VIDEO: A Message to Radicals and Moderates

06/08/2026 Notes in the Margin Karl-Friedrich Israel

Prof. Dr. Karl-Friedrich Israel delivers the Laudatio in honor of Dr. Ron Paul, recipient of the 2026 Hayek Medal awarded at the Annual Conference of the German Hayek Society on May 22, 2026, in Münster, Germany.

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Latest Articles

Jobs created (or lost) in the past month (or decade)

06/08/2026 Power & Market D.W. MacKenzie

Reactions to the latest jobs report focused on the unexpectedly large increase in total employment. There was a large increase in private employment over the past month. This is good news. The ratio...

Is the US Economy Headed for a Bust?

06/08/2026 Mises Wire Frank Shostak

Does a recession loom in our future? Given the irresponsibility of the government’s economic policies, the short answer has to be “yes.”

False Signals

06/08/2026 Power & Market Roman Kireev

One must ask the decisive question: if fiat money is genuinely superior, why would coercion be required to impose it upon those who would supposedly benefit from its existence?

We’re Freaking Doomed without Freedom from State Rule

06/08/2026 Mises Wire George Ford Smith

As AI continues to grow, we are told to fear private transactions and to depend on the state for safety and security. The reality is that we need to fear the state and what it will do to us as technology becomes increasingly sophisticated.

Civilizations Are Transaction Costs

06/06/2026 Mises Wire Vladyslav Manzyuk

As Hayek noted, civilizations do not arise from political decrees, nor are they the simple product of culture. The costs of transacting exchanges also play an important role.

Meet the Writer

Karl-Friedrich Israel

Karl-Friedrich Israel is a professor of economics in the department of economics and business at Western Catholic...

VIDEO: A Message to Radicals and Moderates

06/08/2026 Notes in the Margin Karl-Friedrich Israel

Ron Paul Wins the Hayek Medal 2026 – A Message to Moderate Classical Liberals and Hardcore Libertarians

05/27/2026 Power & Market Karl-Friedrich Israel

Dr. Ron Paul has received the Hayek Medal 2026, the highest honor awarded by the German Hayek Society at its annual conference that took place in Münster from May 22 to 23.

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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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