation for the Austrian school itself but for its continuing development to this day.
Rothbard: "At the outset of every step forward on the road to a more plentiful existence is saving….Without saving and capital accumulation there could not be any striving toward nonmaterial ends."
While it is popular and accurate to blame our societal elites for being inept, the truth is that these leaders, both political and cultural, are reflections of us.Â
With the help of our extraordinary supporters, the Mises Institute is the world's leading supporter of the ideas of liberty and the Austrian School of economics. Since 1982, it has been the essential training ground the world over. With the continuing and growing economic crisis, the ideas of liberty are gaining more attention than ever. The Austrian School in particular is undergoing a remarkable renaissance. Hear the words of some of our supporters to learn why they are seizing the moment to help the Institute flood the world with truth.
