Each economic crisis brought on by loose money brings on a “solution” of...looser money. This pattern is not just a threat to the economy but to our very freedom itself.
The story of how the Pilgrims at Plymouth Rock abandoned the common labor system and embraced private ownership is well known. While at first it affected a small community, William Bradford’s decision in favor of private enterprise would have a wide ranging effect.
Free markets and free minds must push back against the mercantilist and populist policies associated with current Keynesians; we must draw upon the foundational ideas of economists such as Ludwig von Mises, Friedrich Hayek, Israel Kirzner, and Murray Rothbard.
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.
