America’s industrial revolution didn’t just happen. It came about because of the free market initiatives that came from the Andrew Jackson presidency.

America’s industrial revolution didn’t just happen. It came about because of the free market initiatives that came from the Andrew Jackson presidency.

Patrick Newman reviews The Gold Standard: Retrospect and Prospect. The collection provides an honest assessment of the gold standard, highlighting both the strengths and limitations of the gold standard, while also addressing alternatives such as monetary rules and cryptocurrencies

The Constitution was crafted to centralize political power and protect elite economic interests.

Capital goods shape civilization itself.

Did the Marshall Plan save Europe or enrich crony capitalists? Patrick Newman discusses how corporate welfare, hidden deals, and corruption shaped postwar policy, with effects still felt today.

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.

How many times have you seen a politician, businessman, union, or activist group clamoring for the government to do something on the grounds that it will improve the public weal? “We need higher minimum wages to benefit the working class,” a union official says. A Rust Belt politician claims, “Higher tariffs on steel goods protect American manufacturing and create jobs.” An American Medical Association spokesperson declares, “The government has a duty to increase regulatory standards on drugs and medicine to keep the public healthy.” Or perhaps, to paraphrase so many economists and Wall Street bankers, “The Federal Reserve must bail out large financial institutions during a crisis to stave off a depression.”At face value, these are simple examples of honest people motivated to use 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.

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.

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.

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.

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.

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.

Recorded in Tampa, Florida, on February 17, 2024.
Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023.
Special thanks to Murray and Florence M. Sabrin for making this event possible.

Are We Headed for a Recession in 2024? | Patrick Newman

Video of Are We Headed for a Recession in 2024? | Patrick Newman

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Download the slides from this lecture at Mises.org/SS23_PPT_12

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Sponsored by Brian and Shanna Tvenstrup.
Download the slides from this lecture at Mises.org/SS23_PPT_14

Wall Street and the Origins of Bretton Woods | Patrick Newman

Video of Wall Street and the Origins of Bretton Woods | Patrick Newman

In the Progressive Era (1897 to 1929) the American Medical Association made an effort to restrict the supply of doctors.
Download lecture slides at Mises.org/MU23_PPT_18. 
Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023.

Cronyism in America: How the AMA Cartelized the Medical Profession | Patrick Newman

Video of Cronyism in America: How the AMA Cartelized the Medical Profession | Patrick Newman

Loan banking versus deposit banking, how deposit banking affects the money supply, how free banking limits credit expansion, the money multiplier process, and more.
Download the slides from this lecture at Mises.org/MU23_PPT_08.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.

Banking | Patrick Newman

Video of Banking | Patrick Newman

The Jacksonians saw central banking for what it was: a way of making the rich even richer, while ripping off ordinary people. We remember the Jacksonians not just because they were right about the central bank, but because they were also very successful in their fight against the Bank and its allies.

Relates to Murray Rothbard’s Conceived in Liberty, Volume V: The New Republic, 1784-1791 and my forthcoming book, Liberty versus Power: A History of Cronyism in the United States, 1607-1849 (2021?)