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We’ll be regularly updating you on upcoming talks and events all week during Mises University beginning Sunday evening. See here for the free live video feeds, and the Twitter feed, and the Instagram feed.

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Photos from Today’s Inflation Seminar

Inflation: Causes, Consequences, and Cure. A seminar for High School and College Students




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Tomorrow: An Inflation Seminar for High School and College Students

unnamedOnline and at The Mises Institute:
Inflation: Causes, Consequences, and Cure. A seminar for High School and College Students

Register  here. 

One of the easiest ways for the state to take our money is to inflate away the value of the money we already hold. When governments and central banks work together to create more paper money, the state’s friends and allies benefit while everyone else who holds the now-devalued currency suffers.

In this new seminar for college and high school students from the Mises Institute, our scholars will help students understand the state’s motivation to inflate the currency while examining the many effects of this backdoor method of taxation.

From hyperinflation, to disruption of entrepreneurial planning, to income inequality and to wealth destruction, students will leave this seminar with a detailed and timely knowledge of the way that inflation is being used worldwide to enrich governments and impoverish private citizens.

Attendance is open to homeschool, public, or private high school students and their chaperones or teachers, and college students. Through the generosity of one of our donors this seminar is free to everyone. To attend the live sessions, at the Mises Institute in Auburn, Alabama, fill out the registration form at the bottom of this page. In addition, all of the sessions will be broadcast live andcan be viewed either from the homepage of or through the Mises Academy on the day of the event.  Special thanks to an anonymous donor for making this event possible.

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Today: Lew Rockwell on the Ben Swann Radio Show

Lew Rockwell writes:

I’ll be on Ben’s radio show from 11:00am-noon central time today.

New Spanish-language Translations

The good people at Instituto Mises Hispano often translate Mises Daily articles into Spanish.

Here are some recent additions for our Spanish-speaking friends:

El euro no está sobrevalorado (ni ninguna otra divisa) by Frank Hollenbeck

¿Por qué la nostalgia de una vieja economía comunista? by Predrag Rajsic

El efecto riqueza: Una creencia en la paradoja del ahorro by Chris Casey

Maquiladoras: Una salida de la pobreza by Benjamin Powell

Dinero fiduciario y ciclos económicos en mercados emergentes by Roger McKinney

Intellectual Property and Entrepreneurship in March’s ‘The Free Market’

marfmThe March issue of The Free Market is now online featuring David Gordon’s new review of Butler Shaffer’s A Libertarian Critique of Intellectual Property:

Butler Shaffer’s superb new monograph offers an easy way to unravel the IP puzzles. He starts from a fundamental prin­ciple basic to libertarianism and explains how the implications of this principle shed light on IP issues.

What is this principle? It is that rights stem from “the informal processes by which men and women accord to each other a respect for the inviolability of their lives”… In adopting this stance, Shaffer puts himself at odds with much that passes in our day for wisdom among professors of law.

And Peter Klein discusses how the entrepreneur is at the center of what drives economic growth:

Markets aren’t static, lifeless mathematical constructs but lively, vigorous spaces where people interact and coordinate. Firms, markets, and industries don’t just come into existence by themselves, they have to be created and operated by real people with real responsibility. These people are entrepreneurs, what Mises called the “driving force” of the market economy.

Also in this month’s issue is a wide variety of scholar and alumni notes, and news from the Mises Institute including Gary North’s donation of his 10,000 books, and more.


Apply to Attend Mises University 2014

2013_MU_Group_captionedSMThe deadline for scholarship applications is April 8.

The Mises University is the world’s leading instructional program in the Austrian School of economics. Since 1986, it has been the essential training ground for economists who are looking beyond the mainstream.
The program offers courses, seminars, and reading groups on the whole range of the discipline. A core curriculum presents economic foundations, and more than fifty elective classes explore the entire range of economics, in all levels of advancement.

To apply for a student scholarship, go to the Mises University Application Page in the Mises Academy. You will need to take 1-2 minutes to create a free Mises Academy username if you do not already have one. Once on the application page, you can complete the application form and submit the required documents using the simple upload feature.


95,000 now like us on Facebook. If we’re not already in your Facebook news feed, you can help us get to 100,000.

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The AERC Is Less Than a Month Away

AERC2014The Austrian Economics Research Conference, the international, interdisciplinary meeting of the Austrian School, begins on March 20th and lasts for three days of lectures, break-out sessions, and discussion.

If you’re looking to get up-to-date on the latest research and scholarship in the Austrian school, this is the place to be. The AERC brings together more Austrians in one place than any other event, so whether you’re working on a new book or article in the Austrian tradition, looking for new research ideas, needing to meet with some Austrian scholars and writers, or just wanting to learn more about the Austrian school, the AERC will get you connected.

