So long as governments exist, it is essential that we minimize the ability of groups and individuals to use the power of the state to enrich themselves.
When governments raise the cost of obtaining a good, many people will opt for buying a higher quality (or more potent) version of the good with each transaction.
As a student of economics, I was forced to learn the mainstream economics, which means neoclassical and Keynesian economics. But, after attending Mises University, I have decided I learned more real...
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.
