Mises Institute

What Economics Is Not

5 hours agoMises Daily Articles
The Austrian approach to economics dispenses with the idea of "economic man," and broadens economics to include all action, which takes place in a framework of scarcity.

Proponents of Forced Vaccines Want You to Think Healthcare Is a Communal Resource

Blog5 hours ago

Supporters of vaccine mandates are pushing the idea that healthcare is a communal resource. This idea allows them to make false moral claims about how everyone owes it to "society" to get vaccinated.

Why Censorship Advocates Are Obsessed with Stories about Yelling “Fire!” in a Theater

Blog6 hours ago

The fact that such a vacuous and irrelevant example became such a compelling argument for the government restriction of freedom of speech in many other areas is disturbing.

Speech Isn't a "Threat" Just Because a Government Official Says So

Blog7 hours ago

Many parents are becoming angry over the contempt with which they are treated by school officials. So school board officials are attempting to use federal "harassment" laws to silence critics.

Why Some People Are Poorer

10/22/2021Mises Daily Articles

The only permanent way to cure poverty is to increase the earning power and productivity of the poor.

Is Solidarity a Good Thing?


Further, if solidarity is a value, why can’t the common enterprise be that people in a society share a commitment to the free market? Or is solidarity only good when people jointly do things socialists like?

Central Banks and Socialism Are Forever Linked Together


Central banks always and everywhere weaken economic growth by undermining the propensity to save; they are destabilizing the economy by fueling a debt economy.

Understanding Money Velocity and Prices


The velocity of money does not have a life of its own. It is not an independent variable and it cannot cause anything, let alone offset the effect of increases in money supply on the prices of goods.

Rothbard: With Interest Rates, "There Are Two, Opposite Causal Chains at Work."


The relative strength and reaction times of changes in rates depend on the subjective expectations of the public. These changes—like economic changes in general—cannot be forecast with certainty. 



Power & Market Blog

Upcoming Events

Supporters Summit 2021

10/21/2021St. Petersburg, FL

Mises Meetup in Orlando

11/13/2021Orlando, Florida

Mises Meetup in Tampa, FL

02/19/2022Tampa, FL

Mises Meetup in Birmingham, AL

04/16/2022Birmingham, AL

Rothbard Graduate Seminar 2022

06/05/2022Auburn, Alabama

Why I Support Mises

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.