The Mises Institute is 90 minutes from the world’s busiest airport (more than 260,000 passengers per day), so it’s pretty easy to get here.

Register now.

Named lectures include:
Ludwig von Mises Memorial Lecture, Sponsored by James Walker: J. Huston McCulloch “Misesian Insights for Modern Macroeconomics”
Murray N. Rothbard Memorial Lecture, Sponsored by Helio Beltrao: Peter Klein
F.A. Hayek Memorial Lecture, Sponsored by Butler Shaffer: Ed Dolan
Henry Hazlitt Memorial Lecture, Sponsored by James Rodney: James Grant
Lou Church Memorial Lecture, Sponsored by the Lou Church Foundation: Andrew P. Napolitano

The New Mises Store Is Now Open

logoThe new improved Mises Store is now open, and it’s easier to navigate than ever. Those who are new to Austrian economics can use new tabs such as “For Beginners” and “The Framework” tab that will guide you through the foundational texts of Austrian economics. The new site will also help you keep track of the latest new releases, what’s popular, and what’s a bargain.

We are often asked why people should buy form the Mises Store when so many items are also available elsewhere online.

By purchasing books, apparel, and other items through our store, you help the Mises Institute with its mission of advancing Austrian economics, freedom, and peace.

Purchases through our book store help us publish new books, and they ensure that many libertarian and Austrian books remain in print and easily available.

The Mises Institute wants to make sure that there will always be a place online where readers, researchers, and scholars can go that is devoted to promoting and making available the best in Austrian and libertarian scholarship. You help with this every time you make a purchase. Because the Mises Institute is a nonprofit organization, all proceeds from bookstore sales directly support our work on behalf of liberty.

Walter Block to Speak at Columbia University

Thursday, March 27, 8:30pm
312 Mathematics Building, Columbia University (entrance at 116th and Broadway)
Professor Walter Block will be coming to Columbia University on March 27th and 28th. He will give two very different speeches: One about historical heavyweights of economics, and one about a current controversy which Dr. Block still finds himself in, thanks to the NY Times.
The first talk: ”Adam Smith, F.A. Hayek, Ludwig von Mises”
Thursday, March 27, 8:30pm
The second talk: ”Me and the NY Times”
Friday, March 28, 7:30pm

Deadline is Tonight: Mises Summer Fellowships

unnamedApply Now for a Mises Summer Fellowship

The Mises Institute is now accepting applications for 2014 Summer Fellowships in residence for graduate students, ABDs, and post-docs interested in academic research in Austrian economics and related academic and professional disciplines. A limited number of fellowships are available to exceptional undergraduates who have attended Mises University.

These summer fellowships offer a unique opportunity for students to research and write in a particular area of specialization, under the direction of Mises Institute faculty. Conditions of fellowships vary, and can include accommodations in Auburn, study space, directed research, access to the libraries of the Mises Institute and Auburn University, admission to summer conferences, and a stipend.

Application Deadline is February 17, 2014

Fellowships run from late May until early August. For application instructions, go to Applications received after February 17 will be considered, as space permits.

Mises Blog Comment Boxes Are Open Again

As you may have noticed we’ve made some changes at the Mises Blog with a new title, new bloggers, and more content. We made some administrative changes and took the comment boxes offline for a while. Com boxes are now open on new posts if the author of the post chooses to activate the comment box. Anyone who registers with the site (over on the right) should be able to comment.

The comment boxes for Mises Daily articles are open as always.

James Grant and Judge Napolitano at 2014′s Austrian Economics Research Conference

The AERC is coming March 20-22.

This year’s named lecturers are:

Ludwig von Mises Memorial Lecture: J. Huston McCulloch
Murray N. Rothbard Memorial Lecture: Peter Klein
F.A. Hayek Memorial Lecture:  Ed Dolan
Henry Hazlitt Memorial Lecture: James Grant
Lou Church Memorial Lecture: Judge Andrew P. Napolitano

Submissions are still being accepted. Click here to submit your paper.


The Mises Institute at Google+

If you’re a Google Plus person, be sure to join the other 5,000 readers who are following our updates at our Google+ site.

(Thanks to Chris Rossini.)

Watch the Houston Mises Circle LIVE This Weekend

Mises Institute will be live-streaming The Southwest Regional Mises Circle in Houston on Saturday, January 18, FREE at YouTube.Here are the scheduled speakers. All times are Central time: The Police State: Know It When You See It

10:00 a.m. Lew Rockwell Welcome
Jeff Deist 10:15 a.m. Jeff Deist What Happened to “Peace” Officers?
Tom Woods 10:45 a.m. Tom Woods The Economics of the Police State
Lew Rockwell 11:45 a.m. Lew Rockwell American Fascism
Ron Paul 1:30 p.m. Ron Paul Do We Live in a Police State?
2:30 p.m. Speaker Panel Q&A

Special thanks to Christopher P. Condon, Terence Murphree, and TJ & Ida Goss for making this event possible.

