Mises Institute
Monday, December 1, 2025
Every now and then, pro-regime historians and pundits create lists of America’s “greatest” presidents. Not by accident, these lists include the presidents who are the most anti-market and warmongering. Warren Harding is an example of a president who fell victim to this deranged idea of “greatness.” His fate shows ([link removed]) ([link removed]) the need to always counter the regime’s historical narrative.
Meanwhile Europe is making history in a bad way by falling into a new cycle of stagnation thanks to Europe’s rapid turn away from market freedom ([link removed]) .
Ryan, Editor-in-Chief
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Warren Harding: A Sinner in the Hands of Angry Progressives
Joshua Mawhorter
Warren Harding provides a case for how lies and myths—in the name of the truth—can be centralized and become the dominant narrative for generations, shaping views on policy.
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Government Chains Are Shackling Europe
Finn Andreen
Europe’s eye-watering tax levels are a leading cause of stagnation of European economies, as well as the symptom par excellence of statist gluttony.
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The Great Depression: An Austrian Reply to WIRED
Bob walks through a recent WIRED video on “the economics behind the Great Depression.”
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Contagion
Politicians and central bankers invoke “contagion” to demand more power and money, while their interventions cause the very fragility they decry.
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The Economics of Santa Claus
A satirical essay from a 1978 classroom, speculating about what it would cost to become Santa.
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The State Isn’t Santa Claus, It’s the Grinch!
The state cannot provide anything without first confiscating wealth from others—like the Grinch who stole Christmas.
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Mises Explains the Santa Claus Principle
Believing in an inexhaustible fund leads to inflation, poverty, and a lower standard of living.
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No, You’re Not Hurting the Economy by Saving Money
The regime wants you spending all your money all the time.
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The Misesian
In the latest issue of The Misesian, we give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.
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