Mises Institute
Friday, December 19, 2025
 
 

One of the Left’s favorite economic myths is that free-market thinking is the dominant ideology in America. In spite of trillion-dollar budgets and endless rivers of new government regulations, some would have us believe that hard-core free marketeers are running the show. If only!

After all, if free markets were popular among policymakers, we wouldn't have a central bank like ours which still refuses to stop inflating even as prices keep rising.

Ryan McMaken, Editor-in-Chief
 
 
We Cannot Build an Economy on Lies
William L. Anderson
American journalists and academics have invented a fairy tale in which “free market orthodoxy” has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again.
 
READ MORE +
 
 
CPI Price Inflation Slows as Oil Prices Fall and Rents Flatten
Ryan McMaken
This downward movement in CPI growth—which remains positive and well above the Fed's two-percent target—reflects, in part, falling rents and oil prices due to soft demand. 
 
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Property and Exchange
 
Property rights and voluntary exchange create social cooperation, prosperity, and limits on state power.
 
LISTEN +
 
 
The Next Economic Downturn Will Be Here Soon Enough
 
Huge credit expansions are destroying the US economy.
 
LISTEN +
 
 
Longer, Higher for Longer
A statist orientation, bloated budgets, high national debt, and declining birthrates suggest future higher interest rates.
 
read more
 
 
Bimetallism, Gresham’s Law, and Coinage
The bimetallists’ cry of a “crime against silver” was true, but the real crime was replacing free market money with bimetallism.
 
read more
 
 
Understanding the Cold War: A Bibliography
Dr. Gordon’s reading recommendations for understanding the Cold War.
 
read more
 
 
 
 
 
What Happened to Climate Change?
 
From science to state religion to
a power grab unraveling.
 
WATCH NOW
 
 
 
 
Hayek for the 21st Century
 
The Mises Institute is giving away 100,000 copies of this collection of essays by Austrian School economist and Nobel laureate F. A. Hayek, whom Ludwig von Mises described as “one of the great economists” of all time. The vision of this book is to introduce a new generation of readers to Hayek’s writings.
 
ORDER YOUR FREE COPY +
 
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