The purpose of this course is to illustrate how Austrian monetary economics is used to analyze historical and current events and policies. The course will also cover controversies between Austrian and mainstream monetary theorists in interpreting the causes, consequences, and remedies for important episodes of monetary disorder. Topics will
Upon arriving in Shanghai recently, the author was immediately struck by two inescapable observations: the massive sprawl of real-estate construction and the rotten, ubiquitous smog. While Chinese growth has been bolstered by other factors, both of these phenomena are results of the Chinese state’s socialist intervention in environmental law. The
Mises’s workplace at the Chamber of Commerce (on the Stubenring 5-12). This is also where the Austrian Institute of Business Cycle Research was located, and where the sessions of Mises’ private seminar took place. Look for the commemorative plaque placed by the Mises Institute in 1988. Mises’s residence from 1904-1934: Wollzeile 24, 3rd floor.
The fascinating history of this great body of thought, through all its ebbs and flows, is the story of how great minds can advance science and oppose evil with creativity and courage. Now the Austrian School enters a new millennium as the intellectual standard bearer for the free society. That it does so is thanks to the heroic and brilliant minds
2014’s Mises University concluded last Saturday evening following a full week of seminars, lectures, and many opportunities to work with Mises faculty and fellow students to discuss, learn, and plan for the future. Tom Woods kicked off the week with his Sunday-night talk “ The Role of Austrian Economics in the Liberty Movement ” in which he
Students began to arrive Sunday afternoon and by 5 pm, the Mises Institute was filled with students from around the nation, and around the world. Everyone had plenty to talk about. Dinner was served at 6 pm, and our faculty members were sure to sit with the students so our students could get to know them and ask them questions. At 7 pm, everyone
[This article is excerpted from Human Action : The Scholar’s Edition . An MP3 audio file of this article, read by Jeff Riggenbach, is available for download .] 1. Economics and Praxeology Economics is the youngest of all sciences. In the last two hundred years, it is true, many new sciences have emerged from the disciplines familiar to the ancient
Haydar Hussain, the third-generation owner of a butcher shop in Baghdad, isn’t much interested in politics. He doesn’t care whose statue appears in the public square. He didn’t like Saddam but doesn’t like his replacement either. He has his personal religious views, but will gladly sell to Sunni, Shiite, Christian, or Jew. In fact, his interests
In lieu of today’s Daily Article, permit us to tell you about a project that we think will do tremendous good in terms of disseminating the ideas of Mises and the free society. The cover of the book is the image you see on the right: The Quotable Mises , edited by Mark Thornton and published by the Mises Institute. It is 200 plus pages of some of
Do you remember when you discovered the great truths of economics? Maybe this moment came when reading Henry Hazlitt, or Ludwig von Mises, or F.A. Hayek, or Murray Rothbard. Maybe your intuition and experience led you to it. It hits you like an ocean wave, and changes your thinking forever. The daily news takes on new meaning. You gain new respect
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.