Mises Institute

Hayek for the 21st Century: Essays in Political Economy brings together Friedrich Hayek’s most powerful essays on the knowledge problem, competition, socialism, and honest money—showing why his ideas are more relevant today than ever. From his devastating critiques of central planning to his insights on decentralized knowledge and market signals, Hayek dismantles the myths of state control with clarity and force. These essays offer essential tools for understanding liberty, spontaneous order, and the perils of political overreach. Narrated by Bill Anciaux.

The recent assassination of Charlie Kirk has focused attention on political violence. Ludwig von Mises, not surprisingly, understood that tying morality to politicized state helps create the climate where political violence is prevalent. Original article: https://mises.org/mises-wire/mises-separating-morality-and-state

During the Middle Ages, taxation was considered to be appropriate only as an extreme measure in times of emergency, and as a last resort. Kings were expected to subsist on revenues from their own private property. Original article: https://mises.org/mises-wire/why-taxes-were-so-hated-middle-ages

Leftists seek to create a new society that supposedly is peaceable. However, they also celebrate violence done against political opponents, something that Murray Rothbard understood as undermining every supposed peaceful goal they claim to be pursuing. Original article: https://mises.org/mises-wire/individualism-and-violence-identitarian-left

On the latest episode of Minor Issues, Mark Thornton uses vitamin K2 (MK-7) as a case study in how technocracy goes wrong, elevating cutting-edge findings and bureaucracy over experience, incentives, and real-world diets. Mark explains why K2 is linked in emerging research to bone health, arterial calcification, and even neurodegenerative conditions, and highlights a paradox: many food sources rich in K2 (beef, eggs, butter, chicken liver, European cheeses, salami) are officially discouraged, while “approved” sources (natto, kefir, sauerkraut) are niche. The takeaway isn’t medical advice, it’s a critique of a compliance-driven health regime that sidelines decentralized knowledge and choice. Be sure to follow Minor Issues at https://Mises.org/MinorIssues

A long-enduring myth about money is that we need a flexible or “elastic” currency for the economy to grow. Economist Jonathan Newman joins us to talk about why this has never been true. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation. Original article: https://mises.org/mises-wire/inflation-and-economic-growth

Advocates for US military intervention have invoked the war against the Barbary pirates as justification. Yet, an examination of that conflict shows that President Jefferson’s actions were limited and followed the direction of Congress. Original article: https://mises.org/mises-wire/jeffersons-war-barbary-pirates-unjustified-password-military-intervention

On this episode of Power and Market, Ryan, Tho, and Connor look at the news this week, including the escalation of threats to turn federal troops onto blue states, criminal charges for former FBI Director James Comey, and yet another government shutdown. There’s still time to join the 2025 Mises Institute Supporters Summit in Delray Beach, Florida. Learn more here: https://mises.org/events/supporters-summit-2025

Was Jackson’s victory over the Second Bank of the United States a triumph for liberty, or did it merely expand federal authority under the guise of constraining it? His legacy is complicated, but there is much we can learn from it. Original article: https://mises.org/mises-wire/complicated-legacy-andrew-jacksons-bank-war