Mises Wire

The revival of Austrian economics had roots in the Circle Bastiat group that met in New York City in the 1950s, among them Murray Rothbard and Ralph Raico.

Although Marxism has thoroughly permeated higher education, few employed there will admit to being Marxists. Instead, they employ Marxist terms to promote their social visions of deconstructionism.

Rothbard's view of the international system is built upon his consistent view of the state as a coercive institution run by a self-interested ruling class. 

In this week’s Friday Philosophy, Dr. David Gordon honors the centennial of Murray Rothbard’s birth, recalling his memories of conversations and discussions with the man who was knowledgeable on a wide range of topics—and was never a boring companion.

Thanks to taxpayer funding, scientific research has become utterly and hopelessly politicized. It’s time to pull the plug on this funding for good.

If good sense prevails, the American regime will "forget" that Trump called for unconditional surrender, and instead pursue a more sane, negotiated resolution. 

The current US conflict with Iran has its roots in the CIA-backed coup in 1953, which removed a democratically-elected prime minister and replaced him with the Shah. The Shah’s government ultimately collapsed, leading to the current Islamic republic.

As we celebrate the Centennial of the birth of Murray Rothbard, we look at his commentary on the American Revolution, where it promoted liberty and where the creation of the Constitution became liberty’s roadblock.

Murray Rothbard was born 100 years ago this week and his time on earth was much too short. Yet in that time he was here, he added much to the intellectual foundations of economic thinking.

Mainstream economists want us to believe that money gains its value from state decrees. Yet, Austrian economists more than a century ago explained why money has value.