Austrian Economics Overview

When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian economics.

In this interview with our Vice President of Academic Affairs, Ryan McMaken discusses the topic of “What Makes the Austrian School Different?” 

Transformative experiences are the goal of Mises University. We take undergraduate students under our wing for one week and introduce them to Austrian economics. Next year will be the 40th anniversary of Mises University, and we plan to make it unforgettable.

Q: What impact did Mises University have on your career? A: It had a huge impact ... Seeing the scholarships and the opportunities that the Institute had for advancement in graduate work was encouraging to me.

In this issue of The Misesian, we want to give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.

Ludwig von Mises was born 144 years ago today. His economic masterpieces are as relevant and powerful today as when they were written. Mises still is the most eloquent voice against socialism.

Looking forward from 2025, one can see Austrian economic publications, researchers, students, teachers, and writers in many countries flourishing.

In this issue of The Misesian, we want to give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.

Mark Thornton dismantles the modern obsession with equality.

Lucas Engelhardt explores the economics of interventionism, tracing Ludwig von Mises’s core argument that state interference in markets is both self-defeating and inherently unstable.