Mises Institute
Wednesday, December 24, 2025
 
 

The politics of home prices favor higher prices. After all, millions of homeowners want high prices, and housing industry lobbyists want high prices too. Younger first-time homebuyers presently lack the political clout needed to win this fight.

At the center of the housing affordability crisis is the Federal Reserve, and we're reminded that the Fed’s creation was pushed through Congress two days before Christmas, when the central bank’s future victims weren’t watching.

Ryan McMaken, Editor-in-Chief

 
 
Why Are Houses So Expensive? It’s Deliberate Government Policy
Ryan McMaken

High prices are not the “unintended consequence” of good intentions.

 
READ MORE +
 
 
Woodrow Wilson’s Christmas Grift of 1913
George Ford Smith
Two days before Christmas 1913, the infamous “creature from Jekyll Island” was birthed into our body politic. It has been devouring the economy ever since.
 
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The Christmas Truce of World War I
 
Never forget the Christmas truce of December 1914, when troops refused to be pawns of empire for one blessed day.
 
LISTEN +
 
 
The Economics of Classical Music: Patronage vs.
the Market
 
Decentralized markets made classical music soar.
 
LISTEN +
 
 
From the Desk
of Lew Rockwell
Sound economics and economic freedom have never been more crucial than today. With your help, we will continue fighting against the state and its tyranny.
 
read more
 
 
A Christmas Gift to the War Machine
Imagine how many former US officials-turned-lobbyists might be financially inconvenienced if we finally “just marched home”?
 
read more
 
 
Thank God for Private Enterprise
Statists, no matter the problems, will often say government services aren’t fully funded; that almost all these services, no matter how egregious, should be expanded.
 
read more
 
 
 
 
 
Our Prospects
Are Bright
 
Lew Rockwell in October 2016 on the campus of Harvard University.
 
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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