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The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.
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On the latest episode of Minor Issues, Mark Thornton shares an in-depth interview with Jeremy McKeown of In the Company of Mavericks on the long rivalry between Austrian and Keynesian economics, and why Austrian ideas may be gaining new traction today. They trace how Austrian economics moved from a small academic outpost to a wider public audience, touching on the Mises Institute’s role, the influence of figures like Roger Garrison and Ron Paul, and the ways online media and “alternative finance” have helped spread Austrian perspectives.
We’re entering the final week to enter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026
Join us for the Mises Institute’s first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: “Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City.” Register today at https://mises.org/okc
Order a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler
Be sure to follow Minor Issues at https://Mises.org/MinorIssues
Ryan McMaken and historian Larsen Plyler talk about how the Americans of the 1770s envisioned a new community of independent and sovereign states. The first constitution made this clear. But then the new counterrevolutionaries like Hamilton wrote a new constitution designed to create one big national state with vast new powers.
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug
PROMO CODE: RothPod for 20% off
On this episode of Power and Market, Ryan, Connor, and Tho look at the headlines coming out of Davos, including Mark Carney’s speech calling out the lie of a “rules-based international order,” the European reaction to Trump’s plans for Greenland, and the political fallout on both sides of the Atlantic.
Don’t forget, the Mises Institute’s first event is coming up on February 21st in Oklahoma City. Join us for a look at "Entrepreneurship Beyond Politics": https://mises.org/events/entrepreneurship-beyond-politics-mises-circle-oklahoma-city
Are you a grad student interested in Austrian economics? Consider the Mises Institute Summer Fellowship program this summer. https://mises.org/events/research-fellowship-residence-2026
For all of the demands for reparations for blacks, the schemes so far have been unworkable and would not address the real wealth gaps between black and white Americans.
Original article: https://mises.org/mises-wire/reparations-are-welfare-scheme-and-would-have-no-effect-racial-wealth-gaps
Murray Rothbard recounts how during the French and Indian War (1754–63), Americans continued the great tradition of trading with the enemy.
Original article: https://mises.org/mises-daily/trading-enemy-american-tradition
In the so-called world of strategic alliances, things often are not what they seem to be. It is that way with the Islamic State or ISIS, which supposedly is a deadly enemy of Israel. However, Israel has a symbiotic relationship with Jihadist groups that we cannot ignore.
Original article: https://mises.org/mises-wire/israel-and-its-relationship-islamic-state
Even hawkish foreign policy scholars admit that changing the US security setup in Greenland is unnecessary. Its supply of raw materials is also nothing special. There isn’t even a ton of money to be made for crony companies. This is purely about Trump’s ego, and it will cost taxpayers a lot.
Read the article here: https://mises.org/mises-wire/greenland-trumps-folly
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB
Kitco News anchor Jeremy Szafron sits down with Dr. Mark Thornton to break down why central banks are fleeing Treasuries for physical gold and what the “Skyscraper Curse” signals for a 2026 crash.
They discuss the massive 150-ton gold purchase by Poland, a strategic move by a NATO ally that signals a loss of trust in the debt-based system. Mark also exposes a critical, under-reported crisis in the silver market: supply is “inelastic” and “wasted” on war and solar panels, meaning the market cannot physically respond to price spikes. With Japanese bond yields spiking and the Jeddah Tower restarting construction, the signals for a major economic pivot are flashing red.
The original interview is available at https://www.youtube.com/watch?v=FaDxW9GjInc
Although some scholars have labeled the early Ming Dynasty as a proto-liberal state, they are mistaken. The Ming governance at that time was weak, not limited by law and ideology.
Original article: https://mises.org/mises-wire/weak-states-not-limited-states-early-ming-governance-and-illusion-proto-liberalism
The original 13 British colonies that made up the early United States had very different populations with decidedly different political and social outlooks.
Original article: https://mises.org/mises-wire/british-north-american-colonies-were-not-homogeneous-political-units
Mark Thornton revisits the Skyscraper Curse—the eerie pattern linking record-height towers to major busts—and argues the next signal is flashing for 2026. Saudi Arabia’s Jeddah Tower has restarted and is reportedly adding floors fast, poised to surpass the world record. Mark explains why skyscraper records tend to coincide with late-cycle excess, and how to read the next 12–24 months without superstition.
The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: https://mises.org/curse
Anatomy of the Crash, edited by Tho Bishop: https://mises.org/crash
Join us for the Mises Institute’s first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: “Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City.” Register today at https://mises.org/okc
Order a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler
Enter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026
Be sure to follow Minor Issues at https://Mises.org/MinorIssues
On this episode of Power and Market, Ryan, Connor, and Tho discuss the reported probe into Fed Chair Jerome Powell. Is this actual accountability for malfeasance, or a petty battle of DC egos? At the end of the day, does the difference matter? And should Powell be encouraged that central banks around the world are standing in solidarity with him? The panel dives into these questions and more.
Join us for the Mises Institute's first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: "Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City." Register today at https://mises.org/okc
When it comes to the great political economist John C. Calhoun, most people love him or hate him. In this episode, economic historian Patrick Newman joins us to take a more balanced look at Calhoun, his origins as a War Hawk and nationalist, and why he was never a true Jeffersonian.
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug
PROMO CODE: RothPod for 20% off
If NATO members aren’t even safe from other NATO members then what value is the alliance? There is one good thing that could come out of a Greenland war: it would probably destroy NATO.
Be sure to follow the Loot and Lobby podcast at Mises.org/LL
Trump says he wants to spend half a trillion more dollars on military spending, even as federal spending persists at Biden-Era levels and interest on the debt climbs ever upward.
Original article: https://mises.org/mises-wire/trump-wants-500-billion-more-pentagon-deficits-mount
Central bankers are not afraid Trump will “politicize” the Fed and turn it into a crony arm of the government that warps the economy to benefit those close to power. They’re afraid his blind inflationism and lack of subtlety will make it impossible to hide the fact that it already is.
Read the article here: https://mises.org/mises-wire/central-banking-establishment-genuinely-worried-about-trump-not-reasons-they-say
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB
People who lost their homes last year in the LA wildfires are finding government roadblocks to rebuilding, due to systems put in place by progressives. And nothing will change.
Original article: https://mises.org/mises-wire/bait-and-switch-victims-la-wildfires-find-local-government-wants-them-gone
This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed’s many powers to inflate, exploit, and help fund an ever expanding federal government.
Original article: https://mises.org/mises-wire/trumps-justice-dept-launches-criminal-probe-against-feds-powell
The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed’s “independence.” In truth, the Fed has always done the administration’s dirty work and pursued inflation when it might temporarily boost the economy.
Original article: https://mises.org/mises-wire/powell-should-be-great-american-villain-dc-will-make-him-hero
“America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and against militarism and executive power.”
Original article: https://mises.org/mises-wire/american-revolution-and-classical-liberalism
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this is one of the dumbest arguments I've ever heard in my life. you don't pay people for some sort of jumbling together of words that just happens to be interesting. you pay an offer for his work, for his time and labor. it takes me 10 years to write a book do all the research for the book and then you come along and publish it and don't give me any money and then say it's just a bunch of words in a certain order you don't own that you're not being honest. you're stealing my time in labor.
insightful
love mises what a treasure
Josiah Schmidt clearly doesn't realise that "M." is short for "Monsieur".
too long winded
Keep up the good work, Mises Institute.