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What Is the Purpose of Economic Theory?
Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian economists, however, say that the purpose of economic theory is to explain economic events.
Javier Milei vs. the Status Quo
Unsurprisingly, Javier Milei’s free-market and antistate initiatives face opposition in Argentina. Whether he is successful depends on his being able to politically outlast his collectivist opposition.
Why the West Is Giving Up on Individual Rights
Individual rights originated in Western thinking. Today, it is the West that produces the ruling class that disdains individual rights and replaces them with collectivism.
Woods Exposes the Federal Reserve System
Tom Woods has put his considerable skills to work exposing the dangers caused by the Federal Reserve System. George Ford Smith reviews his latest book that gives intellectual ammunition to his case.
Privatize Driver’s Licenses
People often stubbornly hold to false beliefs, one of them being that government regulation of driving prevents chaos. However, the opposite seems to be true: government involvement in anything, including driving a car, creates the chaos we claim we want to avoid.
Does Libertarianism Reject Communities? Libertarianism Actually Strengthens Them
A common knock on libertarianism is that it is so individualistic that it rejects the concept of community. (Think of the political cartoon in which the libertarian lifeguard let people drown.) In truth, strong communities also need free individuals.
Abundance, Generosity, and the State
In his latest book, Guido Hülsmann investigates the nature, forms, causes, and consequences of gratuitous goods and concludes that they thrive within a free economy.
Did the MMT Camp Correctly Predict the Post-Covid Economy?
Did Stephanie Kelton correctly predict that government debt would be benign back in May of 2020? Bob and guest Jonathan Newman discuss.
Abolish the CIA and FBI
Ryan and Tho discuss Tucker Carlson's recent interview with Joe Rogan, and why he's right about America's dangerous "security" agencies.
FDR’s War Against Civil Liberties
Historian David Beito joins Bob to discuss issues such as the Japanese concentration camps and the government's mass surveillance of telegrams.
The PPI Again!
Mark takes another look at the Producer Price Index.
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.
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Auburn, AL
Join us in Auburn in 2024 for an event celebrating 75 years of Human Action.
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Auburn, AL
Students apply now for the summer term Mises Book Club, beginning June 2024.
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Auburn, AL
2024 marks the 25th anniversary of the Rothbard Graduate Seminar, which provides an intense study of Misesian and Rothbardian economic analysis, along with the substantive conclusions of that research in related fields.
