"[T]hey see that their parents are pro-war, pro-militarism, and anti-sex, and they have become just the opposite ... and to become pro-drugs because their parents are hysterically opposed."

The Questionable Rationale of Adjusting Data for Seasonality

10/27/2025 Mises Wire Frank Shostak

When economists try to analyze the economy, one procedure is to remove the “seasonal” component from the data in order to account for trends and fluctuations. That collides with the thinking behind praxeology in which human beings engage in purposeful behavior.

Recognizing the Roots of the Current US Political Turmoil

10/27/2025 Mises Wire Lipton Matthews

No one doubts that the US is a politically and culturally divided nation. Contrary to much of public opinion, politicians like Donald Trump did not cause the crisis. Instead, as Lawrence Mead writes, they are a symptom of the government's assault on our culture.

How to Recognize Critical Race Theory

10/25/2025 Mises Wire Wanjiru Njoya

Despite the change in the White House, critical race theory is still with us, dominating the academic sectors and being ingrained in progressive culture. We need to better recognize what it is and how it works in order to better refute it.

Meet the Writer

Walter Block

Walter Block is the Harold E. Wirth Eminent Scholar Endowed Chair in Economics at Loyola University.

South Royalton: Looking Back

03/28/2024 Peter G. Klein Walter Block Jack High Randall G. Holcombe Murray Sabrin Joseph T. Salerno

A discussion of the 1974 South Royalton Conference on Austrian Economics by those who attended.

Cultural Appropriation

02/06/2024 Power & Market Walter Block

It is cultural appropriation if a black person listens to Mozart; this dead white male composer is simply not part of that person’s culture. It is cultural appropriation whenever an Oriental person...

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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.

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