Professor Philipp Bagus has published a remarkable article making the case for developing a political economy to help us understand the 2020 coronavirus and similar events prone to mass hysteria. The article, titled “COVID-19 and the Political Economy of Mass Hysteria,” appears in the International Journal of Environmental Research and Public
Listen to the Audio Mises Wire version of this article. Supreme Court Justice Clarence Thomas’s recent concurring opinion in the Biden vs. Knight decision sent hopeful tremors across conservative legal circles and drew condemnation from libertarians. Was Thomas finally laying the groundwork for regulation of Big Tech, which conservatives
Listen to the Audio Mises Wire version of this article. Minneapolis police officer Derek Chauvin was tried for the crime of second-degree unintentional murder under Minnesota law. The essential questions of fact for the jury were whether Chauvin actually caused George Floyd’s death, and whether he did so while committing a felony offense with
The self-styled investigative journalism outlet ProPublica recently published private IRS tax information—presumably embarrassing private tax information—for a host of ultrawealthy and famous Americans. I say “self-styled” because the organization claims a pretty lofty and self-important mission to use the “moral force” of journalism on behalf of
Joe Biden’s perverse legacy, if that term even applies anymore, may well be determined in the coming weeks by his handling of events in Ukraine. He can improve it by showing restraint against the relentless neoconservative chorus. One wonders what the results of a pure popular vote on the question of going to war with Russia over Ukraine would
All of a sudden everyone is an expert on inflation. Your brother-in-law, your local paper, and even dilettantes at dubious outlets like the Washington Post or The Atlantic feel compelled to explain our current predicament. With the admitted rate of consumer inflation running somewhere around 8 percent, and the real rate much higher, even
Listeners of The Human Action Podcast and Radio Rothbard sometimes remark on the intro and outro music from heavy metal band Megadeth. Fans of this genre are very familiar with both the band and its founder, legendary guitarist Dave Mustaine. Mustaine is well-known among both fans and his musical colleagues as a highly skilled technical
Why does support for socialism persist? The short answer may be simple human nature, our natural tendency toward dissatisfaction with the present and unease about the future. Even in the midst of almost unimaginable material comforts made possible only by markets and entrepreneurs—both derided by socialists—we cannot manage to conclusively defeat
During a recent trip to Mexico City, Jeff Deist was able to join Sergio Sarmiento of TV Azteca’s adn40 for a great discussion on the meaning of liberty and the power of markets. The interview is available here. The Mises Institute been excited to increase our reach in the Spanish speaking world in recent years thanks to trips like this, as well
We hope you enjoy a new Mises Institute podcast series , focused on Austrian theory in-depth — with the best PhDs discussing core books and core topics. We encourage listeners to look past the white noise and learn — or relearn — real economics. The ultimate goal is introducing more and more people to original sources, from Menger forward. These
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.