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Remembering Roger W. Garrison, Who Led the Way

Mises Institute ·

2026/04/07

Garrison developed over the course of his career what has come to be called capital-based macroeconomics, a full-blown Austrian alternative to mainstream macroeconomics that he laid out in his great work, Time and Money: The Macroeconomics of the Capital Structure.

From the Editor—March/April 2026

Mises Institute ·

2026/04/07

In this issue of The Misesian, Patrick Newman explores the many ways that Rothbard remains relevant to current economic and political controversies. And other articles, all of which are in the Rothbardian tradition of advancing the scholarship of freedom and sound economics.

Natural Entrepreneurship

Mises Institute ·

2026/04/07

Conflict over the natural world often originates in people’s different conceptions of how the natural world can and should be used. Entrepreneurship in a free market helps settle these conflicts peacefully, without one group using the power of the state to force its preferences on others.

The Misesian, vol. 3, no. 2, 2026

Mises Institute ·

2026/04/07

Why Rothbard Is as Relevant as Ever

Mises Institute ·

2026/04/07

Murray Rothbard is one of the all-time greats in Austrian economics and libertarianism. When studying his achievements, we immediately see that Rothbard is a giant whose shoulders free-market scholars should aspire to stand on.

How to Change the World: Entrepreneurship versus...

Mises Institute ·

2026/04/07

Entrepreneurship is a voluntary undertaking that causes change by providing value. No force, no threats, and no coercion are involved. It is market action fully in line with our libertarian ideals. And it provides alternatives, and produces variety.

Is Donald Trump Another Bismarck?

Mises Institute ·

2026/04/07

The US finds itself once again in an undeclared overseas war. Republicans in Congress, however, are unwilling to hold Trump to the Constitution.

Worse than John McCain?

Mises Institute ·

2026/04/07

The Irresistible Promise of John Law

Mises Institute ·

2026/04/07

Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.

War, Peace, and the State

Mises Institute ·

2026/04/07

"It is legitimate to use violence against criminals in defense of one's rights of person and property; it is completely impermissible to violate the rights of other innocent people."

The Irresistible Promise of John Law

Mises Institute ·

2026/04/07

Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.

A brief history of the Israeli nuclear program, the...

Mises Institute ·

2026/04/07

Israel’s nuclear weapons program, estimated at over 90 warheads, was secretly developed with financial and diplomatic support from the West.

Immigration As a Right?

Mises Institute ·

2026/04/07

Claiming immigration as a right conflicts with the property rights of others.

The Elusive Giffen Good, Once Again

Mises Institute ·

2026/04/06

Can silver be called a Giffen Good? Probably not, although that fact doesn’t discourage some from looking for the equivalent of a unicorn in economic thinking.

Entrepreneurship as Agreement Under Uncertainty

Mises Institute ·

2026/04/06

Under Knightian uncertainty, how do entrepreneurs persuade others to join their projects?

Price Inflation and the Price of Oil

Mises Institute ·

2026/04/06

Are rising oil prices responsible for inflation? While some economists and many in the media make that connection, the reality is much different. Inflation occurs because of expansion of the money supply.

Trump begs for ceasefire. Iran rejects it.

Mises Institute ·

2026/04/06

The country that is losing generally does not reject ceasefire proposals. Meanwhile, Iran demands an end to the Israeli war on civilians in Lebanon, etc.

Trump’s Iran War: Worse Than Expected, But Better...

Mises Institute ·

2026/04/06

"Americans now know that the US government lives for war, is owned by Israel, and is completely beholden to and integrated with the military industrial complex..."

When Corporations Resist the State: Ethics, AI, and...

Mises Institute ·

2026/04/06

What happens when a corporation resists a government edict because company leaders believe the policy to be morally wrong? The ordeal of Anthropic is a current case in point.

Thanks to Trump, rising fuel prices endanger Milei...

Mises Institute ·

2026/04/06

Rising prices, triggered by Trump's Iran War (which Milei supports) endanger the political future of Milei in Argentina, as it does with other rightwing regimes in South America.

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