President’s Impact Report — First Quarter 2025

Mises Institute Scholars and Staff

Henry Hazlitt Research Fellow Dr. Jonathan Newman:

  • He presented at the Austrian Economics Discord Server’s 2025 conference, where he discussed the significance of the definition of inflation and the implications of what Mises described as the “semantic revolution” of the concept.
  • Delivered a lecture entitled “Inflation: Causes and Consequences” to the National Party of Australia in Victoria as part of the John McEwan Discussion Group series.
  • He also appeared on several shows, including The Alan Nathan Show, The Stacy Washington NOW program on the Salem News Channel, and Stacy on the Right on Sirius XM Patriot.

Walter E. Williams Research Fellow Dr. Wanjiru Njoya:

  • Delivered a lecture at the Abbeville Institute Conference in Columbus, Georgia. The theme of the conference was ”The New South and Future South.”
  • She also made appearances on The Tom Woods Show, The Denise Simon Experience, and The Alan Nathan Show. You can listen to those interviews here.

Executive Editor Ryan McMaken:

President Dr. Tom DiLorenzo: 

  • Appeared on the What Is Money? podcast with Robert Breedlove.
  • He also appeared on The Bill Martinez Show and The Denise Simon Radio Show.

Senior Fellow Dr. Mark Thornton’s:

  • His article “Ludwig von Mises on Trade, Human Development, and Human Progress” was published in the book Free Trade in the Twenty-First Century: Economic Theory and Political Reality, edited by Max Rangeley and Deaniel Hannan (Springer, 2025).
  • He also appeared on Freedom Works! with Paul Molloy and on The Scott Horton Show.

Mises Alumni

Mateusz Machaj, former Mises Institute Research Fellow, was promoted to full professor at the University of Wroclaw.

Mises Club

The Mises Club Denmark held its third event in Aarhus.

Mises Events

Mises Circle in Tampa, Florida
Educating for Liberty

The Mises Institute staff traveled to Tampa for an event dedicated to educating for liberty. The event was sponsored by Liberty Villages and Greg Roe. The lecture lineup was as follows:

Jonathan Newman, “Training Young Economists”
Jason Jewell, “Current Trends in Higher Education and Red State Strategies”
Timothy Terrell, “Money for Nothing: Why We’re Spending More and Getting Less in American Education”
Tom DiLorenzo, “Incubators for Socialism: Can the Universities Be Saved?”

You can watch the talks here.

Libertarian Scholars Conference and Austrian Economics Research Conference 
Auburn, Alabama

The Mises Institute held its Libertarian Scholars Conference and its Austrian Economics Research Conference on March 20–22. 

Ralph Raico Memorial Lecture
“The Making of the State”
by Roberta Adelaide Modugno
Sponsored by Randolph Love

Murray N. Rothbard Memorial Lecture
“How Executive Power Can Dismantle the Deep State”
by Patrick Newman
Sponsored by Steve and Cassandra Torello

Henry Hazlitt Memorial Lecture
“Keynes: IS-LM, Socialism, and Modern Macroeconomics”
by Edward Fuller
Sponsored by Shone Sadler

Ludwig von Mises Memorial Lecture
“Considerations and Reflections of a Veteran Reactionary Libertarian”
by Hans-Hermann Hoppe
Sponsored by Yousif Almoayyed

Friedrich A. Hayek Memorial Lecture
“From Covid Lockdowns to Exchange Rates, Capital Theory, and Monetary Policy”
by Steve H. Hanke
Sponsored by Jerry Dowell

You can listen to the lectures here.

AERC 2025 Award Winners

Lawrence W. Fertig Prize in Austrian Economics
Jonathan Newman, “Proto-Austrian and Proto-Keynesian Elements of John Mills’s Credit Cycle”

O. P. Alford III Prize in Political Economy
Łukasz Dominiak, Karl-Friedrich Israel, and Tate Fegley, “Pandemic Policies, Public Domain, and Libertarianism: Response to Slenzok”

Kenneth Garschina Undergraduate Student Essay Contest:

First place: Robert Jexenflicker, Vienna University of Business and Economics, “The Relevance of Hazlitt’s Economics in One Lesson for Current Economic Discourse”

Second place: Ludovico Lumicisi, Danmarks Tekniske Universitet, “Something Is Rotten in the (Welfare) State of Denmark”

Third place: Javier Vergara Rios, Colegio Curimón, “Free-Market Reforms in Argentina and Chile”

