Mises Institute

8/13/2026

8/12/2026

As the birthrate falls in the US and other industrialized countries, we find that government intervention into the economy and family life is a big reason this is happening.

8/12/2026

In a recent interview with The Economist, Elon Musk boldly contended that “money won’t matter in 2036.” He doesn’t understand money’s role.

8/12/2026

Democrats learned the hard way that voters don’t like being told the economy is great when they’re struggling to afford everyday life. Now Republicans have chosen the same strategy.

8/12/2026

"Trying to defer America’s fiscal reckoning by monkeying with debt instruments is the trick used by broken hegemons through the ages. It is a Faustian pact."

8/12/2026

The ordinary people of Europe, so devastated by the shells of the First World War, would again be victimized by the new inflationary national currencies that would destroy savings and investment across the European middle class.

8/11/2026

By branding censorship as “safety,” surveillance as “protection,” and political conformity as “civic duty,” European states have constructed a system where dissent is pathologized and criminalized. The UK is following the same dystopian path.

8/11/2026

Mises Institute senior fellow Mark Thornton joins Capital Cosm to discuss what rising gold and silver prices, stubborn long-term interest rates, and growing pressure on the dollar may be signaling about the economy. Thornton explains how monetary inflation, government debt, and changing global demand for the dollar are reshaping financial markets—and why sound economic thinking matters in uncertain times.

8/11/2026

8/11/2026

Few Marxists admit to being Marxists. Instead, they are true believers in the creation of the utopian society—if only the rest of us will give them the power they deserve.

8/11/2026

Trump wants a huge 50% increase to the war budget for his endless wars in Ukraine and Iran.

8/10/2026

This fall, students from across the US are participating in Mises Book Clubs led by scholars at various universities and colleges. These student groups promote deep reading in Austrian economics.

8/10/2026

Mainstream economists believe that central banks can “control” inflation, which they believe actually boosts the economy. The only thing inflation boosts is more inflation.

8/10/2026

Economic, political, and academic elites have declared gold to be a “barbarous relic,” but in the end gold always is the best choice for money. More than a century of the Fed's paper-based inflation is all the proof we need.

8/10/2026

California’s proposed billionaire wealth tax is being sold to voters as a way to replenish the state’s tax coffers with billions of new dollars. What it actually will do is to end the vital capital investment that has driven California’s economy for decades.

8/8/2026

Mark Thornton explains how ideology can break the uniparty, why blocked realignment risks revolution, and why Austrian economics helps young Americans see through the crisis.

8/8/2026

For the past few years, we have seen claims that the BRICS countries were going to develop a gold-based trading currency and push the dollar from its reserve currency perch. However, none of the economies of these countries can operate with a currency as good as gold.

8/8/2026

When government becomes involved in finance, interest groups abound, each one seeking wealth transfers to the detriment of others. This has been the case since the founding of this country, and AI is just a new chapter.

8/7/2026

In this week's Friday Philosophy, Dr. David Gordon takes issue with the DEI movement in higher education, pointing to the utterly absurd case of Jason Arday, a professor of the sociology of education at Cambridge University, as DEI's poster child.

8/7/2026

Dinesh D’Souza—a self-proclaimed opponent of “revisionist history”—reinterprets the Declaration of Independence through anachronism and equivocation, reading modern concepts of nationhood and equality back into 1776.

8/7/2026

Dinesh D’Souza—a self-proclaimed opponent of “revisionist history”—reinterprets the Declaration of Independence through anachronism and equivocation, reading modern concepts of nationhood and equality back into 1776.

8/7/2026

Fauci is back in the limelight after the release of his diary before a Senate hearing last week. And that’s good, because the career of Anthony Fauci can teach us a lot about where power actually resides in America and how our system really works.

8/7/2026

A man told the police he feared being "swatted" by scammers. The cops ignored this and attacked the innocent man instead.

8/7/2026

Much of the discussion around American healthcare ignores the fact that most of the American healthcare system is already a government healthcare system.

8/7/2026

An article of faith with modern progressives is that all social problems can be solved with the growth and application of the administrative state. They have faith in the wrong thing.

8/6/2026

In spite of the GOP's feigned dismay over Morocco's weaponization of migrants against Spanish exclaves in North Africa, US policy supports Moroccan expansionism in the region.

8/6/2026

Mutual aid societies once were an important part of the US social landscape. Africans can benefit from the same movements—provided their governments get out of the way.

8/6/2026

Bob returns to the fractional reserve banking debate to clarify a point the critics keep missing: in the Mises-Hayek-Rothbard framework, it's fractional reserve banking itself that sets the boom-bust cycle in motion, not merely central banks.

8/6/2026

8/6/2026

On this episode of Power and Market, Ryan, Connor, and Tho discuss the social debate this week focused on Gen Z economic anxiety.

