The Anti-Capitalist Mentality of the Estado Novo
Portugal’s Estado Novo, which dominated politics for more than 30 years there, and was firmly anti-capitalist. It has been 50 years since Estado Novo’s demise, but anti-capitalist thinking still dominates among Portugal’s ruling elites.
Hofstadter on Lincoln
Historian Richard Hofstadter was a well-known progressive, but his take on Abraham Lincoln certainly differs from the hagiographic approach most US historians take toward him.
The Impossible Two Percent: Why Central Banks Cannot Afford Price Stability
While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will not end well.
Warren Harding: A Sinner in the Hands of Angry Progressives
Warren Harding provides a case for how lies and myths—in the name of the truth—can be centralized and become the dominant narrative for generations, shaping views on policy.
Thanksgiving: A Celebration of Domestic Life
For 150 years, Thanksgiving has been primarily an apolitical holiday that’s really about family fun and eating a huge meal.
Thanksgiving Is a Celebration of Free Enterprise
The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise, however, they had something to be thankful for.
The Misesian
In the latest issue of The Misesian, we give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.
Contagion
Politicians and central bankers invoke "contagion" to demand more power and money, while their interventions cause the very fragility they decry.
The Great Depression: An Austrian Reply to WIRED
Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover’s alleged inaction, the role of the Fed and the gold standard,
How 50-Year Mortgages Turn Home Owners into Renters
50-year mortgages are likely to increase the likelihood of more "owners" becoming underwater and walking away from their mortgages. This will lead to more bailouts for the financial sector.
Interest Is Not the Marginal Product of Capital
Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in actual markets the interest rate emerges from time, prices, and
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Oklahoma City, Oklahoma
Join Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell for our first event of 2026.
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Auburn, AL
Join us in Auburn in March for Libertarian Scholars Conference 2026.
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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.
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.
