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Nineteenth Century Wisdom in the 21st Century:...

Mises Institute ·

2025/04/08

Frederic Bastiat is an often unsung hero of 19th-century economic thought. His lessons on freedom and trade are timeless and what he wrote nearly two centuries ago is still relevant today.

Both Consumers and Producers Pay for Tariffs along...

Mises Institute ·

2025/04/08

The only beneficiaries of the increase in tariffs are the government and a few companies that benefit from limited competition while everyone else is worse off.

How Keynes Got Say Wrong—and Why It Matters Today

Mises Institute ·

2025/04/07

In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that was a caricature of what Say actually wrote. It‘s time to set the record straight.

Summer 2025 Virtual Mises Book Club

Mises Institute ·

2025/04/07

In May 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.

Will Trump End the Fed or Put Himself in Charge of It?

Mises Institute ·

2025/04/07

President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed politics and exposes the messy truth that the Fed is not an independent group of experts but rather a tool of the political system.

Beware: The ECB Digital Currency Is Coming

Mises Institute ·

2025/04/05

Central bank digital currencies are surveillance disguised as money.

The Medieval Origins of the European Miracle

Mises Institute ·

2025/04/05

"The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state that was, in fact, crucial."

Training Young Economists

Mises Institute ·

2025/04/05

Part of bringing up young children is to tell them stories and accounts about people who did the right thing, and how they made life better for themselves and others. We can do the same with describing economic concepts, which don‘t have to be dry and boring.

Not Worth a Transcontinental: Railroading a Nation...

Mises Institute ·

2025/04/05

American history classes typically teach that the original transcontinental railroad was a major triumph. What they don‘t say is that it was a product of corporate welfare that created economic problems later on.

Menger vs. MMT on the Origins of Money

Mises Institute ·

2025/04/05

Jonathan Newman joins Bob to explore the archaeological evidence for silver as money in ancient Mesopotamia, challenging Modern Monetary Theory and affirming Menger’s classic account of money’s market origins.

The Silver Lining

Mises Institute ·

2025/04/05

Think silver prices are manipulated? There's more to the story. Mark Thornton explores the economic theory of "joint supply" and how it can create a "silver lining" even in a downturn.

Not Another Free Lunch

Mises Institute ·

2025/04/04

As GSEs before 2008, certain companies enjoy a hugely valuable but free government guarantee. They were never private companies, but an unhealthy mix of socialized government risk and private profit.

No, FDR Did Not Give People “Hope”

Mises Institute ·

2025/04/04

The most enduring economic myth of the twentieth century is the idea that FDR‘s New Deal pulled America out of the Great Depression. In truth, his policies destroyed the hopes of millions.

Dense Dogmatism: Jacob McNulty on Herbert Marcuse

Mises Institute ·

2025/04/04

Herbert Marcuse took pride in his dense, but incomplete writings on philosophy. Dr. Gordon examines Jacob McNulty‘s futile attempt to interpret the thinking of someone who supported Marxian socialism but never successfully explained it.

Trump Tariffs Crash the Markets

Mises Institute ·

2025/04/04

Liberation Day morphed into an Obliteration Day of everyone’s retirement account in a matter of minutes as Trump’s tariffs were announced.

President Trump’s Metal Tariffs Morass

Mises Institute ·

2025/04/04

President Trump issued separate presidential proclamations to increase tariffs to 25 percent on all US steel imports and raise tariffs from 10 to 25 percent on all aluminum imports. What are some of the unintended consequences?

Western Officials Continue to Push African Nations to...

Mises Institute ·

2025/04/04

Despite Africa being the world‘s poorest continent, western elites are still pushing African governments to divest of carbon-based fuels and turn to high-cost and ineffective “green” energy. This is a death sentence for many of Africa‘s poorest people.

The Economics and Ethics of Vouchers and Free Market...

Mises Institute ·

2025/04/04

How Lies from the Biden Administration Expanded the...

Mises Institute ·

2025/04/03

The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden administration regularly lied to American voters about the extent of the US military presence.

Our Debt, the Hapsburg Empire, and Economic Illiteracy

Mises Institute ·

2025/04/03

Americans like to believe that the US is a wealthy, indestructible country, but as government debt piles up and inflation ravages the economy, perhaps they need to start worrying. Our present path is unsustainable.

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