Ulrich Fromy

Articles

Why Representative Democracy Is Obsolete

04/24/2026 Mises Wire Ulrich Fromy

The word “democracy” is almost sacrosanct in modern society, yet what advocates call “our democracy” is not what it claims to be. Real democracy can be found in the workings of the free market, not the political halls.

Does Liberalism Fuel Imperialism?

01/25/2026 Mises Wire Ulrich Fromy

Conventional wisdom tells us the liberal democracies are the most peace-loving nations. But the record tells us something else.

Security, Fear, and Power: The Impossible Rest of States

01/07/2026 Mises Wire Ulrich Fromy

The new “Donroe Doctrine” that is used to justify the US invasion of Venezuela is in line with how the state seizes power and then finds ways to justify actions that are unjustifiable.

Media

Christine Lagarde and the Privatization of Currency

07/31/2025 Ulrich Fromy

EU Central Bank President Christine Lagarde has declared that anything that might lead to private currencies must be stopped. Yet, as F.A. Hayek noted, one way to confound central banks is through private currencies.

Price Controls and Drug Shortages in France: A Textbook Case of the Evils of Interventionism

05/24/2025 Ulrich Fromy

France is facing critical shortages of a number of drugs, and one need look no further for a cause than a price control regime.

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.