President Trump signs an executive order in the Rose Garden

Trump’s “Liberation Day” Tariffs Are a Mistake

President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to trade or that the American public will be uncharacteristically fine with higher prices.
Connor O'Keeffe
FTX

If Only FTX Could Use the Fed’s Accounting

What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike FTX, the Fed can create fictitious assets and pretend that nothing is happening.
Douglas French
Gold ownership

Who Owns the Gold?

With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in the first place. Franklin Roosevelt‘s theft of gold from the American people is a crime that still needs to be rectified.
George Ford Smith
Supreme Court

The Contested Meaning of the Constitution

While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of what the Constitution says is disputed. The first step toward more consensus is understanding that the Constitution is interpreted by fallible people.
Wanjiru Njoya
Kidnapping

First They Came for the Op-Ed Writers

The Trump administration continues its assault on the First Amendment and the rights of dissenters. The latest casualty is a Turkish graduate student at Tufts University who was arrested by US authorities because she wrote an op-ed in the student newspaper critical of Israel.
James Bovard
What Has Government Done to Our Money?
In the last few years, many Americans have started to see the truth about the Federal Reserve. Putting this book in their hands at this moment will have a profound effect for the better.
Various Locations

This spring, students from across the US are participating in Mises Book Clubs led by scholars at various universities and colleges. These student groups promote deep reading in Austrian economics.

Auburn, AL

Research Fellowships at the Mises Institute in Auburn, Alabama, are available to graduate students and post-docs interested in scientific research in the Austrian school and libertarian political economy.

Economics for Beginners

Our Complex World

Complexity: Liberty vs. Power

Can we find freedom and opportunity in an uncertain future? This series explores the complex systems that shape our world.
The Costs of the Progressives

Progressivism

The battle between American individualism and modern progressive collectivism.
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.

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