Audio Mises Wire Mises Institute

Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian economists, however, say that the purpose of economic theory is to explain economic events.
Original Article: What Is the Purpose of Economic Theory?
 
 

The attempt by the mainstream economics profession to create economic literacy has turned into a movement to promote economic illiteracy.
Original Article: Economic Education Has Become Economic Disinformation
 
 

In 1959, Ludwig von Mises gave lectures on economics in Argentina, where the economy was in steep decline. In the 1920s, Argentina was one of the world's wealthiest countries, but decades of Peronism and inflation started the country on the long road to poverty.
Original Article: Mises in Argentina: Lessons of the Past for Today
 
 

Like the Biden administration, the European Union elites are seeking to crush free speech on the Internet in the name of preventing “hate speech” and “disinformation.” Of course, the EU ruling classes won’t have to worry about being censored.
Original Article: How EU Law Has Made the Internet Less Free for Everyone Else
 
 

Animal control officers are supposed to, well, control animals in a municipal area. But thanks to animal control policies, it's the stray animals that are in control of our author’s town.
Original Article: Thanks to Government Animal Control, Stray Animals Rule My Neighborhood
 
 

Why have some Americans opposed this nation’s involvement in foreign wars? According to Jacob Heilbrunn of The National Interest, it is because those Americans love bloody dictators like Adolph Hitler.
Original Article: Opposing Military Intervention: Loving Dictators or Hating War?