| Mises Institute

Politics is about today — tomorrow be damned. The politician wants to get elected and stay elected, and retire well off. He only cares about getting votes from constituents he abhors. He cares nothing of their lives, their struggles, or their successes.

Preface to Freedom & Power

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[Preface to Essays on Freedom and Power (1948) by Lord Acton]

The Great Paper-Money Experiment

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[Excerpted from book 7, Money and Man.]

A Closer Look at China’s Currency Manipulation

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While the thought of engaging in trade wars — in the midst of a global depression — with the Chinese is unnerving, the worst part of it all is that the relevant economists have failed to see their mistaken premise.

Greenspan Came Not to Save Consumers but to Bury Them

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The Financial Crisis Inquiry Commission had penetrated, to an uncomfortable degree, the shallow defenses Greenspan has dreamt up to justify his indefensible behavior.

Liberty vs. the Constitution: The Early Struggle

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[Excerpted from chapter 5 of Albert Jay Nock’s Jefferson]

The Constitution looked fairly good on paper, but it was not a popular document; people were suspicious of it, and suspicious of the enabling legislation that was being erected upon it. There was some ground for this. The Constitution had been laid down under unacceptable auspices; its history had been that of a coup d’état.

Role of Interest in Entrepreneurial Calculations

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The drop in interest rates makes unrealizable projects appear profitable and realizable. Entrepreneurs embark upon the execution of such projects. Business activities are stimulated. A boom begins.

Why Economics Is Crucial for Ethics

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The most important problems are unreflective activism and uninformed dissent. Economic reasoning helps us expose absurdities in seemingly noble moral pronouncements. You can’t get justice and prosperity merely by wishing for it.

Was Keynes a Liberal?

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[from The Independent Review, v. 13, n. 2, Fall 2008, pp. 165–188.]

The Rebels Against Economics

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It ought to be possible to write of socialism without the underlying assumption that socialists alone are right and righteous — that they alone are the true crusaders against the powers of darkness.

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What is the Mises Institute?

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.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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