Category Archive: 6b.) Mises.org

Victory Is Our Goal

[This article is adapted from Murray Rothbard’s 1977 keynote address to the Libertarian Party.]I used to think that adopting the victory of liberty as the overriding goal must be almost self-evident to all libertarians — until I began to find those who turned pale and fled when the word “victory” was mentioned. For there are all too many libertarians who apparently believe that the point of the whole enterprise is not triumph in the real world, but...

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The Economics of Prepping

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...

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The Myth of the Entrepreneurial State

Renowned economist Mariana Mazzucato has garnered widespread acclaim for her work on the concept of the “entrepreneurial state,” where she argues that the state plays a critical role in driving innovation. Her essays and books emphasize the state’s capacity to spearhead groundbreaking advancements. However, while Mazzucato is skilled at extolling the virtues of government-led initiatives, her argument overlooks a crucial flaw—the state’s...

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The State’s War Against Hate

In Against the State, Lew Rockwell explains how the constant expansion of state power is often justified as a necessary means of achieving the dreams and visions of voters. In its relentless pursuit of power, the state has a strong incentive to focus on the problems that are likely to resonate most deeply with voters and, hence, most likely to persuade them to vest increasing control of their lives in the state. Statists embrace “the moral high...

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Supporters Summit 2025

Save the date! Join the Mises Institute for Supporters Summit 2025 in Delray Beach, Florida, October 16-18, 2025. We’ll meet at the Opal Grand Resort, 10 N Ocean Blvd, Delray Beach.Speakers, agenda and details forthcoming. Publicity Waiver: Registering for this event gives the Mises Institute permission to take photos, record videos, and receive statements of and from attendees for promotional purposes. By this authorization, attendees...

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Who Killed Liberalism? Remembering the Walter Lippmann-Mises Colloquium

August 26, 1938: Austria was under Nazi rule, and Czechoslovakia was feared to be next. The world was on the brink of a new war. In Paris, a room full of famed economists met to discuss the future of liberalism, the ideology that had shaped the West for the previous hundred years. Held in Europe and attended mostly by Europeans, it was at the behest of an American journalist.Walter Lippman was a co-founder of the New Republic magazine and widely...

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How the Bankers Outfoxed the Politicians

Since the job that was actually assigned to [the Fed] by Congressman Carter Glass back in 1913 is now vestigial and long gone, and the financial system has been flooded with massive liquidity for decades on end, it might well be time to declare victory and let the free market take care of jobs, growth, inflation and prosperity. — David StockmanLet’s take a closer look at the job Congressman Carter Glass assigned to the government’s new central...

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Whose Property Is It?

Classical liberals like Friedrich Hayek and Richard Epstein have often claimed that the rule of law imposes strong constraints on the state’s regulation of private property. If they are right, this would be a highly effective argument against such regulation, as the rule of law is an ideal commanding wide respect, by no means confined to those of classical-liberal or libertarian inclinations.Governments that arbitrarily deny legal process to groups...

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Philipp Bagus on the Flaws in the “Real Bills” Doctrine

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...

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Past Tense—The Homeless Problem in Star Trek DS9

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...

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Does Technical Knowledge by Itself Drive Economic Growth?

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...

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What Does ChatGPT Know about Money?

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...

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The Battle of the Confederate Monuments

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...

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Enough Already: Stop Provoking Russia

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...

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The Manifestation of Economic Laws Across Societies and Epochs

Economic laws, often regarded as objective principles governing the allocation of resources, have shaped human societies in various ways throughout history. These laws—including the dynamics of supply and demand, the role of private property, and the mechanisms of commodity exchange—are universal and operate across all epochs and societies. However, their manifestation varies significantly depending on the societal structure and historical...

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Covid Tyrants Partied While Demanding Lockdowns for Everyone Else

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...

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Henri Bergson: The Philosopher of Life and Creative Evolution

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...

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Socialist Man in the Big Easy

Marxists long theorized that communism would bring about the new socialist man. Through communist programs, man would turn his sole purpose to laboring and struggling for the greater good of the collective.Through socialist policies and redistribution, New Orleans has raised from its ruin a new socialist man. However, instead of working for the collective, this risen New Orleans man does not work at all. He does not live for the collective but...

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Why it’s Not Enough to Hate the State

This article is adapted from a lecture delivered at the Albuquerque Mises Circle in New Mexico, September 14, 2024. Listen to an audio version, here. Throughout its history, liberalism—the ideology today called “classical liberalism” or “libertarianism”—has suffered from the impression that it is primarily against things. This is not entirely wrong. Historically, liberalism coalesced as a recognizable ideology in opposition largely to mercantilism...

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The Big Con: No Matter the Form, Easy Money Is Still a Fraud

P.T. Barnum purportedly proclaimed that “There’s a sucker born every minute”, though there is no proof that he actually said it. Whether true in Barnum’s time or in today’s social-media era, however, the phrase describes those gullible enough to believe anything, even when their better judgment (if they possess any of that) tells them otherwise.Now comes a story about TikTok, where 40 percent of young adults get their news these days. Recent news...

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