Category Archive: 6b.) Mises.org

Governments Could Stop Inflating If They Wanted. But They Won’t.

Price inflation is no coincidence. It is a policy. Governments, along with their so-called experts, attempt to persuade you that price inflation stems from anything other than the consistent, albeit slower, rise in aggregate prices year after year. Issuing more currency than the private sector demands, thus eroding its purchasing power and creating a constant annual transfer of wealth from real wages and deposit savings to the government.Oil prices...

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Butler, Butt Out!

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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Fiat Money is the Greatest Danger Our Economy Faces

In nature everything has a cycle. Birth, growth, maturation, death. Everything, including the planets and stars. Nothing stays the same. So why does our government believe they can master economic cycles and not experience ups and downs the way nature does? Throughout history, economies haven’t worked that way.For years, to enhance trade, countries tied their currencies to commodities that were scarce, valuable and had steady prices. Often, gold,...

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Thanks to Government Animal Control, Stray Animals Rule My Neighborhood

In my neighborhood, we have an animal control problem.When I go for a walk, I carry dog mace (a nonlethal alternative to my usual revolver) because there are always, always, loose dogs out. I’ve been followed around by barking dogs many times, and they’re not always on the same streets, which means it’s hard to avoid them. One of my neighbors’ guests was bitten by a loose collie. I narrowly avoided having to break up a dog fight when an aggressive...

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Why the GOP Betrayed Its Own Voters on Ukraine

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 the Campus Protesters and Their Critics Get Right and Wrong

As the academic year draws to a close, protests have broken out on college campuses across the country. Students are protesting Israel’s actions in Gaza. Generally, they are calling for the United States government to stop arming and funding the war and, in the meantime, for their universities to divest from Israeli businesses.The current spate of protests can be drawn back to April 17, when the president of Columbia University was brought before...

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Tin Soldiers and Nixon Coming…

A version of this article first appeared as an exclusive update to RPI subscribers. Subscribe for free here.Student action on university campuses against US involvement in Israel’s slaughter of Gaza has exploded across the country. Suddenly there is the distinct feel in the air of the anti-Vietnam war protests once they finally caught on in 1968 and soon thereafter changed the course of US history.Both protest movements were fully demonized by the...

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Anarchy, State and Utopia: Robustly against Redistributive Taxation for 50 Years

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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Is Libertarianism Just Another Form of Critical Theory?

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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We Need to Do with the State What We Have Done to Slavery

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 UK Is Reverting to Railway Socialism

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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Wokism, Marxism and the Failures of Academic “Liberalism”

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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Can There Be Justice Outside of the State? Yes

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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Creating Wealth: The Cantillon or the Smith Way

For those who have any exposure to the subject, Adam Smith is the father of modern economics. Few have heard of Richard Cantillon. Both wrote on the subject of wealth creation, Cantillon in Essay on the Nature of Trade in General and Smith in The Wealth of Nations. Of the two, Cantillon, who preceded Smith, may have had a firmer grasp on the dynamics of wealth creation. Cantillon is considered the father of entrepreneurship, whereas Adam Smith...

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Defending Individual Liberty

The ideal of individual liberty is perennially under attack not only from socialists, as one might logically expect, but also from conservatives who regard individualism as a form of selfishness. The ordinary meaning of selfishness is “caring only about what you want or need without any thought for the needs or wishes of other people,” and many conservatives see this as a major contributing factor in social decline. The conservative British...

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The Great Chocolate Crisis of 2024

You probably haven’t even noticed the Great Chocolate Crisis of 2024, but it is real and some of us are very concerned! The wholesale price of cocoa, which comes from the cocoa bean, is the main ingredient in chocolate and has skyrocketed in price!When the Spanish Conquistadors came across cocoa 500 years ago it was use by the Aztecs of Mexico in a drink combined with hot peppers—Talk about “hot coco!” It was called "the food of the...

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How EU Law Has Made the Internet Less Free for Everyone Else

If you have been using the internet for longer than a couple of years, you might have noticed that it used to be much “freer.” What freer means in this context is that there was less censorship and less stringent rules regarding copyright violations on social media websites such as YouTube and Facebook (and consequently a wider array of content), search engines used to often show results from smaller websites, there were less “fact-checkers,” and...

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Attention mises.org Readers! Treat the Students in Your Life to The Best Week of Their Year

The thirty-eighth annual Mises University, where I have lectured for more than thirty of those years, will be held from July 28th to August 3rd at the Mises Institute in Auburn, Alabama. Year after year, student attendees from all over the world tell us that it was the best week of their school year; that they learned more about the economic world in that week than in four years of college; that they would love to come back next summer; and that...

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Campus Kids Could Deliver Gaza

American foreign policy is a museum of horrors in which Gaza 2023/2024 is the main exhibit.It is my conviction that Gaza is much more than just one more American foreign-policy failure, an event and topic to swill around like mouth wash, spit out and move on, once the usual “tsk, tsk” bromides have been disgorged.Uncle Sam’s usual deathly mixture of ignorance, cruelty and superiority has been exceeded with respect to Gaza. It is my belief that the...

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Mises in Argentina: Lessons of the Past for Today

Ludwig von Mises visited Argentina in June 1959 by invitation of Dr. Alberto Benegas Lynch. The lectures Mises delivered at the University of Buenos Aires are reproduced in the book Economic Policy: Thoughts for Today and Tomorrow. As the title suggests, the economic knowledge transmitted by Mises was for both those days and for the future. Argentina in 1959 was in a recession, the Frondizi administration trying to cope with the terrible situation...

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