Recorded on November 9, 2019, in Lake Jackson, Texas.

Includes an introduction by David Gornoski. Recorded on November 9, 2019, in Lake Jackson, Texas.

[The following is an excerpt from Jeff Deist’s talk at the Mises Institute’s recent summit in Los Angeles] Introduction Those of us who read and enjoy Mises, and he wrote so much about so many things, might well wonder what he would have to say about the state of America and the West in 2019. …

Ludwig von Mises and his work remain incredibly prescient and relevant today. The world needs his voice more than ever, and our speakers celebrate Mises as a supremely vital thinker well-suited for today’s challenges. Recorded in Los Angeles, California, on October 26, 2019.

Ludwig von Mises and his work remain incredibly prescient and relevant today. The world needs his voice more than ever, and our speakers celebrate Mises as a supremely vital thinker well-suited for today’s challenges. Recorded in Los Angeles, California, on October 26, 2019.

Can the increasing politicization of life in America be stopped, or even slowed? To be sure, average Americans do not want this. Most people prefer not to lead overly political lives, beyond perhaps voting once in a while and grumbling about taxes or potholes. Most people prefer to focus on work, family, hobbies, sports, or …

Presented during the “Law and History” session at the Libertarian Scholars Conference on 28 September 2019, at The King’s College in New York City.

The New Right: A Journey to the Fringe of American Politicsby Michael MaliceAll Points Books/St. Martin’s Press 2019307 pages Conservatism, Michael Malice famously remarks, is progressivism driving the speed limit. Malice’s latest book, aptly titled The New Right: A Journey to the Fringe of American Politics, documents a movement of sorts to change this.  Malice is a podcaster, …

Do central bankers really think negative interest rates are rational?
“Calculation Error,” which Bloomberg terminals sometimes display1, is an apt metaphor for the current state of central bank policy. Both Europe and Asia are now awash in $13 trillion worth of negative-yielding sovereign and corporate bonds, and Alan Greenspan suggests negative interest rates soon will arrive in the US. Despite claims by both Mr. Trump and Fed Chair Jerome Powell concerning the health of the American economy, the Fed’s Open Market Committee moved closer to negative territory today — with another quarter-point cut in the Fed Funds rate, below even a measly 2%.
Negative interest rates are just the latest front in the post-2008 era of

The best people in the world support the Mises Institute. 5,112 people to be exact. Will you join them? Who are they? People just like you. Average people who happen to care deeply about human liberty and human flourishing. People who care about real economics. People who oppose state power, central banks, and war. People who …

Bloomberg terminals, the financial software system used by countless analysts and traders around the world, has a problem: its system cannot price callable bonds using negative interest rates. Programmers never considered such a scenario, and thus failed to code the system accordingly. So users get an error message when they attempt to force negative bond yields …

[The following is excerpted from a Foreword by Jeff Deist to our upcoming hardcover version of Henry Hazlitt’s classic Economics in One Lesson. Hazlitt was indeed a self-taught economist, but first and foremost he was a journalist. As a result, everything Hazlitt wrote exhibits great clarity and economy of words– making him the perfect choice for lay readers …

The remarkable life of Ron Paul began in Pittsburgh 84 years ago today, in 1935—seven months after Elvis Aaron Presley came into the world. We wish him a very happy birthday, and many more years of health and productivity.
It’s a rare person who peaks later in life, but Dr. Paul manages to do just that. Anyone who meets him notices his energy, his distate for waiting or standing still, honed by decades as a doctor. In his eighties he is exceedingly fit, riding his bike, walking, tending his garden, and frequently hosting family and guests at his home. His daily Liberty Report, live on YouTube, provides an excellent outlet for his pro-peace message without the constraints (and tedious travel) of Congress.
Born into the teeth of

The remarkable life of Ron Paul began in Pittsburgh 84 years ago today, in 1935—seven months after Elvis Aaron Presley came into the world. We wish him a very happy birthday, and many more years of health and productivity.  It’s a rare person who peaks later in life, but Dr. Paul manages to do just that. …

The New Right: A Journey to the Fringe of American Politicsby Michael MaliceAll Points Books/St. Martin’s Press 2019307 pagesThis review appears in forthcoming September/October issue of The Austrian Conservatism, Michael Malice famously remarks, is progressivism driving the speed limit. Malice’s latest book, aptly titled The New Right: A Journey to the Fringe of American Politics, documents a movement …

Yoram Hazony’s recent “National Conservatism” conference attracted controversy, some of it deserved. Arch interventionist and National Security Advisor John Bolton was one featured speaker, injuring the gathering’s promise of a shifting foreign policy consensus on the Right. Tucker Carlson, by contrast, capably promoted an “America First” policy of military restraint—restraint that runs directly counter to Bolton’s grandiose …

Pipeline Observer Magazine recently interviewed Jeff Deist on the subject of tribal land and sovereignty in North America. Interview by Clayton Reeder, originally published in May 2019.
Pipeline Observer: The Ludwig von Mises institute in Alabama is the world’s most popular free market think tank, promoting the “Austrian School” of economics.
Writing on the website mises.org, Jeff Deist recently added a novel perspective to the endless debate about fair treatment of Indigenous people in North America.
Deist proposed addressing the “stolen land” issue by abandoning the reservation system and ceding vast tracts of federal land to Indigenous tribes and giving them complete sovereignty. This would create “nations within a nation.”

