The Ludwig von Mises Institute Archive
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.
This essay, written by Patrick Barron, was originally published by the Ludwig von Mises Institute on Jan. 13. Hyperinflation leads to the complete breakdown in the demand for a currency, which means simply that no one wishes to hold it. Everyone wants to get rid of that kind of money as fast as possible. Prices, […]
Desomorphine, a grotesque new drug known on the street as krokodil, has been making news for its increasing popularity as a cheap substitute for heroin, albeit with a devastating range of ill effects of its own.
This article, written by research analyst Jordan Bruneau, was originally published by the Ludwig von Mises Institute on Dec. 26. Even left liberals are coming to realize that Obamacare is fatally flawed. Perhaps this is because fewer people will be insured at the end of the year, under Obamacare, than at the beginning of the […]
The Democratic Party gained prominence in the first half of the 19th century as being the party that opposed the Second Bank of the United States. In the process, it tapped into an anti-state sentiment that proved so strong that we wouldn’t see another like it until the next century.
This article, written by Ludwig von Mises Institute associate scholar and associate professor at Universidad Rey Juan Carlos Philipp Bagus, was originally published by the Institute on Dec. 13. A paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the money supply is almost irresistible. […]
This article, written by the Ludwig von Mises Institute’s Germany executive director Andreas Marquart, was originally published on the Institute’s website on Dec. 7. If one looks at the current paper money system and its negative social and social-political effects, the question must arise: where are the protests by the supporters and protectors of social […]
This article, written by Ludwig von Mises Institute senior resident fellow Mark Thornton, originally appeared on the Mises Institute’s website. Hemp is a plant from the cannabis family that is often closely associated with marijuana. Marijuana or Cannabis indica and Cannabis sativa can contain high concentrations of tetrahydrocannabinol (THC) which is a psychoactive component of […]
During the presidential campaign of 2012, an online commentator observed that President Obama had not met with his Jobs Council for six months. How could this be, the commentator asked, when jobs were foremost on the president’s agenda? The answer was not hard to discover.
Economics Professor Joseph Salerno explains that the highly publicized glitches and failures associated with the launch of the Affordable Health Care Act have obscured the central role of the IRS in carrying out the law’s mandate.
This article, written by Pepperdine University economics professor Gary Galles, was originally published by Mises on Nov. 22. “We paid our Social Security and Medicare taxes; we earned our benefits.” It is that belief among senior citizens that President Obama was pandering to when, in his second inaugural address, he claimed that those programs “strengthen […]