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 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, […]
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.
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 […]
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 […]
The bison experience shows us that not only are governments often responsible for putting many species in danger in the first place, but that their efforts at species preservation cannot match the success of private ownership.
This article by Christopher Westley originally appeared on the Ludwig von Mises Institute website on Friday, February 7. My clothes dryer went bust the day after Christmas, leading to one of the more common frustrations we face in the modern nation-state. You see, there was a time when one’s dryer broke, the owner faced two […]
This essay, written by John P. Cochran, was originally published by Mises Daily on Feb. 4. As Chairman Bernanke’s reign at the Fed comes to an end, the Wall Street Journal provides its assessment of “The Bernanke Legacy.” Overall the Journal does a reasonable job on both Greenspan and Bernanke, especially compared to the “effusive […]
This essay, written by Per L. Bylund, was originally published on Mises Daily on Jan. 29. While contemporary mythology has it otherwise, the market is not a distinct phenomenon: it is what exists when people interact and otherwise voluntarily transact with each other. The broad definition of the market is simply what people (choose to) […]
The following is a selection from a speech by Mises Institute President Jeff Deist at the Southwest Regional Mises Circle in Houston, “The Police State: Know It When You See It,” on January 18, 2014. Today when we use the term peace officer, it sounds antiquated and outdated. I’m sure most people in the room […]
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, […]