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...
Read More »
Category Archive: 6b.) Mises.org
Federal Spending in 2025 Is on Track to be the Highest Ever
Read More »
Warren Buffett Gets It Wrong
Berkshire Hathaway—the investment holding company run by Warren Buffett for the last sixty years—released its much-awaited annual report in late February. In the report, Buffett himself delved into the topic of capitalism and America’s relationship thereto. Early in the preamble to the report, Buffett hints at the connection between inflation and government malfeasance:Paper money can see its value evaporate if fiscal folly prevails. In some...
Read More »
Read More »
First They Came for the Op-Ed Writers
On March 25, six masked federal agents seized a Turkish graduate student on the streets of Somerville, Massachusetts. Rumeysa Ozturk—who was wearing a hajib—is a Fulbright scholar working on a doctorate at Tufts University.She was abducted and vanished into the maw of the federal prison system. The Trump administration ignored a federal court order and took Ozturk from Massachusetts to Louisiana federal detention facilities.But the Trump...
Read More »
Read More »
Do Inflationary Expectations Cause General Increases in Prices?
Many believe the key cause to a general increase in prices are so-called “inflationary expectations.” For instance, if there is a large increase in the prices of oil, individuals will start forming expectations for higher inflation ahead. Consequently, individuals will speed up their purchases of goods and services at present, thereby raising the demand for goods and services, all other things being equal. This is supposed to set in motion general...
Read More »
Read More »
Britain—Like France and Spain—Is Poorer than Mississippi
Read More »
How to End Drug Violence
Recently President Trump threatened to invade Mexico—all in its best interest, of course—in order to smash the drug cartels that are responsible for funneling so many illegal drugs into the US. There is no doubt that the drug cartels are wealthy and vicious criminals. Apparently they have taken over major towns and provinces in Mexico and have assassinated local officials and anyone else trying to curb their “trade.” Is there any alternative to...
Read More »
Read More »
Even the Inventor of GDP Statistics Knew Government Spending Was Dubious
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...
Read More »
Read More »
Free Trade with All Nations
Richard Cobden (1804-1865) was a British member of Parliament who championed free trade, the repeal of the Corn Laws, and a laissez-faire economy.[A speech delivered in Manchester, England, January 15, 1846]I shall begin the few remarks which I have to offer to this meeting by proposing, contrary to my usual custom, a resolution; and it is, “That the merchants, manufacturers, and other members of the National Anti-Corn-Law League claim no...
Read More »
Read More »
The Saint-Simonians in Our Midst: Ben Bernanke and the GFC
Henri de Saint-Simon (1760-1825), a French intellectual, was one of the founding fathers of socialism. Saint-Simon wanted to forge a “scientific understanding of society” which he would use to eliminate poverty and inequality by centrally planning the economy through the Parisian Banking Houses.In this article, I argue that Ben Bernanke—along with his other two musketeers, Hank Paulson and Timothy Geithner—are Saint-Simonians par excellence,...
Read More »
Read More »
Free Trade in the Twenty-First Century
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...
Read More »
Read More »
Skin Tone Products, Markets, and “White Privilege”
The first time I read about “white privilege” in college was on a Blackboard assigned readings list. This was not a class I attended, but had access to in order to provide some help to the professor. As it turned out, I had read the original paper on this topic: Peggy McIntosh’s “White Privilege and Male Privilege: A Personal Account of Coming to See Correspondences Through Work in Women’s Studies” (1988).While many critiques could be made—and have...
Read More »
Read More »
Foreign Aid, Reparations, And Economic Growth
Developing countries in Africa and the Caribbean continue to press the United Kingdom for reparations, believing that financial compensation will rejuvenate their economies. However, history has demonstrated that large inflows of money from rich nations have failed to spur sustained economic growth. Africa alone has received over $1 trillion in aid, yet economic performance across the continent remains disappointing. Similarly, Commonwealth nations...
Read More »
Read More »
The Struggle for Liberty
[The Struggle for Liberty: A Libertarian History of Political Thought by Ralph Raico. Edited by Ryan McMaken. Ludwig von Mises Institute, 2025; 287 pp.]Ralph Raico was the foremost historian of classical liberalism and one of Murray Rothbard’s closest followers. In 2004, he gave a series of ten lectures at the Ludwig von Mises Institute that were very well received, but the lectures were never printed. We have Ryan McMaken to thank for making them...
Read More »
Read More »
Economic Illiteracy Handicaps Britain’s New Right Wing Party
While much has been written about the “vibe shift” in America since Trump’s reelection, an almost equal feeling of change has recently been felt in British politics. Following the Conservatives’ landslide defeat in July 2024, the incoming Labour government’s popularity collapsed almost as soon as they took office.This general discontent with the major parties, combined with an increasing focus on immigration, seems tailor-made to benefit Reform...
Read More »
Read More »
Herbert Hoover, Enemy of Free Markets
American History is the source of many enduring myths. George Washington didn’t chop down the cherry tree, Abraham Lincoln did not free the slaves (or even end slavery in this country), and Jim Crow was not the natural heir to post-war policies in the South in the 1860s and 70s. But myths persist, not because of any truths inherent in them, but because certain people find it advantageous to promote them. And perhaps there is no greater myth being...
Read More »
Read More »
What Made Europe Different
[Editor’s note: In this selection from The Struggle for Liberty: A Libertarian History of Political Thought, Ralph Raico introduces the idea that western Europe was unique in how it approached the power of civil government and sought to limit it. As we will find later in this chapter, Raico sets the origins of the West’s embrace of freedom in the Middle Ages a period characterized by political decentralization and a salutary conflict between civil...
Read More »
Read More »
4 Lessons We Learned from the Covid Panic of 2020
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...
Read More »
Read More »
Karl Marx’s Missing Link: Erasing the Line Between Mercantilism and Capitalism
In Das Kapital, Karl Marx outlined a historical progression of socioeconomic systems: tribal communism, slave societies, feudalism, capitalism, socialism, and communism. However, one notable omission from this framework is mercantilism. Why was it left out? While mercantilism and capitalism overlap, they are distinct systems with different economic policies, modes of production, and underlying principles. By omitting mercantilism, Marx could...
Read More »
Read More »
Libertarian Literary and Media Criticism
[Editor’s Note: This following article is an adaptation of the introduction to Libertarian Literary and Media Criticism: Essays in Memory of Paul A. Cantor, Edited by Jo Ann Cavallo (London: Palgrave Macmillan, 2025. Paul Cantor was (1945-2022) was a student of Ludwig von Mises and an important contributor to mises.org on topics of the intersection between markets and culture.]This collection of essays by experts in diverse fields applies...
Read More »
Read More »
On Swiss National Bank
-
SNB Sight Deposits: increased by 5.2 billion francs compared to the previous week
-
SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
-
2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
-
SNB Brings Back Zero Percent Interest Rates
-
Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
Main SNB Background Info
Featured and recent
-
100K EUR bald nichts mehr wert? -
‘Money laundering’ Swiss MBaer bank shut down -
Swiss anti-GMO initiative handed in at Bern -
Massachusetts 1690: The First Western Fiat Experiment
-
How Ray Dalio Learned to Invest -
Was passiert mit 10.000€, wenn du sie liegen lässt? -
Swiss president calls for European economic cooperation -
What Is the State of the Union?
-
ACHTUNG: Casting-Skandal bei SWR Wahlarena! -
Insurer Swiss Re posts significantly higher profits