The Bob Murphy Show features in-depth interviews and solo analysis by Bob Murphy. Much of the content relates to economics in the tradition of the Austrian School, as well as libertarian political theory, but the show covers a broad range of topics. To learn more, visit
Mises University is the world’s leading instructional program in the Austrian school of economics. Recordings of the lectures and seminars presented at the Mises Institute, 18–24 July
[An MP3 audio file of this article, read by Steven Ng, is available for download .] When future generations of scholars look back on the economic and political disaster enveloping the United States today, three questions should be at the forefront of their minds. First, they should wonder whether the many generations of politicians that
For a few billion dollars you might expect to be able to bribe some small third world country into cleaning up its act, to defend the property rights of its citizens, to provide a stable currency, and to establish a non-interventionist economic and foreign policy. With little Switzerlands and industrial revolutions developing around the globe, the
The present paper is the continuation of an intra-libertarian debate over immigration. Previous contributions to this dialogue on the open borders side include Block, 1998, 2004A, 2011; Block and Callahan, 2003; Gregory and Block, 2007. The restricted borders argument includes Hoppe 1995, 1998, 1999, 2001, 2002. Volume 22, Number 1 (2011) Block,
In Guns, Germs, and Steel (1997) and Collapse (2005), Professor Jared Diamond argues that geography and environment are the “ultimate determinants” of the fates of societies This paper examines Jared Diamond’s success in explaining the broad pattern of history within the context of geographical and environmental considerations. Volume 22, Number 1
The Economist recently ran a piece criticizing the suitability of GDP as a measure of economic development and material progress. In the past, the publication has touched on various other weaknesses of this aggregate measure—including the fact that it is not a timely and reliable indicator that can guide economic policy—as well as suggesting new
The national minimum wage introduced in 1999 by the Blair government was seen as one of the best policies to tackle exploitative work and the conditions of low pay. What better than to create a floor under which no one can fall? Well it seems that floor was not so stable, as young people have borne the brunt of this misguided policy. Effects as
Many of us were once convinced that idea of the centrally-planned economy, both in theory and in practice, had been completely buried. Most economists today would argue that the planned economy doesn’t work, and in the last two decades of the twentieth century, almost all the planned economies shifted toward market economics. However, with the
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.