Kenneth Garschina Graduate Student Essay Contest:

First place: Juan David Bohorquez, Universidad de los Andes, and Alonso Morales Sánchez Mejorada, Universidad Autónoma de Yucatán, Mérida, “Entrepreneurial Function Taxonomy”

Second place: Zachary Wood, Grove City College, “Implications of the Post-2008 Federal Reserve Policy Regime for Austrian Macroeconomics”

Third place: Jonathan Yen, Montana State University, Ryan Turnipseed, Oklahoma State University, and Guriy Borodkin, Loyola University New Orleans, “The Development and Application of the Disutility of Labor in Marginalist Theory”

Students for Liberty: LibertyCon, Washington, DC

While not a Mises Institute sponsored event, we were present with a booth in order to talk to the many students who attend. Former Mises Research Fellow Marcel Gautreau, who lives in the area, helped out. This year we featured Murray N. Rothbard on our t-shirts and mugs, and Dr. David Friedman stopped by our table. We had a great time meeting new students and reconnecting with old friends!

New Publication

Lew Rockwell’s talk at the Mises Circle in Phoenix, Arizona, on November 7, 2015, titled “Open Borders Are an Assault on Private Property,” was published as a booklet. You can view or download it here.

Mises Media 

Our YouTube channel broke the 200,000 subscriber threshold and celebrated its 19th birthday.

We added three Rothbard lectures from the 1971 Shaping the Future Libertarian Conference: You can view the lectures here. 

Our new documentary, Playing with Fire: Money, Banking, and the Federal Reserve, has over 801,000 views, over 163,000 hours of watch time, and 3.7 million impressions on YouTube to date. You can watch it for free here.

Our YouTube shorts have over 153,600 views. You can view these videos on our YouTube channel.

We released the first video in our new Economics for Beginners series: “Complexity: Liberty vs. Power.” You can view all our video series here.

Top Five YouTube Videos

Playing with Fire: Money, Banking, and the Federal Reserve, 617,989 views
“33 Counties in Illinois Have Voted to Leave the State” | Ryan McMaken, Loot & Lobby, 237,817
“PsyWar: Enforcing the New World Order” | Robert Malone, 164,833
“Why Joe Biden Had to Pardon Anthony Fauci” | Connor O’Keeffe, 68,112
“Incubators for Socialism: Can the Universities Be Saved?” | Tom DiLorenzo, 28,406

Top Five Audio Downloads

“The Structure of Production” | Murray N. Rothbard, Introduction to Microeconomics, 81,339
“Demand and Supply, Consumer Goods, Prices and Exchange” | Murray N. Rothbard, Economics 101, 75,305
“Editor’s Preface” | Percy L. Greaves Jr., Pearl Harbor: The Seeds and Fruits of Infamy, ed. Bettina Bien Greaves, 57,417
“Herbert Hoover and the Great Depression” | Tom Woods, The Politically Incorrect Guide to American History, 30,368
“Herbert Hoover Fights the Great Depression” | Murray N. Rothbard,The Progressive Era, 24,389

Top Five Book Downloads

Human Action: A Treatise on Economics | Ludwig von Mises, 221,694
Introduction to Economics | John Van Sickle and Benjamin Rogge, 57,094
Progress and Poverty | Henry George, 37,542
Leftism: From de Sade and Marx to Hitler and Marcuse | Erik von Kuehnelt-Leddihn, 34,775
Anatomy of the State | Murray N. Rothbard, 34,243

Top Five mises.org Articles

“The Gold at Fort Knox Was Stolen from Americans” | Ryan McMaken
“Why Joe Biden Had to Pardon Anthony Fauci” | Connor O’Keeffe
“Why They Really Hate Elon Musk” | Connor O’Keeffe
“More on the Presumed Theft of Gold that Became the Fort Knox Holdings” | Jane L. Johnson
“Birthright Citizenship Isn’t Real” | Ryan McMaken

Top Five Articles from mises.org/es

“4 razones de por qué el socialismo falla” | Antony P. Mueller
“¿Qué es el conservadurismo?” | Ryan McMaken
“¿Era Hitler realmente de derecha?” | Rainer Zitelmann
“¿Cuál es la diferencia entre liberalismo y «neoliberalismo»?” | Ryan McMaken
“País rico, país pobre. ¿Por qué las diferencias?” | Lipton Matthews