When Alexis de Tocqueville set forth his observations on American democracy, he began his story with a description of township government. “It is man,” he said “who makes monarchies and establishes republics, but the township seems to come directly from the hand of God.” The oft-revered, sometimes maligned Frenchman’s instincts were sound on this
Bill Greene is assistant professor of political science at South Texas College in Weslaco, Texas. Dr. Greene made headlines in 2016 when, as a member of the Electoral College from Texas, he cast his vote for Ron Paul. He recently spoke with us about his vote and his work with Ron Paul and the Mises Institute. THE AUSTRIAN: Ron Paul has noted that
Sebastian Mallaby is the Paul A. Volcker Senior Fellow for International Economic Relations at the Council on Foreign Relations. One can be sure, then, that his new comprehensive book, The Man Who Knew: The Life and Times of Alan Greenspan , reflects an Establishment point of view. As if this were not enough to tell us where the book is coming
In the eyes of many people, the Federal Reserve (Fed) is an indispensable institution. We are told it supports growth and employment, fends off the negative shocks, and fights inflation. Nothing could be farther from the truth. The Fed’s fiat money regime is economically and socially highly destructive — causing far-reaching societal and political
Murray Rothbard has been gone more than 20 years now, his brilliance, wit, and irreplaceable insights taken from us far too soon. At home in New York City over a Christmas break from his teaching duties at the University of Nevada, Rothbard accompanied his beloved wife Joey to her optometrist appointment on a bitterly cold day. A few moments
As I’ve traveled around the country making speeches at college campuses, I’ve noticed that very few young people want war. In fact, I’d say that 90 percent of the people I come into contact with are opposed to new wars. So, the question is this: If so few people seem to want war, why do we keep getting so many of them? The answer lies on how
T. Hunt Tooley is chairman of the department of history at Austin College and an Associated Scholar of the Mises Institute. In this interview with The Austrian , Dr. Tooley examines what we can learn today from the First World War. THE AUSTRIAN: It has now been 100 years since the United States entered the First World War. Was getting involved in
The Populist Explosion: How the Great Recession Transformed American and European Politics by John B. Judis Columbia Global Reports, 2016 Donald Trump’s victory in the November 2016 election for president of the United States astonished the world. Though he had never held political office, he won the Republican nomination. The leading polls
The Power and Independence of the Federal Reserve Peter Conti-Brown Princeton University Press, 2016 xiv + 347 pages Peter Conti-Brown, a legal historian who teaches at the Wharton School, would sharply dissent from Ron Paul’s wish to End the Fed. He never cites Mises or Rothbard, and the only Austrian work that he mentions, hidden away in an
Capitalism is essentially a scheme for peaceful nations. What the incompatibility of war and capitalism really means is that war and high civilization are incompatible. — Ludwig von Mises Peace is popular. That was Ron Paul’s message to our audience in Texas earlier this spring, and it has been his consistent message since first running for
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.