Mises Institute
Thursday, October 16, 2025
 
 
Stiglitz and Capitalism: Remembering that Statists Mostly Win the Nobel
William L. Anderson
While some economists are celebrating the awarding of the Nobel Memorial Prize in Economics to three economists who are relatively friendly to free markets, we should not forget that most Nobel winners have been unrepentant statists and socialists.
 
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Rothbard on Taxation
Llewellyn H. Rockwell Jr.
Murray Rothbard said, “Taxation is theft, purely and simply, even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match.” If it is a crime for an individual, and it is a crime for a group, then it ought to be considered a crime for a government. There should be no special category for political elites.
 
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Exchange and Demand
 
Joseph T. Salerno presents the fundamentals of Austrian economic theory, with a special emphasis on its technical aspects.
 
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The Path to American Independence
 
Patrick Newman offers a compelling and important narrative on the early days of the American republic.
 
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The Symptoms of Collectivism

Leaders prone toward collectivist ideals and central planning seize upon these opportunities, thriving on divisive sentiment.

 
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Housing Has Become More Affordable. The Fed Could Reverse That
Market pressures should make housing more affordable, but easy money undermines that prospect.
 
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American Independence and the Seeds of Big Government
Independence from Great Britain was achieved, but war itself has a tendency to lead to greater statism.
 
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The Misesian Vision
 
Lew Rockwell at the 2010 Mises Circle in Houston, Texas.
 
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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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