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Glossary

Friday, September 16, 2011

Mises Institute

 

The Ludwig von Mises Institute is the leading research and educational center of classical liberalism and Austrian economics in the entire world. It is on the cutting edge of the Internet Reformation and growth continues at an extraordinary rate.

The Institute was founded by free-market thinkers Llewelyn Rockwell and Murray Rothbard and promotes the intellectual economic tradition of Ludwig von Mises and the Austrian School of economics. The stated purpose is to advance Austrian economics and social science in the Misesian tradition by advocating the benefits of a market economy, private property, sound money and peaceful international relations.

The Austrian School of economics accounts for human choice in a free-market setting, celebrates the productive power and freedom of capitalism and views government intervention as economically and socially destructive. Today, the Institute and its affiliated website, LewRockwelll.com, have literally thousands of formal contributors and adherents.

The Mises.org website receives over 20 million page hits per month, according to insiders. In addition to the website, the organization publishes the Free Market on a monthly basis and also The Quarterly Journal of Austrian Economics. Also, the Mises Academy promotes the teaching of liberty using digital media.

The greatest success to date of the Mises Institute has probably been the Mises University summer schools held annually since 1984. Over 10,000 students from more than a thousand colleges around the world have participated in these annual educational events.

The Mises Institute reports it has more than 250 faculty members working on academic projects which benefit liberty and free-market solutions while helping to promote Austrian economics in thousands of published articles on a worldwide basis.

The Institute was founded in October of 1982 after Ludwig von Mises's widow gave her approval to Lew Rockwell to found the institute.

Most freedom loving Americans and others around the world battling big government, central banking cartels and neocon foreign policies benefit from the research and intellectual ideas of the Institute. All freedom lovers owe a debt of gratitude to the hard work of Rockwell and the Mises Institute for reigniting the science of free-market thinking via the Austrian school.

The Mises Institute and its affiliates remain the "principled opposition."


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