Mises University 2018

Mises University 2015
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Austrian Economics

Rooted in the tradition of Carl Menger and Ludwig von Mises, as well as Murray Rothbard and F.A. Hayek, the Austrian School offers a rigorous and logical approach to economics that gives free markets their due and takes full account of the reality of human choice. More than a field within economics, the Austrian School is an entirely different approach that dissents from the mainstream on method, theory, and policy. It views economic actors as unique, conscious, and freely choosing individuals, not as undifferentiated data to be manipulated mathematically or politically.

The Program

The Mises University is the world’s leading instructional program in the Austrian School of economics. Since 1986, it has been the essential training ground for economists who are looking beyond the mainstream.

The program offers courses and seminars on the whole range of the discipline. A core curriculum presents economic foundations, and more than fifty elective classes explore the entire range of economics, in all levels of advancement. The program ends with a Mündliche Prüfung, an optional exam for an honors certificate and cash prizes for the most learned.

Subject areas cover market behavior, competition, value and utility, money and banking, business cycles, industrial organization, method, economic history, the philosophy of science, financial economics, and more. You attend what most suits your interests and level of advancement.

Classes are interspersed with discussion seminars, faculty panels, and plenary lectures. There are special sessions on economic history, economics and ethics, and political philosophy. Nightly social hours allow time to meet and discuss it all with faculty and other students.


Through the generosity of Mises Institute Supporters, there is no registration fee at Mises University for students who are accepted. Acceptance is highly selective. All students who are accepted on full scholarship receive complimentary admission to all sessions, refreshment breaks, a double-occupancy dormitory room for 7 nights, transportation between the dorm and the Mises Institute each day, and meals beginning with dinner on Sunday, July 15, and ending with dinner on Saturday, July 21.

A limited number of Member Observer and Faculty Observer slots are available. Observers may register online at the end of this page. (Mises University Faculty request that Observers refrain from questions or comments during sessions, but there is ample opportunity for Observer discussion and questions during meals and breaks.) Observers’ registration includes sessions and meals, but not accommodations. Observers can reserve a single occupancy dormitory room (spartan) at a rate of $63 per day by calling the Mises Institute 334-321-2100, or reserve a room at nearby Auburn University Hotel by contacting them before June 15 and mention Mises University for a special rate of $142 per night plus tax. Or, reserve a fully furnished condo at Auburn Game Day Center in the same block as the Mises Institute.

Student dormitory rooms are scheduled for check-in on Sunday, July 15, and check-out on Sunday, July 22. Please email pat@mises.org to request early arrival. Dormitory details forthcoming.

Required Reading

The list of the readings that all students must complete before attending Mises University is available online here. All materials are available on Mises.org free of charge, and most readings are available in multiple formats (e.g., PDF, ePub, HTML, audio).


The student who emerges from the oral examinations (the Mündliche Prüfung) with the best record, as chosen by the examining committee, will be awarded the Douglas E. French Scholarship Prize of $2,500. Second and third highest scorers will receive the Grant Aldrich Prize of $1,000 and $500 respectively.


Download printable schedule. Mises University begins with dinner Sunday July 15 and ends with dinner Saturday July 21. Most students arrive the afternoon of Sunday July 15 and all students must depart by Sunday July 22.

2018 Faculty

Mises University faculty are among the finest scholars of Austrian Economics and libertarian political theory in the world, under the direction of Joseph Salerno of Pace University and the Mises Institute.
Other faculty include:

The Campus

The Mises Institute is adjacent to Auburn University and near the heart of downtown Auburn. The Mises Campus features seminar rooms, an extensive special-collections library, a large archival center housing the papers of Mises, Rothbard and other great Austrian economists, bookstore, a discussion conservatory, an outdoor amphitheater, and study gardens.


Shuttles between the Atlanta airport and Auburn are available through Groome Transportation, with multiple runs daily. Atlanta, Georgia airport is the only airport with shuttle service to Auburn. Attendees will be instructed on special reservation procedure for Mises University attendees. 


Scholarship students will stay in a double occupancy dorm room on the Auburn University Campus. Details will be emailed to each participant before the event.

Breakfasts will be served on the Auburn University campus. Lunches and dinners will be served at the Mises Institute or local restaurants. Classes will be in the lecture halls of the Mises Institute. Nightly social hours will offer refreshments in an informal atmosphere ideal for discussing new ideas from the daily lectures or for making new friends.

Apply Now

The application process for Mises University 2018 is open to full-time students, faculty, and current Members of the Mises Institute (non-students, make your tax-deductible donation of $60 to become a Member today). Economics majors and graduate students have priority, but students in all disciplines are encouraged to apply. Application deadline is May 1, 2018 but students are strongly encouraged to complete the application process as soon as possible. All applicants will be notified of the final status of their applications.

To apply for a student scholarship, go to the Mises University Application Form. Applicants can complete the form and submit the required documents using the simple upload tools. Students who are unable to obtain digital versions of the required documents may submit them via fax to 734-448-8148, or via ground mail to Mises University, 518 West Magnolia Avenue, Auburn, Alabama 36832. No student scholarship application will be considered until it is complete.

Important Note: all Mises University applicants agree to abide by the Mises Institute’s Visiting Scholar Manual.

Faculty and Member Observers should use the Faculty & Member registration form at the bottom of this page rather than the student scholarship application site.

Student Scholarship Application Requirements

  1. Application questionnaire
  2. Unofficial copy of university transcript
  3. Student photo ID copy
  4. Academic letter of recommendation
  5. Confirmation of consent to terms of the Manual for Visiting Scholars

(Note: The academic letter of recommendation should address your academic strengths that go beyond what is recorded in the university transcript. Particularly helpful are comments on your interest in Austrian economics or Austrian scholarship in general. If you are a graduate student, the letters should address the quality of your research and potential to make contributions in your academic field. If your professor wishes to send this letter privately, it can be emailed to scholarships@mises.org).

Email us with questions, or call 800-636-4737.

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