Since 1986, Mises University has been the world’s leading academic program advancing Austrian economics. This July, we celebrated the 40th anniversary of our flagship event with students attending from around the world. Students were able to learn directly from leading scholars of our tradition. They connected with colleagues who share their passions and left with memories that will last a lifetime.

Thanks to the generous support of Joe and Tracy Matarese, attendees heard a series of talks that dug into the root causes of America’s healthcare crisis.

The Misesian: First, what was it like seeing a book that you edited, Murray Rothbard’s The Progressive Era, referenced in one of Clarence Thomas’s Supreme Court opinions this cycle?

Patrick Newman: That was definitely a surprise. I was certainly thrilled. It’s great that Rothbard is getting this type of exposure for his history, being appreciated not just by Austrian economists but by a Supreme Court justice.

From the Friday, August 21, 2026 print edition:

The Fed and the other became not market makers of last resort, but leveraged buy-and-hold investors of last resort, a completely different thing. A market maker is constantly buying and selling. The Fed was only buying, not selling, in order to push up the price of the securities and to drive down their yields. A market maker is in it to make money on the bid-asked spread; the Fed created giant leveraged naked long positions that might, and then did, lose vast amounts of money.

Alex J. Pollock

Mises Institute

The Declaration of Independence: A Racial Experiment in Liberty
Bradley J. Birzer
American Institute for Economic Research, 2026, xv + 259 pp.

The Israeli government-funded ad revenue appears to operate in a gray area, but it seems Tel Aviv is exploiting loopholes to funnel money to Cruz’s political war chest. 

The US and Japanese bond markets have become increasingly intertwined in recent years as investors grapple with rising government debt and greater volatility.