Mises Institute

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

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.

For many years, some economists and politicians have painted income equality as a major threat to our economy and well-being. As usual, they understand neither inequality nor economics.

Mark Thornton updates the Stocks versus Manure contest, then explains why gold’s correction may be temporary, and why democratic socialism attracts young voters with failed answers to real problems.

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.

When Vladimir Putin took power in Russia, the nation had a potentially bright future. Today, bogged down in war and its economy approaching Third World status, the future doesn’t look very good.

Recorded at the Mises Institute in Auburn, Alabama, on July 24, 2026.Mises University is the world's leading instructional program in the Austrian School of

Recorded at the Mises Institute in Auburn, Alabama, on July 24, 2026.Mises University is the world's leading instructional program in the Austrian School of

Build a model no real market could ever match, call it the ideal, then diagnose every real market as a failure for falling short. Jonathan Newman on the equilibrium trap Mises warned against.

Recorded at the Mises Institute in Auburn, Alabama, on July 24, 2026.Mises University is the world's leading instructional program in the Austrian School of

Strip away the mystique and ChatGPT is a next-word predictor with some randomness—the same trick as the spell-checker asking if you meant "dog." Peter Klein on the economics of AI, minus the hype.

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.