Does Correlation Mean Causation?
Carl Menger wrote, “All things are subject to the law of cause and effect.” Unfortunately, modern academic economists all too often confuse correlation of economic phenomena with causality.
The Cultural Consequences of the Welfare State
The welfare state is supposed to signal the existence of the “compassionate” society that provides care for all. However, this “compassion” has resulted in the proliferation of social pathologies that undermine civilization itself.
The Elusive Meaning of Equal Opportunities
People claim to support “equal opportunity” over the idea of equal outcomes, but when one examines both concepts, it becomes obvious that neither is possible or even desirable. Murray Rothbard understood more than most that equality of opportunity is a chimera.
The Economic Fallacies Underpinning Hitler’s Disastrous Views
While focusing on the Holocaust, people often forget the economic fallacies of the Third Reich. Hitler‘s policies were based upon socialism and state control, and no regime can prosper under those conditions.
The Goldbug Variations
Dr. Gordon reviews Quinn Slobodian‘s latest book trashing the Austrians, especially Murray Rothbard. Not surprisingly, Slobodian shows little understanding of the Austrians and economic history.
The Race/Starting-Point Fallacy
It is often asserted without challenge that “life is like a race” and it wouldn‘t be a fair race without the same “starting-line.” While this analogy has some truth, it is largely fallacious and more than implies an ever-present state to provide “equal opportunity.”
What Has Government Done to Our Money?
In the last few years, many Americans have started to see the truth about the Federal Reserve. Putting this book in their hands at this moment will have a profound effect for the better.
Why Do So Many Bad Economists Support the Austrian Position on Free Trade?
Why do mainstream economists suddenly think clearly when it comes to tariffs—but abandon logic elsewhere? Mark Thornton unpacks why even Krugman and Marx agree with Austrians on free trade.
Should Economists Champion Fed “Independence”?
As Trump challenges Powell and the Fed’s authority, Dr. Joe Salerno joins Bob to dive into whether "central bank independence" really protects the economy—or just shields elite power.
Why Did Trump Arrest a Student for Writing an Op-Ed?
James Bovard joins host Ryan McMaken to talk about how the White House went from targeting illegal aliens to seizing legal residents guilty of the "crime" of criticizing the government of the State
Prospects for Hyperinflation
Is the US headed for hyperinflation? Mark Thornton dives into the national debt crisis, historical collapses, and the three stages of financial doom.
Various Locations
This spring, 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.
Auburn, AL
Research Fellowships at the Mises Institute in Auburn, Alabama, are available to graduate students and post-docs interested in scientific research in the Austrian school and libertarian political economy.
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Auburn, AL
Join us in Auburn for the Revisionist History of War Conference in May.
Virtual
In May 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.
