Donut vs pear

Subjective Valuation Versus Arbitrary Valuation

One important difference between the Austrian and other schools of thought is the emphasis Austrians place upon purposeful human behavior. Consumption by individuals is not random, but rather purposeful action driven by subjective individual preferences.
Frank Shostak
Dred Scott

Dred Scott, Politics, and the “Living” Constitution

Some legal “experts” are claiming that the Supreme Court‘s infamous 1857 Dred Scott decision is still used in current law. That, of course, is nonsense. In fact, soon after its passage, many northern states essentially nullified “Scott” at the state level.
Wanjiru Njoya
Freedom ladder

Real Democracy Can Only Be Freedom

Democracy is the watchword with the ruling classes, yet a democratic political system does not protect individual freedoms. Indeed, democracy often has become the main road to socialism. It‘s time for some honest discussion.
Finn Andreen
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.
Virtual

In January 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.

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Tampa, FL

Join the Mises Institute for its fifth year in a row in Tampa for an exciting discussion on the future of academia and alternatives to state-controlled education.

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Auburn, AL

The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition.

Economics for Beginners

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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