Eugenics has haunted the social sciences for the better part of two centuries. Historically, as a social movement, its most ardent advocates were the progressives, while in economics its most famous champion was John Maynard Keynes . Recently, the history of the eugenics movement has been studied in detail in Thomas Leonard’s masterpiece,
Hope is in short supply these days, while despair and hate are enjoying an enormous surplus. To give an example, there are currently two types of stories that fill my news feed. The first are about politics and the perpetual horrors it unleashes on the world: there’s a new scandal every day, and war, protectionism, and nationalism are on the rise,
The current Liberty Matters debate on the work of Israel Kirzner offers some fascinating insights into the modern history of Austrian economics. It’s particularly valuable because it highlights the numerous strands of Austrian research that have developed from the writings of Menger and his followers, especially from Mises . Contrary to popular
Fans have been wondering for years if Valve will ever produce a new entry in the enormously successful Half-Life franchise. Questions about the existence of a new Half-Life project have even become something of a joke in the game industry. Yet as the years drag on, the possibility of a sequel grows less and less likely. But now, for the first
The growth of US military power has rarely, if ever, been the result of legitimate concerns about defensive strategy, let alone about the national welfare. Instead, it’s more often a consequence of a waste, corruption, and imperial ambition that together have produced the modern military-industrial complex. This history receives some well-deserved
Donald Trump’s airstrikes in Syria are tragic proof that he is just as eager to wage actual warfare as he is to wage economic warfare. Yet there should be nothing surprising about his recent attacks. Military intervention does not represent a reversal of Trump’s deeply-held values (if he has any), nor is it a subversion of good intentions by
The Daily Mail reports that an 18-month publicity campaign to encourage women to join the Royal Marines has ended after managing to recruit just one candidate to its elite training program. The campaign was a follow-up to David Cameron’s decision a year ago to lift the ban on women serving in close-combat roles. It’s unclear how much the campaign
Nobel Laureate Kenneth Arrow has passed away at the age of 95. There are few people who can lay claim to a more profound influence on 20 th -century economics. In fact, Arrow was the mainstream economist par excellence, contributing to many fields over the course of an almost seventy-year career. He will likely be remembered mainly though as a
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.