The Morality of Fiat Money
[Excerpted from chapter 13 of Guido Hülsmann's The Ethics of Money Production (2008).] 8. Some Spiritual Casualties of Fiat Inflation Fiat inflation constantly reduces the purchasing power of money. To...
View ArticleThe Cure for Poverty
[Chapter 20 of The Conquest of Poverty, 1996.] The theme of this book is the conquest of poverty, not its "abolition." Poverty can be alleviated or reduced, and in the Western world in the last two...
View ArticleIntellectuals and the Marketplace
[Chapter 3 of Classical Liberalism and the Austrian School. This chapter is adapted from a paper delivered at the general meeting of the Mont Pèlerin Society, in Cannes, September, 1994.] Bankrolling...
View ArticleRothbard A to Z
Compiled by Edward W. FullerEdited with an Introduction by David Gordon Are you a Murray Rothbard fan? Do you love his writing? His clarity and style? His razor-sharp economic analysis? His penchant...
View ArticleWhat We Know and What We Don't Know about the Firm
[This is a chapter from The Problem of Production: A New Theory of the Firm.] This book is about what is generally referred to as the ‘firm’, a phenomenon in the market that appears obvious but that...
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Private Property, Public Purpose
[Chapter 19 of The Conquest of Poverty (1996)] The socialists and communists propose to cure poverty by seizing private property, particularly property in the means of production, and turning it over...
View Article100% Money
Endorsed by F. A Hayek, it is one of the most important works on 100 percent banking ever written. Perhaps today's economists at the Fed should take a look. From the preface to the first edition: The...
View ArticleOn Money
Translated from the Italian Della Moneta (1751) by Peter R. Toscano (1977). From Wikipedia: Summary Della Moneta is divided into five sections, covering what are still seen today as the standard...
View ArticleA Man for Many Seasons
Henry Hazlitt, author, journalist, editor, reviewer, economist, has written or edited 18 books and countless articles, columns, editorials, and book reviews. He has gained renown in at least three...
View ArticleConceived in Liberty, Volume 5: The New Republic: 1784–1791
Murray Rothbard was not just a remarkable economist and political thinker, but one of the best revisionist historians of the twentieth century. One of his greatest career accomplishments was Conceived...
View ArticleA Torrent of Laws
All over the United States, if you are reading this in a daylight hour, there is a ceaseless downpour of new laws. Every day some of us, somewhere, are being encumbered or shackled by still more...
View ArticleMarxism and the Manipulation of Man
It is an astonishing fact that a philosophy like Marxism, which attacks the whole social system, remained for many decades more or less unattacked and uncontested. Karl Marx was not very well known in...
View ArticleAgainst the Left
Against the Left explores something basic to libertarianism that many people today have forgotten. As everyone knows, libertarians view the State and the individual as fundamentally opposed. People who...
View ArticleAnatomy of the Crash
From the preface: "End the Fed!" Three small words became one of the most improbable and powerful political chants in modern politics thanks to the presidential campaigns of Dr. Ron Paul. With the...
View ArticleVices are NOT Crimes
Introduction by Murray Rothbard: We are all indebted to Carl Watner for uncovering an unknown work by the great Lysander Spooner, one that managed to escape the editor of Spooner's Collected Works....
View ArticleWhy Do So Many Intellectuals Hate Free Markets?
[This article is excerpted from chapter 3 of Classical Liberalism and the Austrian School. Footnote numbering differs from the original.] Hayek on the Intellectuals and Socialism F.A. Hayek was acutely...
View ArticleNation, Migration, and Trade: Essays on Mises and the Classical Economists
1. Mises on Nationalism, the Right to Self-Determination, and the Problem of Immigration 1. Introduction In the current discussion about immigration, Ludwig von Mises is often invoked by libertarians...
View ArticleThe Imposers and the Imposed Upon
[Excerpt from a talk by the same name delivered at the Mises Institute’s annual Supporters Summit, Jekyll Island, Georgia, October 9, 2020.] I’d like to talk to you this afternoon about two classes of...
View ArticleThe Great Fiction
Expanded Second Edition Foreword by Jeff Deist Congratulations! You hold in your hands one of the best collections of essays from one of the most vital and challenging thinkers on the planet. This book...
View ArticleEconomy, Society, and History
[epub edition forthcoming.] In June 2004, Professor Hoppe visited the Mises Institute in Auburn to deliver an ambitious series of lectures titled Economy, Society, and History. Over ten lectures, one...
View ArticleCronyism: Liberty versus Power in Early America, 1607–1849
From the Introduction to Cronyism: Liberty versus Power in Early America, 1607–1849. The present book is an economic and political history of early America, describing government policies and their...
View ArticleWar and the Money Machine: Concealing the Costs of War beneath the Veil of...
In every great war monetary calculation was disrupted by inflation. … The economic behavior of the belligerents was thereby led astray; the true consequences of the war were removed from their view....
View ArticleUnderstanding Money Mechanics
This book provides the intelligent layperson with a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States. Although the author...
View ArticleDefending Liberty: Essays in Honor of David Gordon
From the Introduction... The American notion [is] that the end of government is liberty, not happiness, or prosperity, or power, or the preservation of an historic inheritance, or the adaptation of...
View ArticleHow to Think about the Economy: A Primer
From the Preface ... This little book was written to accomplish something big: economic literacy. It is intentionally kept very short to be inviting rather than intimidating, as economics books...
View ArticleBreaking Away: The Case for Secession, Radical Decentralization, and Smaller...
Breaking Away differs from countless other books on secession and decentralization in that it considers examples and benefits of secession and radical decentralization in a much broader historical,...
View ArticleThe Global Currency Plot
—from the Summary ... Democratic socialism—the ideology that dominates the world today—aspires to become a world state. The route toward it requires a single world currency to be created. That would...
View ArticleA Strange Liberty: Politics Drops Its Pretenses
A Strange Liberty argues persuasively that the faith in democracy as a force for internal peace and dependable constitutional restraints has not worked. Instead, we are left with centralized tyrannies,...
View ArticleA Collection of the Political Writings of William Leggett, Two Volumes
A Collection of the Political Writings of William Leggett, selected and arranged, with a preface, by Theodore Sedgwick, in two volumes. (1839) This collection provides important example of populist...
View ArticleThe Progressive Road to Socialism
There has been a radical change in the social and political landscape in this country, and any person who desires the victory of liberty and the defeat of Leviathan must adjust his strategy...
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