Mises Institute

In this week’s Friday Philosophy, Dr. David Gordon assesses the “libertarian” foreign policy prescriptions of Murray Rothbard and David Freeman. Naturally, Rothbard’s view—built upon principles of natural law—stands above Freidman’s less-principled “pragmatism.”

From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves.

Demands for Americans to pay reparations to descendants of chattel slavery in America have been growing. The case for reparations, however, has always been weak and illogical.

A wearisome part of modern life is the incessant chants of “doomsday” from intellectual, academic, political, and media elites. That their six decades of predictions all have been wrong only leads them to double down on the volume of their claims.

In the wake of WWI, Pope Pius XI reminded his readers that governments instituted by men can never be perfect, and they cannot even be good if they neglect natural law.

This issue of The Misesian discusses that, without private property, there is no way to plan for the future, and one’s goods are always subject to confiscation from the more powerful. In other words, a world without private property is a lawless world.

Easterly questions if economic development is really development unless all parties have the right and opportunity to consent voluntarily in their own decisions

I've lived in various different parts of the world, and because everything on mises.org is free, I was able to continue my learning from everywhere I was. It's been fantastic.

In this issue of The Misesian, we explore the choice we face between the civilizing and liberating effects of private property and the impoverishment of interventionism and socialism. Our Supporters Summit spoke to how economic freedom undergirds civilization itself.

Conflicts are not inherent in the operation of an unhampered market economy. There are conflicts between citizens because the government steps in and gives special privileges to some and not to others.

"Economic Freedom: The Key to Liberty" featured talks on topics ranging from taxes to the Federal Reserve to no-knock raids, our speakers examined the countless ways that governments invent new methods of violating our private property and destroying freedom in the process.

To stay in power, governments have to keep spending money. They need to give money to their friends, to give money to their supporters, to carry out their various projects, and—most expensive of all—to have wars.