Mises Institute [Ludwig von Mises Institute for Austrian Economics]

SOURCE:  Wikipedia, captured 2020-08-06

  • Founders: Lew Rockwell  |  Murray Rothbard  |  Burton Blumert  |  Henry Hazlitt
  • Established: 1982
  • Focus: Economics education  |  Austrian economics  |  neolibertarianism
  • Faculty: 350+
  • Staff: 21
  • Key people: Lew Rockwell (Chairman)  |  Jeff Deist (President)  |  Joseph Salerno (Editor Quarterly Journal of Austrian Economics)
  • Revenue (FYE 2017): $4,200,056
  • Expenses (FYE 2017): $4,165,289
  • Location: Auburn, Alabama, United States
  • Website: Mises.org
  • See also:  Ludwig von Mises Institute of Canada


    The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a nonprofit think-tank located in Auburn, Alabama, United States. It is named after Austrian School economist Ludwig von Mises (1881-1973).

    The Mises Institute was founded in 1982 by Lew Rockwell, Burton Blumert, and Murray Rothbard following a split between the Cato Institute and Murray Rothbard, who had been one of the founders of the Cato Institute.

    The Mises Institute was funded by Ron Paul, a Senior Fellow of the Mises Institute. Ron Paul regularly voted against almost all proposals for new government spending, initiatives, or taxes; he cast two thirds of all the lone negative votes in the House during a 1995–1997 period. Ron Paul pledged never to raise taxes[156] and states he has never voted to approve a budget deficit. Paul believes that the country could abolish the individual income tax by scaling back federal spending to its fiscal year 2000 levels;[157][158] financing government operations would be primarily by excise taxes and non-protectionist tariffs. He endorses eliminating most federal government agencies, terming them unnecessary bureaucracies. ... [Source: Wikipedia.]

    Background and location

  • Further information: Split among the contemporary Austrian School

    The Ludwig von Mises Institute was established in 1982 in the wake of a dispute which occurred in the early 1980s between Murray Rothbard and the Cato Institute, another libertarian organization co-founded by Rothbard.

    Early after its founding, the Mises Institute was located at the business department offices of Auburn University, and relocated nearby to its current site in 1998. "Southerners have always been distrustful of government," making the South a "natural home" for the organization's libertarian outlook.

    Views espoused by founders and organization scholars

    In a 2006 article published on the Wall Street Journal's website, Kyle Wingfield credited the Mises Institute for helping make the "Heart of Dixie a wellspring of sensible economic thinking."

    The Mises Institute is founded in Misesian praxeology ('the logic of action'), that holds that economic science is a deductive science rather than an empirical science. Developed by Ludwig von Mises, following the Methodenstreit opened by Carl Menger, it is a self-conscious opposition to the mathematical modeling and hypothesis-testing used to justify knowledge in neoclassical economics. Externally, this economic method usually is considered a form of heterodox economics.

    American Civil War and the Confederacy

    A 2000 "Intelligence Report" by the Southern Poverty Law Center, categorized the Mises Institute as Neo-Confederate, "devoted to a radical libertarian view of government and economics."

    Publications, conferences, activities and awards

    The Mises Institute makes available a large number of books, journal articles, and other writings online, and archives various writings on its website. Its Quarterly Journal of Austrian Economics discusses Austrian economics. It published the Journal of Libertarian Studies from 1977 to 2008.

    Notable scholars

    Noted scholars include:


    The Mises Institute has been criticized by some libertarians for the adoption of paleolibertarian [a political philosophy and variety of right-libertarianism developed by American anarcho-capitalist theorists Murray Rothbard and Lew Rockwell that combines traditional conservative cultural values and social philosophy with a libertarian opposition to government intervention] and right-wing cultural views by some of its leading figures, on topics such as race, immigration, and the presidential campaign of Donald Trump.

    In 2003, Chip Berlet of the Southern Poverty Law Center (SPLC), an American nonprofit legal advocacy organization specializing in civil rights and public interest litigation, described the Mises Institute as "a major center promoting libertarian political theory and the Austrian School of free market economics," also noting Rothbard's opposition to child labor laws and the anti-immigrant views of other Mises Institute scholars.

    Ludwig von Mises Institute of Canada

  • Facebook: Ludwig von Mises Institute of Canada
  • Founded: 2010-11 as the Canadian counterpart to the American Ludwig Von Mises institute (LvMI), to spread knowledge of the Austrian School of Economics to Canada.
  • Type: nonprofit organization.
  • Mission: It is the mission of the Mises Institute of Canada to educate the public to the importance of placing human choice at the center of economic theory, to encourage a revival of critical historical research, and to advance the Misesian tradition of thought through the defense of the market economy, private property, sound money, and peaceful international relations.
  • Website: https://mises.ca/ -- now a gambling website [French; English version, via Google Translate (viewed 2020-08-06)]
  • Funding:  What Does the Canadian Taxpayers Federation Get From Its Right-Wing US Partner?

  • ... Slut-shaming has been used as a form of bullying on social media, with some people using revenge pornography tactics to spread intimate photos without consent. ... James Miller, Editor-in-Chief for the Ludwig von Mises Institute of Canada, wrote a controversial article defending slut shaming. The article was later taken down, but still received criticism from some libertarians, such as Gina Luttrell of Thoughts on Liberty, an all-female libertarian blog.

  • 2010 Toronto municipal election:  [non-elected candidate, badly-trailing] Redmond Weissenberger, Director at Ludwig von Mises Institute of Canada, a libertarian think tank.

    Return to Persagen.com