The Lisa Cook Scandal: The Endgame for Trump Is More Easy Money
Key personnel in the Trump administration have accused Fed Governor Lisa Cook of making false claims on mortgage applications. Basically, Cook is accused of claiming that she was going to use properties as her primary residence when she really planned to use those properties as investments. NBC news reports:
War, Taxes, and the National Science Foundation
This article is adapted from a lecture delivered at the Revisionist History of War Conference at the Mises Institute, May 17, 2025.
The Myth of Fed “Independence”
This article is adapted from a lecture delivered at the Revisionist History of War Conference at the Mises Institute, May 17, 2025.
One of the central myths of the modern Federal Reserve is that it is “independent.” The idea is that the Fed is squarely focused on its dual mandate from Congress and is not influenced by politics, presidents, or pressure from the Treasury to keep the government’s borrowing costs low. In a Q&A after his recent speech, Fed Chair Jerome Powell said:
The Young Rothbard: An Uncomfortable Neoclassical Economist
This was the opening-night lecture at the 2025 Rothbard Graduate Seminar.
Why We Need to Read Read
Freedom in One Lesson: The Best of Leonard Read
Edited with commentary by Gary Galles
Mises Institute, 2025; xii + 422 pp.
We owe a great debt to Gary Galles, a distinguished free market economist who teaches at Pepperdine University, for collecting no less than 97 of Leonard Read’s articles, accompanied by a commentary of his own in which he shows their relevance to contemporary issues.
Spotlight: Summer 2025 Research Fellows in Residence
One of Murray Rothbard’s priorities for the Mises Institute was to create a program that would serve as an academic refuge and incubator for young scholars in Austrian School economics and related fields. That vision led to the creation of our interdisciplinary Research Fellows in Residence program.
Fraud at the Fed, Smithsonian, and DC Council
The End of Bolivian Socialism: Freedom or Renewed Statism?
August 17, 2025, marks the end of an era: for the first time in two decades, MAS (Movement Toward Socialism) has been excluded from the presidential runoff.
The Erosion of Free Speech
Most Western nations claim that they honor free speech. Constitutions around the world are centered around it. But if you move outside the political consensus in many European countries, that promise increasingly rings hollow. While this is prevalent in many European countries, Germany has some particularly dramatic examples this essay will analyze. In April 2025, a right-wing journalist named David Bendels got a seven-month sentence on parole for the crime of “defamation.” His crime?