No concepts are extra highly effective to the reason for freedom than the reality about economics, which is on the coronary heart of the Misesian and Rothbardian traditions. Our mission for the previous forty-two years has been to unfold these truths as far and vast as potential. We might be a lot farther down the highway to serfdom with out the Mises Institute.
For a number of many years, I’ve thought-about the Mises Institute my Mecca. Yearly, I made a pilgrimage to Auburn to spend per week instructing at Mises College, the world’s preeminent program in Austrian College economics. As of 2024, greater than 4,750 college students have graduated from Mises College. This previous July, 13 of the eighteen school members had been themselves Mises College alumni! The brand new era of Austrian thinkers is taking the helm. Does Mises College make a distinction? Completely!
Over 100 college students discovered about competitors, worth and utility, cash and banking, enterprise cycles, entrepreneurship, financial methodology, financial historical past, and monetary economics. My contribution was The Axis of Evil: America’s Three Worst Presidents.
The scholars had been excited over the looks of our thriller speaker, Dr. Ron Paul, who gave a one-hour presentation and stood for photos with each scholar. Our particular visitor speaker, Dr. Robert Malone, was additionally a giant hit. In early July, Dr. Malone unbeknownst to us revealed lengthy critiques of What Has Authorities Executed to Our Cash? and Anatomy of the State by Murray Rothbard on his Substack column, which has over half one million readers! As quickly as we discovered about these critiques, we invited him to talk at Mises College. Dr. Malone is the inventor of the mRNA vaccine, and he was one of many fact tellers who was punished throughout the covid years by the enemies of free speech (a.okay.a. the federal authorities and its sock puppets within the media and Huge Tech). As he defined in his critiques, Austrian and Rothbardian economics confirmed him why covid tyranny occurred and why an analogous occasion is prone to happen once more. As of this writing, Dr. Malone’s speech at Mises College has 1.5 million views!
My second annual pilgrimage over time was to the Austrian Economics Analysis Convention (AERC), held each March. It’s exhausting to state how essential this occasion has been to the Austrian College and the liberty motion typically. That is the place the most effective new scholarship in Austrian economics is mentioned and debated 12 months after 12 months by students worldwide. It’s an annual mental feast and an important networking occasion for students working within the Austrian custom.
An thrilling addition for 2025 would be the resurrection of the Libertarian Students Convention, to be held the day earlier than AERC. There will probably be students of historical past, political science, philosophy, and economics in attendance. This interdisciplinary alliance will produce important future advances within the literature of liberty.
The twenty-fifth Rothbard Graduate Seminar (RGS) was held this summer time. Graduate college students desirous about a deeper understanding of Austrian economics delved into Human Motion with lectures and discussions led by Mises Institute school and related students. Their expertise at RGS will affect their coursework, their theses and dissertations, and sure their profession selections.
It was a fantastic pleasure to host our Fellows in Residence this summer time. Our Fellows labored on their analysis, honed their presentation expertise, and made ample use of all of the sources and help that the Mises Institute and its students might present them. Their last analysis papers—all of that are top quality and able to be revealed in tutorial journals—will enhance their careers as younger Austrian College students.
This 12 months, our Mises Apprentices had been fairly prolific as nicely. They revealed sixty-five articles on the Mises Wire, and a number of other of them ranked amongst our most generally learn articles of your entire 12 months. Many had been even republished on web sites comparable to ZeroHedge. Our Apprentices additionally created content material for Instagram and X, with one video on X garnering over 100,000 views in just a few days. The Apprentices discovered important expertise to assist them attain the youthful era with the Misesian and Rothbardian message of fact in economics.
Mises.org continues to be the most effective economics schooling web site on the planet, bar none. Previously twelve months, there have been 3,060,461 distinctive guests to mises.org. We uploaded 314 movies on YouTube leading to 4,061,299 views. The PDF of Ludwig von Mises’s nice treatise, Human Motion, was downloaded 782,400 instances, and the PDF of his Financial Coverage: Ideas for At present and Tomorrow was downloaded 124,476 instances.
As of this writing, it’s solely been two weeks since we launched our new documentary, Enjoying with Hearth: Cash, Banking, and the Federal Reserve, and it already has greater than 69,000 views. By comparability, the 1995 Mises Institute documentary on the Fed averaged about 65,000 views yearly.
Our Newbies movies sequence on economics had over 8 million views previously twenty-four months. The Misesian goes out to 17,000 Members, donors, and college students; and the Mises Digest is acquired by one other 33,000.
Because of our beneficiant donors, we’ve got given away greater than 70,000 copies of Rothbard’s What Has Authorities Executed to Our Cash? this 12 months.
Our podcasts are more and more fashionable as nicely. We use different media platforms to keep away from censorship by fascist Huge Tech, and The Human Motion Podcast, Minor Points, and Radio Rothbard all have loyal audiences within the hundreds. We lately launched two new podcasts, Loot and Foyer and Weapons and Butter.
In Might, we commemorated the seventy-fifth anniversary of Human Motion with a two-day convention. Every attendee was given a particular leather-bound version of Human Motion with a brand new introduction by Joe Salerno. The fifteen scholarly papers introduced on the convention will quickly be revealed as a guide. We hope they are going to be a supply of concepts and inspiration for Austrian students.