Listen to the Audio Mises Wire version of this article. Readers of a certain generation will remember the seminal 1980s rock band X, featured in Penelope Spheeris’s great documentary The Decline of Western Civilization.  Punk and alternative bands in the Tipper Gore era struggled to get record deals, radio airplay, or even hire venues for gigs at …

Austrians will be vindicated, but will they be heard? Original Article: “Austrian Economics is No Longer the Unheard Music”

Does Carlson honestly think Republican members of Congress are overly theoretical and ideological? And here we thought they were a bunch of unprincipled and poorly-read hacks!Original Article: “Tucker Carlson’s Broadside Against Austrian Economics”

I recently saw the documentary They Shall Not Grow Old, an account by English soldiers of their experiences in the Great War of 1914-1918. Culled from hundreds of hours of colorized actual wartime footage, it’s a beautiful and heart wrenching film. It’s also a superb antiwar film, simply through its graphic and accurate depiction of mass death and casualties across blood-soaked European battlefields.
Refreshingly, the film relies solely on audio transcripts from about 200 English soldiers who fought in World War I. There is no script, and no narration. The viewer simply hears the gravelly, aged voices of the soldiers themselves, never identified by name or rank. They are anonymous, but judging by the towns from which they hailed

I recently saw the documentary They Shall Not Grow Old, an account by English soldiers of their experiences in the Great War of 1914-1918. Culled from hundreds of hours of colorized actual wartime footage, it’s a beautiful and heart wrenching film. It’s also a superb antiwar film, simply through its graphic and accurate depiction of mass …

Presidential aspirant Kamala Harris promises to compel private companies with more than 100 employees to disclose what they pay employees to the Equal Opportunity Employment Commission. Companies that don’t pay women “enough” will pay fines until they demonstrate an acceptable level of gender parity. South Bend, Indiana’s “Mayor Pete” Buttigieg thinks America needs a federal “Equality Act” to make up for past racism, sexism, and homophobia. Senator Elizabeth Warren champions direct cash payments to black Americans as reparations for slavery. And all of the 2020 hopefuls take great pains to characterize income and wealth disparity as the defining issue of our time.
The ostensible thread connecting all of these public policy ideas

Why do so many people resent capitalism, even when they benefit enormously from it? Ludwig von Mises explained so much of what still plagues us today in his underrated classic The Anti-Capitalistic Mentality. Original Article: “Envy, Inc.”

Presidential aspirant Kamala Harris promises to compel private companies with more than 100 employees to disclose what they pay employees to the Equal Opportunity Employment Commission. Companies that don’t pay women “enough” will pay fines until they demonstrate an acceptable level of gender parity. South Bend, Indiana’s “Mayor Pete” Buttigieg thinks America needs a federal “Equality …

Please help us distribute Economics in One Lesson far and wide to students across the US. From home schools and high schools to universities and graduate programs, our network of professors, teachers, student groups, business owners, supporters, and activists stands ready to blanket the country. We will put this book in the hands of thousands of …

100 years ago, Ludwig von Mises literally wrote the book on socialism. But 25 years later, in 1946, Henry Hazlitt wrote the primer. Economics in One Lesson remains a classic. It may be the most important book about economics ever written for laymen. It’s a perennial best seller in our bookstore. And it’s the first …

Hedge fund titan Ray Dalio is just the latest billionaire to call for government to save us from guys like him.   It’s not pretty. Dalio’s recent article titled “Why and How Capitalism Needs to be Reformed” is a mess, though to be clear it’s a thoroughly well-intentioned and heartfelt mess. It’s a mix of self-effacement (I’m just a …

Quantitative easing, the program of asset buying initiated by the US Federal Reserve Bank in 2008, represents the most profound monetary experiment in the history of the world. Between fall of 2008 and fall of 2014, three successive rounds of QE quadrupled the monetary base of the world’s most-used and dominant currency, from less than $1 trillion to more than $4 …

Daniel McCarthy, editor of Modern Age and editor at large for The American Conservative, recently published an essay on the Spectator USA site titled “Why Libertarians are Wrong.” It merits a response because Mr. McCarthy is friendly and sympathetic toward libertarianism, and despite the infirmities of his article ought to be seen as a fellow traveler.  The title misleads us a bit …