Much of the developed world is slipping into a hyperregulated malaise. Growth rates are down across most major economies, and the developing countries are catching up to our errors almost as fast as they are growing. Increasingly, even in the US you would have to

Milton Friedman: The Last ConservativeBy Jennifer BurnsFarrar, Straus and Giroux, 2023; x + 587 pp. Imagine that you come across this about the “education premium” on someone’s blog: “By going to college, you are more than tripling your chances for success in after life.” The statement

Welcome to the first issue of The Misesian. We’ve decided to rename The Austrian magazine The Misesian to emphasize how Ludwig von Mises remains at the center of everything that that is today called the Austrian School of economics. When the Mises Institute was founded more than

The Misesian (TM): The economics behind gift giving and charity have long been a neglected topic among researchers and economists. What prompted you to launch your own investigation into the topic? Jörg Guido Hülsmann (JGH): The economic literature on gifts is actually quite massive, but it’s

Guido Hülsmann’s Abundance, Generosity, and the State provides readers with an explanation of the nature and causes of gratuitous goods. Hülsmann demonstrates how free markets are infused with both intentional and unintentional gratuity, and how the repressive and permissive interventions of the modern state lead

Reports on the death of the present cycle of politically motivated monetary easing, in the words of Mark Twain, grossly exaggerated. Contemporary market analyses are full of how the Fed and ECB are dialing back on previous hints of Spring 2024 rate cuts. In tune

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Americans across the board have routinely spoken for term limits. Recently, however, this has been most common among Republican politicians. On January 29, Ron DeSantis announced his legislative priorities over social media as he found himself no longer focused on a presidential campaign, and his