And, after all, we proceed to publish our scholarly journals, the Quarterly Journal of Austrian Economics and the Journal of Libertarian Research, which characteristic all the most effective new scholarship within the Misesian and Rothbardian traditions.
Our Mises Circle occasions in Tampa, Florida; Lake Jackson, Texas (cosponsored by the Ron Paul Institute); Albuquerque, New Mexico; and Fort Myers, Florida, had been nicely attended. The Tampa Circle is scheduled once more for February 2025. These occasions and the brand new Mises E book Golf equipment across the nation are introducing our applications to a broader viewers and are a supply of latest Members.
Together with my colleagues Wanjiru Njoya, Jonathan Newman, and Mark Thornton, I did dozens of radio speak present and tv interviews previously three months, a few of which had been on nationwide tv and on radio networks that broadcast on tons of of stations concurrently. Matters ranged from the Fed to so-called DEI to the financial problems with the presidential marketing campaign to the Mises Institute’s applications. Extra of our students will probably be taking to the airwaves within the coming months. These of us who’ve already executed interviews are being invited again to talk once more. It’s excessive time that the neocon-progressive blockade of the airwaves was damaged up!
Our main publicity coup was our full-page advert within the Wall Avenue Journal, which was made potential by a beneficiant donor and was revealed on June 24, entitled “Who Needs the Fed?” We don’t, after all, however the bureaucratic welfare-warfare state’s plotters, planners, parasites, propagandists, and plutocrats appear to love it.
The Mises Institute’s applications try to show anybody and everybody of all ages the reality about economics—to assist them change into their very own economists with out being contaminated by the statist biases of the tutorial institution, the legacy media, and fashionable tradition. We like to think about ourselves as standing on the shoulders of nice males like Ludwig von Mises, Murray Rothbard, Henry Hazlitt, and Ron Paul, who devoted their grownup lives to the relentless pursuit of the reality concerning the financial system and society and the evils of the state. Mental ammunition should continually be replenished within the struggle of concepts, for under concepts—or “idea bombs,” if you’ll—can defeat tyranny.
We’re on the precipice of an avalanche of tyranny, with institution figures comparable to Hillary Clinton calling for the imprisonment of the critics of statism, the spreaders of what she calls “disinformation.” Regulation college deans are calling for the abolition not simply of the First and Second Amendments, however of all of what’s left of the US Structure to determine a socialist dictatorship in America as soon as and for all. They’ve focused the Supreme Courtroom for court docket packing and the abolition of the Electoral Faculty in order that New York and California “progressives” can select all of the presidents. Additionally they wish to sneak in Soviet-style central planning with their “Green New Deal.” They wish to abolish advantage in hiring and power quota hiring of their political mascot teams to solidify their monopoly of political energy even additional.
This highway to serfdom has been paved by many years of indoctrination of faculty college students with the socialist propaganda line that solely “the oppressed” deserve freedom of speech, which is why college students suppose they’re taking the ethical excessive highway by screaming and yelling and rioting every time, say, an antiestablishment speaker or a Mises Institute scholar, is invited to talk on their campuses. Within the previous days, campus Marxists thought-about the economically educated the instruments of capitalism. At present we’re the instruments of the oppressor class.
As Mises wrote in Human Motion, the excellent news is that there has at all times been a remnant of younger people who find themselves not bamboozled by statist indoctrination and who wish to stay in freedom. They don’t need their lives to be managed by egomaniacal nitwit politicians in faraway Washington, DC. The totalitarians who’re so dominant in American society as we speak are scared to dying of our antitotalitarian concepts, as they need to be. That’s why universities, the media, and positively the federal government are so closely invested within the mechanics of censorship, “canceling,” limitless mendacity and spreading of propaganda, and character assassination. They don’t have any life-affirming philosophy, in order that they use intimidation, coercion, lies, and violence to attempt to power the remainder of us to stick to their weird, anticivilization whims and fancies.
They react to our concepts like a vampire reacts to a cross, stammering and stuttering and calling us vile names. The state consists principally of cowards and bullies who’ve at all times been intimidated by highly effective concepts—the concepts of freedom and of deep suspicion of the state and every thing that it does. That’s the reason they try to get our youngsters into their clutches at youthful and youthful ages. We refuse to sit down idly by.
Mises’s message is highly effective. It’s little surprise that UFC fighter Renato Moicano grabbed the mic from Joe Rogan after his cage-fighting victory in July to say “If you care about your country . . . read Ludwig von Mises!” We instantly despatched him a small library of books on Austrian economics.
Together with your help, we are going to keep on our instructing, outreach, analysis, and publishing. We received’t cease educating the long run champions of freedom. Your donations matter, and also you matter. We’re on this collectively, “this” being nothing lower than the battle to avoid wasting Western civilization from the newest onslaught of socialist tyranny.
Please contribute no matter you possibly can to assist make the Mises Institute extra influential in 2025. Thanks to your help and for being a soldier within the struggle of concepts.
