Education

Economists today have sold themselves to the enemy. To succeed they have to toe the line, and they don’t bite the hand that feeds them.

The most hard-working and intelligent people tend to go to college, but it’s not the college degree that makes them successful.

Whether it’s “pure” socialism or the so-called mixed economy, the historical record is clear that government intervention makes us poorer.
 

Once I understood the fundamental choice was between laissez-faire and statism, it was clear: there was no “third way.”

The demand for online educational programs illustrates how useful they are in the marketplace, and the Mises Institute is already part of this new world of higher education. We seek to become the private online university of the future for Austrian economics, libertarianism, and related areas.
 

Government officials talk about more entrepreneurship, but they pick particular firms, industries, or technologies, and give them subsidies and benefits. What entrepreneurs need is secure property rights, the rule of law, and sound money. The best government can do for entrepreneurs is get out of their way.

The “public issues” of today are crucially dependent on an understanding of sound economics. Virtually every major “public” or “social” issue involves proposals for government interference with the market. That’s why it’s crucial for lovers of liberty to understand how a voluntary economic marketplace works, in order to explode the myths and lies of its enemies.

According to this Mises U alum, Mises U experience can be applied to some degree programs:

Many young people want to know what has caused this ongoing economic crisis and many are looking for places to study Austrian free market economics

Competition in education, just as competition in the market place, results in a better experience for consumers.