8/6/2026

By convincing Congress to permit the government to take equity positions in private firms, Donald Trump has completed the transition of the economy from free markets to political capitalism.

8/6/2026

Mutual aid societies once were an important part of the US social landscape. Africans can benefit from the same movements—provided their governments get out of the way.

8/6/2026

In 1871, Carl Menger gave what still is the best explanation of diminishing marginal utility. What was true in 1871 is true today.

8/5/2026

Deflate the dollars, or redefine the dollar’s weight—or some blend of the two.

8/5/2026

Not a novelty but an inheritance: Jeffersonian, Jacksonian, and hard-money.

8/5/2026

An opponent of gold describes the 100 percent standard better than its friends do.

8/5/2026

The supply of money, Rothbard answers, essentially does not matter.

8/5/2026

Issuing receipts for gold that does not exist is not banking. It is fraud.

8/5/2026

The natural tendency of the state is inflation.

8/5/2026

Statistics can be interesting and informative, but only if one can properly understand them through sound economic theory.

8/5/2026

The first intervention was not inflation. It was the seizure of the mint.

8/5/2026

If dollars are things in themselves, why may not everyone manufacture them?

8/5/2026

To argue for a full gold standard is to risk being classed with the dodo bird.

8/5/2026

Bretton Woods was a dollar standard wearing the prestige of gold.

8/5/2026

It is not enough to treat property as a default state of nature that will eventually assert itself and merely needs to be intellectually explained. We must continually be ready to defend private property.

8/5/2026

8/5/2026

Dr. Mark Thornton joins David Lin to discuss the AI investment surge, tariffs, inflation, the Fed’s interest-rate dilemma, and the broader risks facing the economy.

8/5/2026

Fauci is back in the limelight after the release of his diary before a Senate hearing last week. And that’s good, because the career of Anthony Fauci can teach us a lot about where power actually resides in America and how our system really works.

8/5/2026

More 5-D chess from Trump: U.S. crude oil supplies have fallen to their lowest level in 45 years as President Donald Trump continues to wage war against Iran.

8/5/2026

In spite of the GOP's feigned dismay over Morocco's weaponization of migrants against Spanish exclaves in North Africa, US policy supports Moroccan expansionism in the region.

8/4/2026

Quinn Slobodian’s Hayek’s Bastards suggests a connection between Austrian economics and a new wave of authoritarianism and racism.

8/4/2026

Quinn Slobodian’s Hayek’s Bastards suggests a connection between Austrian economics and a new wave of authoritarianism and racism.

8/4/2026

Last week, more than 50,000 people illegally entered the Spanish exclave city of Ceuta, which normally has a population of only 80,000. Why not just open the border permanently?

8/4/2026

Why are there economic disparities between racial groups? A popular explanation is that they are caused by racial discrimination. Wanjiru Njoya takes a closer look at these claims.

8/3/2026

In September 2026, the Mises Institute will hold its next Mises Book Clubs, a program that promotes deep reading in Austrian economics.

8/3/2026

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, interviews Mark Thornton, Senior Fellow at the Mises Institute, to discuss why he believes the global economy is approaching a critical turning point driven by mounting debt, declining trust, and years of monetary distortion.

8/3/2026

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, interviews Mark Thornton, Senior Fellow at the Mises Institute, to discuss why he believes the global economy is approaching a critical turning point driven by mounting debt, declining trust, and years of monetary distortion. Thornton explains why the bond market may be sending a warning investors shouldn't ignore, how decades of easy money have distorted markets, and why private credit could become the next major financial risk. He also shares why central banks continue accumulating gold while reducing their reliance on

8/3/2026

Mainstream economists tend to think of cash balances as the heart of new savings. Actually, real savings involves much more than that.

8/3/2026

The federal government aid program in one part of the economy creates a problem. Washington policymakers see a new problem. They believe the federal government should create a new aid program to solve the problem created by the earlier government aid program.

8/3/2026

If we wish to be honest, the Federal Reserve System needs to be put out of its—and our—misery.

8/3/2026

Last week, more than 50,000 people illegally entered the Spanish exclave city of Ceuta, which normally has a population of only 80,000. Why not just open the border permanently?

8/3/2026

The background: Japan is selling U.S. bonds and that's not great for the U.S. because it lowers bond prices and raises yields. In other words: higher interest rates for you and me.

8/1/2026

To celebrate The Year of Rothbard, we’re giving away some of his most radicalizing and influential books. Get your copy of our August offering, The Case for a 100 Percent Gold Dollar, before August 31.

8/1/2026

Mark Thornton explains how inflation drives the K-shaped economy, why gold and silver remain central to the debt crisis, and why socialism appeals to young Americans left behind by government failure.

8/1/2026

The beauty of Austrian economics is that it springs from real human action and does not depend upon the construction of abstract mathematical models meant to parallel reality.