For archived recordings of other similar seminars, visit


ASSC Reminder

ASSCLogoThe tenth annual ASSC is taking shape. Of the nearly twenty accepted proposals, we have a student from Harvard who will rebut criticisms of Austrians and another from Tbilisi, Georgia who will discus free-market health care. With Tom Woods and Nikolay Gertchev as keynote speakers, the conference can’t help but be a sensation. Details follow:

Grove City College will host the tenth annual Austrian Student Scholars Conference, February 7-8, 2014. Open to undergraduates and graduate students in any academic discipline, the ASSC will bring together students from colleges and universities across the country and around the world to present their own research papers written in the tradition of the great Austrian School intellectuals such as Ludwig von Mises, F.A. Hayek, Murray Rothbard, and Hans Sennholz. Accepted papers will be presented in a regular conference format to an audience of students and faculty.

Keynote lectures will be delivered by Drs. Tom Woods and Nikolay Gertchev.

Cash prizes of $1,000, $750, and $500 will be awarded for the top three papers, respectively, as judged by a select panel of Grove City College faculty. Hotel accommodation will be provided to students who travel to the conference and limited stipends are available to cover travel expenses. Students should submit their proposals to present a paper to the director of the conference ( by January 6. To be eligible for the cash prizes, finished papers should be submitted to the director by January 20.

The December Issue of ‘The Free Market’ Is Now Online

Picture1The December issue of The Free Market, the Mises Institute’s monthly, is now online. (A subscription is included with membership.)

This month, Lew Rockwell discusses the future of the Mises Institute as an institution of higher learning:

I think the Mises Institute represents the future of higher education. There has been so little innovation in the mainstream higher education industry. Peter Klein points out that colleges and universities still use the same production model that Aristotle used. … There are, of course, different ways to do this, and the Mises Institute is at the cutting edge of those different ways.

But there’s another way to do it, and as we see with the online courses of MisesAcademy, and with our in-person programs such as Mises University and the Rothbard Graduate Seminar, there is much greater respect for the student and his or her time. Depending on the program, students can complete them quickly, often on a schedule tailored to the student’s needs, and the Mises Institute then issues certificates to those who successfully finish the programs.

Meanwhile, we’re finding that employers are often treating these certificates as something equivalent to college credit when considering employment for our alumni. This makes sense, of course, since the Mises Institute teaches students how to really engage in economic reasoning and to think like someone who truly understands economics—the type of real economics described by Mises.

And Jeffrey Herbener and Shawn Ritenour recount the contributions of historian and biographer Mary Sennholz:

After the war, she was part of Adlai Stevenson’s committee of American officials in London working to establish the United Nations. She resigned in 1947 to join Leonard Read at the Foundation for Economic Education. Her admiration for the founder of FEE was clear. In the forward to her biography, Leonard Read: Philosopher of Freedom, published in 1993, she wrote, “Leonard Read, the offspring of New England pioneers, was to become the leader who, at a crucial moment in American history, rallied the demoralized and tired forces of individual freedom and the private property order …”

In her work, she rubbed shoulders with Frank Chodorov, Baldy Harper, Henry Hazlitt, Israel Kirzner, Edmund Opitz, Gary North, Benjamin Rogge, and Murray Rothbard among others.

Also included this month is the 2013 Year in Review, featuring news of the Mises Institute’s new president, Jeff Deist, plus a quick retrospective on the year’s events, seminars, classes, and new scholars.

Read the full issue here.

Jeff Deist Joins the Mises Institute as its New President

deist_jeffJeff Deist has joined the Mises Institute as President, following many years as an advisor to Ron Paul and as a tax attorney specializing in mergers and acquisitions for private equity clients.

Jeff was Congressman Paul’s chief of staff during the 2012 election, and his press secretary in  Congress from 2000 to 2006. He and his wife, Paula, have two children, 8 and 4.

“Jeff is a great fit as someone who knows Austrian economics, and he’s a great speaker, leader, and fundraiser,” said outgoing president Lew Rockwell, who remains actively engaged as the
Institute’s Chairman and CEO. “Our movement’s amazing growth in recent years brings with it
many new opportunities, and it also brought many new attacks from the friends of the regime. Jeff
comes to us already equipped to handle all of that quite well.”

Deist arrived at the Mises Institute campus in Auburn last month, and has already assumed the role
of President. “Ron Paul’s congressional staff viewed the Mises Institute as our intellectual home,”
Deist stated. “We applied Austrian principles and scholarship to virtually everything Ron did as a
member of Congress. I’m honored to join an organization Ron has enthusiastically supported from
the very beginning, and excited about dedicating myself to furthering the Austrian message.”


Be sure to look for our full interview with Jeff in the upcoming January edition of The Free Market.