Among the criticisms of capitalism is that it supposedly creates meaningless jobs created by villainous capitalists to keep people docile. However, it is state power and regulation that makes many jobs little more than meaningless make work.

Imagining the End: Leary of Lincoln

10/31/2025 Friday Philosophy David Gordon

This week, Dr. Gordon examines the work of the late Jonathan Lear and some thoughts he expressed about Lincoln and the treatment of the Confederate dead following Gettysburg.

New Scholarship in the QJAE and the JLS

10/31/2025 Power & Market Timothy D. Terrell

New scholarly work is appearing regularly in the Quarterly Journal of Austrian Economics and the Journal of Libertarian Studies. Here is a sampling of recently published articles.

Say Hi to UBI

10/31/2025 Power & Market Roman Kireev

This is not the path to prosperity. It is the final stage of the ruinous collectivist project.

Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

10/31/2025 Mises Wire Joshua Mawhorter

When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian economics.

Meet the Writer

Murray N. Rothbard

Murray N. Rothbard made major contributions to economics, history, political philosophy, and legal theory. He combined...

Introduction to Natural Law

09/08/2025 Mises Daily Murray N. Rothbard

The natural law is, in essence, a profoundly “radical” ethic, for it holds the existing status quo, which might grossly violate natural law, up to the unsparing and unyielding light of reason.

Murray Rothbard on Flag Burning

08/26/2025 Notes in the Margin Murray N. Rothbard

President Trump’s recent executive order forbidding burning the U.S. flag is in direct opposition to the property rights issue that Murray Rothbard took on the same subject.

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.

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