Mises Institute
Wednesday, October 1, 2025
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The Wheels of Government Cheese
Ludovico Lumicisi
By trying to protect dairy farmers and raise their incomes, the government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.
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Ludwig von Mises at 144: Praxeology and the Cornerstone of Austrian Economics
Alan Mosley
Ludwig von Mises was born 144 years ago. His economic masterpieces are as relevant and powerful today as when they were written. Mises still is the most eloquent voice against socialism.
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The Wheels of Government Cheese
The government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.
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Economic Depressions: Their Cause and Cure
Artificial credit causes depressions; market liquidation is the cure.
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Saving Versus Hoarding
Saving is the use of revenue or income by a business or individual for purposes other than expenditure on consumers’ goods.
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How Fossil Fuel Revolutionized Our Kitchens and Our Food
Coal drove the development of a whole new way of cooking and a radically different diet.
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Water Subsidies and Shortages in the American West
Water is distributed in the West not by markets and market prices, but by the political process.
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Menger’s Barter Theory of the Origin of Money Is Still Standing
Money emerges from market exchange and saleability, not state edict.
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Hayek for the 21st Century—Our New 100,000 Book Giveaway
Hayek for the 21st Century is a primer for the layperson, introducing a new generation of readers to Hayek’s writings and hopefully avoiding the 20th century’s mistakes in the 21st century.
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