8/1/2026

Statistics can be interesting and informative, but only if one can properly understand them through sound economic theory.

7/31/2026

In this week’s Friday Philosophy, Dr. David Gordon reviews Cronyism: Rise of the Corporate State 1849-1929 by Patrick Newman.

7/31/2026

Modern mass democracy, especially when coupled with bureaucracy, creates uniquely powerful incentives for the production, consumption, and institutionalization of unreality.

7/31/2026

The locals still have some control over their own borders, unlike in the USA where the central government dictates border policy for all.

7/31/2026

As socialists gain increasing power in this country, their first target is private property. We need to push back against this wave of legalized theft.

7/31/2026

7/30/2026

More than a decade ago, Zimbabwe became synonymous with hyperinflation. While that era has mercifully passed, the nation’s central bank still is following inflationary policies.

7/30/2026

7/30/2026

The Trump government is expanding its ownership of the means of production. Marx would approve.

7/30/2026

The sure way to destroy a prosperous nation is to debase the currency. History is full of examples—from ancient Rome to the nascent French Republic to Weimar Germany. The US and the West, fiat currency regimes all, are irrevocably destined to join this sorry club.

7/30/2026

Some claim that if socialists understood economics they wouldn't be socialists. This is doubtful since the larger motivation is often political control.

7/30/2026

“ Polymarket and Palantir are partners... The goal is not just … mass surveillance ... It’s predictive policing. ...This is the privatized panopticon.”

7/29/2026

While governments charge fees for just about everything, suddenly governments have decided that private fees are harmful. Illinois has been especially aggressive in trying to make certain transaction fees illegal, but the results are different than what politicians there anticipated.

7/29/2026

Scotland's celebrated free banks were neither free nor superior.

7/29/2026

Murray Rothbard realized the present system of punishment for committing crimes is both inadequate and unjust. We need to move to a system of restitution.

7/29/2026

Two US government interventions are impacting global aluminum’s supply, demand, and prices.

7/29/2026

The claim that the US attacks on "drug runners" in the Caribbean has not affected the drug trade at all.

7/29/2026

It is one thing to understand socialism on an abstract basis but quite another to spend an extended amount of time in a socialist country, this one being the former USSR. The failures of socialism become obvious when seen on the ground.

7/29/2026

The number of Japanese residents fell by 916,744, or 0.76%, to 119,736,483, marking the 17th consecutive year of decline, and the sharpest drop on record.

7/29/2026

The evolution of the US government into a powerful cartelizer of the economy required special interests persistently lobbying to reduce competitive market pressures. It required cronyism: government intervention that benefits special interests at the expense of public interest.

7/29/2026

The Universal Basic Income (UBI) is a bad idea that just won't die. Time to throw it on the ash heap of bad policies.

7/28/2026

Murray Rothbard realized the present system of punishment for committing crimes is both inadequate and unjust. We need to move to a system of restitution.

7/28/2026

No matter how legitimate the reasons might seem for going to war, the results are always horrific, and wars rarely, if ever, accomplish their stated purposes.

7/28/2026

7/28/2026

Bob reviews Murray Rothbard's 1988 essay "The Myth of Free Banking in Scotland," his sharp response to Larry White's influential account of Scottish free banking.

7/28/2026

The Israeli president joins Milei in pushing a pro-Israel axis of states in the Americas. (With the US leading the way, of course.)

7/28/2026

Despite opposition from the Trump administration and the backlash against its implementation, DEI still has not disappeared from our body politic. It takes on other names, but not other forms.

7/28/2026

"Conservative leader Fujimori was sworn in as Peru’s president Tuesday after winning the June election by fewer than 50,000 votes."

7/28/2026

Fauci hid key facts from Congress and the public in order to relentlessly promote himself.

7/27/2026

In attempts to rectify what are seen as historical wrongs against certain groups of people, western governments have embarked on programs to engage in wrongs against other groups of people. The universal principles of liberalism are supplanted by policies sure to make matters worse.

7/27/2026

The Federal Reserve claims that its policies are aimed a keeping prices stable. However, these policies actually undermine the economy and make it unstable.

7/27/2026

The democratization of urban planning, the politicization of the environmental movement, and the no-growth movement came together to erect enormous barriers to housing construction in California.

7/27/2026

The up and down experience with free markets in Eastern Europe following the fall of the Iron Curtain shows that free markets, while undermining the state, do not operate apart from state interference.

7/27/2026

After defeating the British in the American Revolution, Americans had the opportunity to set the country on a long path of freedom. They chose to empower government, instead.

7/27/2026

In 1962, despite professional and institutional obstacles, Man, Economy, and State was finally published. With it, Rothbard greatly advanced the Austrian tradition and firmly positioned himself as Mises’s heir.