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The Ludwig von Mises Institute Archive

The Ludwig von Mises Institute

The Ludwig von Mises Institute was founded in 1982 as the research and educational center of classical liberalism, libertarian political theory, and the Austrian School of economics. It serves as the world's leading provider of educational materials, conferences, media, and literature in support of the tradition of thought represented by Ludwig von Mises and the school of thought he enlivened and carried forward during the 20th century, which has now blossomed into a massive international movement of students, professors, professionals, and people in all walks of life. It seeks a radical shift in the intellectual climate as the foundation for a renewal of the free and prosperous commonwealth. Email this author.

Economics Professor Explains Why Keynesian Economists Don’t Understand Inflation

The “monetary cranks” and “ignorant zealots” of old are back preaching salvation if only we had more inflation. Writing for the Ludwig von Mises Institute, economist Frank Hollenbeck explains why the Keynesian understanding of inflation is terribly flawed.

Mises Institute: A Closer Look At Income Inequality

Mises Institute: A Closer Look At Income Inequality

Economic inequality is the big thing these days. Barack Obama has called it the “defining challenge of our time.” But wealth inequality is not nearly as out of control as many liberal pundits say.

The Fed’s Hands Are Tied

The Fed has painted itself into a corner. There is no way that the nation can avoid either a recession or the collapse of the value of the dollar.

If I Must Sell, You Must Buy

This column by Jim Fedako originally appeared on the Ludwig von Mises Institute website on March 15, 2014. If I were a business owner, must I sell to you? If you answer yes, you must balance that requirement with your obligation to buy from me. All trade is bilateral. Well, to be more exact, and […]

Crony Capitalism And The Transcontinental Railroads

This article, written by Mises Daily editor Ryan W. McMaken, was originally published by Mises on March 10. When Barack Obama used the transcontinental railroads as an example of the wonderful things that can be accomplished with grandiose government programs, he was attacked for mistakenly referring to the railroads as “inter continental.” Notably, he was […]

Mises Institute: Labor Unions And Freedom Of Association

This article by Gary M. Galles originally appeared on the Ludwig von Mises Institute website on Tuesday, March 4.  Mandatory union membership and mandatory dues imposed on those who do not want to join are again at issue. On the heels of contentious “right to work” disputes in several states, the Supreme Court has recently heard […]

Mises: Galbraith Was Right About Advertising

This column by Mises scholar Robert Batemarco was first posted at the Ludwig von Mises Institute’s website on February 25, 2014. Now that I have your attention, rest assured that even when John Kenneth Galbraith got something right, he got it wrong. One of the signature ideas for which Galbraith is known is the Dependence Effect, […]

Mises Institute: Colorado’s New Cannabis Economy

Mises Institute: Colorado’s New Cannabis Economy

What would have happened if one or two States had somehow managed to legalize alcohol during Prohibition? With the recent legalization of recreational cannabis use in both Washington State and Colorado, we’re able to see a similar experiment in action.

Business Journalist Explains Democracy And Government Spending

This article by Gregory Bresiger originally appeared on the Ludwig von Mises Institute website on Feb. 18. Over the past 80 years or so, governments have been expected to provide more and more social services. That means bigger and bigger bills for the taxpayers of this generation and generations unborn. Since governments almost constantly run in […]

Edward Snowden, The NSA And The U.S. Courts

This essay, written by Ben O’Neill, was originally published by Mises Daily on Feb. 12. Many commentators following the National Security Agency scandals have been eagerly awaiting the recommendations of the U.S. government task force on the matter, and the proposed reforms to be implemented by President Barack Obama to bring the spy agency under […]


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