Mises Institute
Saturday, October 4, 2025
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Donate Today to Help Us Reach Our Goal
Mises Institute
Our enemy, the Fed, has a money printer. We have courageous donors. The Mises Institute is unique. We oppose all efforts to compromise with the Fed. We don’t want to reform the Fed. We want to abolish it.
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Rothbard’s Preferred Pronouns
Joshua Mawhorter
We are not the government, and the government is not us. This abstraction hides the truth, teaching people to equate the state with “society,” “the people,” “the common good,” or other euphemisms.
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Most popular this week
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Tariffs Won’t Ever Make American Businesses “Absorb Costs”
As tariffs force up business costs, analysts are claiming that businesses will have to “absorb costs” to stay in business. That is not a sustainable strategy, as businesses cannot survive under these high-cost circumstances.
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Sound Money in Medieval Italy
The quest for sound money is hardly a recent phenomenon. In 13th century Italy, two different gold monetary units competed with each other in the Medieval Italian economy.
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Our Economy Has Never Needed an “Elastic” Currency
Mainstream economists have justified the creation of the Federal Reserve because they claim that a growing economy—especially the banking system—needs an “elastic” currency. In other words, the economy “needs” at least some inflation.
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Featured Audio
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Menger’s Barter Theory of the Origin of Money Is Still Standing
Money emerges from market exchange, not state edict.
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Trump, Comey, and the Long History of the Unelected Government
Indictments are symptoms, not cures. The real problem is unelected power.
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Vitamins vs. Technocracy: Lessons from MK-7
Mark Thornton critiques the compliance-driven health regime that sidelines decentralized knowledge and choice.
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National Guards, Government Shutdowns, and the Prosecution of James Comey
Tho, Ryan, and Connor look at the headlines from the week.
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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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