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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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1The US regime is gearing up for another war. Get ready for another regime-change disaster like we got in Afghanistan, Libya, and Syria.
Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL
This week Ryan and Zachary Yost take a look at international relations scholar John Mearsheimer’s claim that Europe faces a bleak future as the United States pivots away from NATO. Can Europe thrive without American taxpayers’ money?
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
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The Mexican-War resulted in more territory for the new American empire, but the US government started it under false pretenses. A young US soldier who fought—Ulysses Grant—knew better, exposing the lies from Washington.
Original article: https://mises.org/mises-wire/unjustified-conflict-grants-memoirs-mexican-american-war
The Lane Kiffin saga has dominated sports headlines this past week, highlighting the sea changes that have come over college sports—an especially college football—in the past decade. Much of this change is being driven by the easy money regime of the Federal Reserve.
Original article: https://mises.org/mises-wire/lane-train-and-rest-college-football-madness-has-been-fueled-easy-money
In a special midweek episode of the Minor Issues podcast, Mark Thornton appears on Palisades Gold Radio with Stijn Schmitz. Mark argues that gold’s surge isn’t a fad: it’s a market verdict on runaway deficits, central-bank credibility, and fiat money itself. He also explains why manipulated rates breed booms, busts, and inequality, while sound money and decentralization restore real signals.
The original episode (”Dr. Mark Thornton: Early Innings for Gold, Silver Manipulation, Black Swans & Failing Markets”) is available at https://www.youtube.com/watch?v=c2FUnca1q3c
Be sure to follow Minor Issues at https://Mises.org/MinorIssues
New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.
Original article: https://mises.org/mises-wire/zohran-mamdanis-socialism-flunks-basic-economics
Mark Thornton dissects “contagion” hype and argues it’s not a market pathology. He shows why, in a free market, failures reallocate customers, labor, and capital to better firms rather than spread panic. Contagion appears only when government links balance sheets and distorts prices. Mark traces how credit booms set up bust,s and why even the Fed now sits upside-down, while homeowners are “rate-locked” and supply is frozen. The takeaway: politicians and central bankers invoke contagion to demand more power and money—yet their interventions cause the very fragility they decry.
See also “Fight Inflation Now” (Minor Issues, episode 72): Mises.org/MI_72
Be sure to follow Minor Issues at https://Mises.org/MinorIssues
For 150 years, Thanksgiving has been primarily an apolitical holiday that's really about family fun and eating a huge meal.
Original article: https://mises.org/mises-wire/thanksgiving-celebration-domestic-life
The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise, however, they had something to be thankful for.
Original article: https://mises.org/mises-wire/thanksgiving-celebration-free-enterprise
50-year mortgages are likely to increase the likelihood of more "owners" becoming underwater and walking away from their mortgages. This will lead to more bailouts for the financial sector. Taxpayers will pay the price.
From the perspective of the state, the ideal society is one composed of single parents raising a small number of children in irreligious households.
Original article: https://mises.org/mises-wire/families-are-key-building-alternatives-state
In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.
Original article: https://mises.org/mises-wire/thanksgiving-celebrating-birth-american-free-enterprise
As the economy worsens, expect to see more articles from legacy media about how saving money is actually bad for the economy. It's an old Keynesian myth.
Be sure to follow the Loot and Lobby podcast at Mises.org/LL
Mark Thornton traces seven headline “problems” back to one engine: monetary inflation. Drawing on Austrian insights, Mark explains how new money distorts prices and wages; why cheap credit spawns debt booms, asset bubbles, and zombie firms; how deficit finance and central banking turn war into a budget line; and why rising prices erode family formation, savings, and civic trust. He connects the dots to today’s policy mix and sketches a bottom-up remedy: hard budget constraints, sound money, and decentralization that restores real price signals. Mark makes the case that inflation isn’t just “too many dollars”: it’s the hidden subsidy powering them all.
Be sure to follow Minor Issues at https://Mises.org/MinorIssues
Is minarchism an antidote for the growing statism and socialism infecting our body politic? Think of it as “statism lite.”
Original article: https://mises.org/mises-wire/minarchism-worst-kind-state-idolatry
Cheney was an architect of both Iraq wars, and he was a perennial supporter of the American surveillance state, torture, and more.
Original article: https://mises.org/mises-wire/why-i-wont-be-mourning-dick-cheney
The rent is too high. However, government interference into rental markets has been the main reason rents are so high in the first place.
Original article: https://mises.org/mises-wire/government-intervention-not-blackrock-blame-housing-crisis
Politicians in both parties are promising to address the affordability crisis. But neither is focusing on, or even discussing, the true causes. Here’s what they are and how to fix them.
Read the article here: https://mises.org/mises-wire/how-actually-solve-affordability-crisis
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB
We must realize that the two most powerful motivations in human history have always been ideology and economic interest, and that a joining of these two motivations can be downright irresistible.
Original article: https://mises.org/mises-daily/origins-welfare-state-america
The Road to De-Civilization: Inflation and the Moral Erosion of Society by Mises Institute
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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.