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Human reason, wrote Ludwig von Mises, is the basis for civilization itself. Western civilization, he said, was built upon economic progress that sprang from reason. However, he also warned that if the West abandoned sound economics, it would trigger its demise.
Original article: https://mises.org/mises-wire/human-reason-foundation-civilization
Is economic inequality really the crisis it's made out to be, or is it a misunderstood feature of a healthy, free market society? Mark Thornton dismantles the modern obsession with equality, exposing the statist assumptions behind popular narratives and showing how capital accumulation, entrepreneurship, and individual differences drive prosperity. This is the Austrian answer to egalitarian myths.
Recorded at the Mises Institute in Auburn, Alabama, on July 25, 2025.
Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
Timothy Terrell challenges the mainstream view that markets fail to protect the environment, arguing instead that government intervention often distorts land use, fuels cronyism, and undermines conservation. Drawing on Austrian insights, historical examples, and striking contrasts in land management outcomes, Terrell makes the case for property rights and market-based stewardship as the true path to sustainability.
Recorded at the Mises Institute in Auburn, Alabama, on July 25, 2025.
Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
Modern psychology has been at odds with the praxeology of the Austrian School, as psychologists have tended to see humans as passive and reactive, while Austrians view human action as purposeful. Recent developments in the field might change that narrative.
Original article: https://mises.org/mises-wire/how-psychology-catching-reality-human-action
Lucas Engelhardt explores the economics of interventionism, tracing Ludwig von Mises’s core argument that state interference in markets is both self-defeating and inherently unstable. Building on insights from Rothbard, Ikeda, and Higgs, Engelhardt examines why interventionism persists despite its failures, and whether we are, in fact, on the road to socialism or stuck in a stable middle ground.
Recorded at the Mises Institute in Auburn, Alabama, on July 25, 2025.
Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
If education and career skills are what you want, a college or university may be a waste of your time and money.
Original article: https://mises.org/mises-wire/four-reasons-why-college-degrees-are-becoming-useless
If New Yorkers wanted to help students by paying for their tuition, they would have already done so on their own.
Original article: https://mises.org/mises-wire/busting-free-college-myth
In Syria the damage is done, and future generations will continue to suffer from the cruel folly of those convinced they know how to run everyone else’s lives.
Original article: https://mises.org/power-market/americas-syrian-civil-war
In this week's Friday Philosophy, Dr. David Gordon takes on Alex Honneth's The Working Sovereign. While Dr. Gordon acknowledges that the author gives an "Honneth" effort, his logic and grasp of the world of work fall way short of being convincing.
Original article: https://mises.org/friday-philosophy/honneth-effort
Even when MMT advocates are correct that colonial governments at times burned money after receiving it for tax revenues, they still manage to get both the history and the causes wrong.
Original article: https://mises.org/mises-wire/mmters-love-when-governments-burn-money
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