Ludwig von Mises remains at the center of everything that is today called the Austrian School of economics.
When the Mises Institute was founded more than forty years ago, most of our supporters were directly connected to Mises. First and foremost was Mises’s widow, Margit, whose tireless work in preserving Mises’s legacy lives on at the Mises Institute. The Institute also benefited from early support from Mises’s student F.A. Hayek, who won his Nobel Prize specifically for the Mises-Hayek business cycle theory. Journalist Henry Hazlitt was a great admirer of Mises and brilliantly popularized his work in regular columns for publications like Newsweek and the New York Times. And, of course, there was Murray Rothbard, Mises’s student and disciple, who brought Mises’s work to new generations of scholars and students.
To be a Misesian means to reject the usual milquetoast third-way fare that passes for “free-market” activism in much of today’s political discourse. Even in a time when Marxism was taken very seriously and the “mixed economy” was presumed the wave of future, Mises remained uncompromising, radical, and rigorous in a way that has been seen in few others. We hope to capture these qualities of steadfastness that made Mises so special in the pages of The Misesian for our readers.
The Misesian, vol. 1, no. 6, 2024
Another national election has come and gone. Unfortunately, though, opposition to the status quo is not the same thing as support for peace, freedom, or free markets.
The Misesian, vol. 1, no. 5, 2024
The American state has relied on the tools of monetary and fiscal stimulus to inflate its way out of every new economic crisis. The core of our out-of-control interventionist economy will not be touched by the election of either Harris or Trump.
The Misesian, vol. 1, no. 4, 2024
In previous centuries there were the defenders of liberty we now call “classical liberals,” “radical liberals,” or “libertarians.” For them, the fight for freedom was synonymous with the fight for peace, opposition to imperialism, colonialism, and standing armies.
The Misesian, vol. 1, no. 3, 2024
In this issue of the Misesian we celebrate seventy-five years of Human Action. Many of our top scholars examine the legacy of Human Action and find it continues to inspire new generations of economists, scholars, and students.
The Misesian, vol. 1, no. 2, 2024
In our current age of rampant monetary inflation and price inflation, good economics has become more relevant for ordinary people. Inflation is not some arcane matter of consumer price indices and statistics on the monetary base. Inflation, is simply ruinous on the personal level.
The Misesian, vol. 1, no. 1, 2024
Welcome to the first issue of The Misesian. We’ve decided to rename The Austrian magazine to emphasize how Ludwig von Mises remains at the center of everything that is today called the Austrian School of economics.
