The Mises Institute was founded in 1982 as the research and educational center of the Austrian School of economics, classical liberalism, and libertarian political theory It serves as the world's leading provider of educational materials, conferences, media, and literature in support of the tradition of thought represented by Ludwig von Mises and the school of thought he enlivened and carried forward during the 20th century, which has now blossomed into a massive international movement of students, professors, professionals, and people in all walks of life. It seeks to continue the educational work of Ludwig von Mises, Fredric Hayek and Murray Rothbard in the hopes of creating a freer, more prosperous world for every individual.
The Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. These great thinkers developed praxeology, a deductive science of human action based on premises known with certainty to be true, and this is what we teach and advocate. Our scholarly work is founded in Misesian praxeology, and in self-conscious opposition to the mathematical modeling and hypothesis-testing that has created so much confusion in neoclassical economics.
Founded in 1982 by Llewellyn H. Rockwell, Jr., with the blessing and aid of Margit von Mises, Murray N. Rothbard, Henry Hazlitt, and Ron Paul, the Institute seeks a free-market capitalist economy and a private-property order that rejects taxation, monetary debasement, and a coercive state monopoly of protective services.
Non-political, non-partisan, and non-PC, the Institute works with students and scholars from many countries, and reaches out to business leaders, professionals, and everyone else interested in our mission. 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.
For scholars worldwide, the Mises Institute offers fellowships, research grants, opportunities to publish in scholarly journals, academic conferences, access to our extensive libraries, and more.
Helping students discover the economics of freedom, and inspiring them to go on to teach at the university level, is a priority for us. Since 1986, the Institute has held Mises University, a summer school for students from all over North America and the world. For more than fifteen years, we’ve offered the Rothbard Graduate Seminar, an in-depth seminar for graduate students. In total, we have provided 10,000 students at more than 1,000 colleges and universities with financial aid ranging from one-year book scholarships to full multi-year PhD fellowships.
For laymen, the Institute offer numerous publications, seminars, online classes through Mises Academy, videos and daily commentary on timely issues.
The Mises Institute has 350-plus faculty members working on one or more academic projects. The Institute has held more than 1,000 teaching conferences and seminars on subjects from monetary policy to the history of war, as well as the international and interdisciplinary Austrian Economics Research Conference.
From these programs, the Institute has sponsored many books and hundreds of scholarly papers, in addition to thousands of published popular articles on economic and historical issues.
The Mises Institute publishes books by Ludwig von Mises and other new and old works by Austrian economists and historians, maintains the complete Mises bibliography, manages the archives of Murray N. Rothbard, and publishes periodicals, including an academic journal and a scholarly review of literature. The in-house Massey and Ward Libraries are a multilingual collection of more than 40,000 volumes, including Rothbard’s personal library, which makes it one of the most extensive specialized collections of its kind in North America.