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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.


Mises Scholar Explains Possible Outcomes Of The Paper Money Experiment

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. […]

Mises Daily: The State Causes The Poverty It Later Claims To Solve

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 […]

Mises Fellow Explains The United States’ Senseless Prohibition Of Hemp

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 […]

General Electric’s Crony Capitalism

General Electric’s Crony Capitalism

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.

Mises Official Explains The Hidden Role Of The IRS In Obamacare

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.

Mises: Social Security Is The Most Successful Ponzi Scheme in History

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 […]

The FDA Makes Ancient Remedies Unaffordable

This article, written by senior resident fellow at the Ludwig von Mises Institute Mark Thornton, was originally published by Mises on Oct. 24. I recently experienced severe pain in my feet, particularly in the big toes. In my imagination it felt like my feet had been run over by a truck and that several of […]

Mises: Why Are Jurors Expected To Work For Below-Market Wages?

This post, written by Pepperdine University professor of economics Gary Galles, was originally published by the Ludwig von Mises Institute on Oct. 18. Jury duty garners complaints from those who have been drafted into service, but it seldom gets media attention. Other than when there is a celebrity involved (e.g., when Oprah Winfrey was chosen […]

Mises: Gun Prohibition Means More Demand for Guns

This article, written by University of Louisville associate professor of economics Audrey D. Kline, Ph.D., was originally printed by the Ludwig von Mises Institute on Oct. 8. Much has been written about the economics of gun control, including Kjar and Robinson’s 2009 article that noted the lack of basic economic application to the issue, and […]

Andrew Napolitano Explains The Supreme Court’s Worst Decisions

The following post originally appeared on the Ludwig von Mises Institute’s website. It is based on a conversation the Institute had with Judge Andrew Napolitano about the Constitution and the American political system. Mises Institute: Why is understanding constitutional law and its history important? The text of the document is pretty short, so can’t we […]

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