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src="https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-11/AdobeStock_Disparate%20impact.jpeg.webp?itok=DFhLJdm7" width="870" height="489" alt="Disparate impact" title="Disparate impact" /> </div> </div> </a> </section> <section class="col-span-12 flex flex-col body-section"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/disparate-impact-legal-trick" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Disparate Impact Is a Legal Trick</a> </h2> <div class="font-myriad text-base my-3.5 teaser" > <div><p>By misusing statistics, the government claims that racial disparities are always caused by racial discrimination and that these disparities can only be rectified by state-directed outcomes. However, government programs have made things much worse.</p></div> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-23T06:00:00Z">11/23/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"> <a href="/mises-wire" hreflang="en">Mises Wire</a> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/wanjiru-njoya" hreflang="en">Wanjiru Njoya</a></span> </div> </section> </article> </div> </div> <div class="view-latest-articles__row"> <div class="article-row"> <article data-component-id="mises:card-image-title-teaser-latest-4-mises-wire-articles" class="grid gap-2 grid-cols-12"> <section class="col-span-12 flex relative image-section"> <a href="/mises-wire/liberty-squandered-english-tradition-magna-carta-empire" class="max-w-full w-full"> <div class="border-t-4 lg:border-t-8 border-misesBlue border-top-style: solid relative"> <div> <img loading="eager" src="https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-11/AdobeStock_King%20John%20Magna%20Carta.jpeg.webp?itok=nNyW8Zrf" width="870" height="489" alt="King John Magna Carta" title="King John Magna Carta" /> </div> </div> </a> </section> <section class="col-span-12 flex flex-col body-section"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/liberty-squandered-english-tradition-magna-carta-empire" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Liberty Squandered: The English Tradition from Magna Carta to Empire</a> </h2> <div class="font-myriad text-base my-3.5 teaser" > <div><p>Now threatening citizens for what they post online, one would hardly believe that England had once possessed a hard-won tradition of limited government and natural rights. </p></div> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-23T06:00:00Z">11/23/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"> <a href="/mises-wire" hreflang="en">Mises Wire</a> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/vibhu-vikramaditya" hreflang="en">Vibhu Vikramaditya</a></span> </div> </section> </article> </div> </div> <div class="view-latest-articles__row"> <div class="article-row"> <article data-component-id="mises:card-image-title-teaser-latest-4-mises-wire-articles" class="grid gap-2 grid-cols-12"> <section class="col-span-12 flex relative image-section"> <a href="/mises-wire/distress-commercial-real-estate-bonds-hits-all-time-high" class="max-w-full w-full"> <div class="border-t-4 lg:border-t-8 border-misesBlue border-top-style: solid relative"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-11/AdobeStock_Commercial%20real%20estate.jpeg.webp?itok=0dR9P9Vz 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-11/AdobeStock_Commercial%20real%20estate.jpeg.webp?itok=vJgFNrif 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-11/AdobeStock_Commercial%20real%20estate.jpeg.webp?itok=-ybTPFHy 1090w,/s3/files/styles/responsive_16_9_1310w/s3/images/2024-11/AdobeStock_Commercial%20real%20estate.jpeg.webp?itok=tAUCYxY1 1310w,/s3/files/styles/responsive_16_9_1530w/s3/images/2024-11/AdobeStock_Commercial%20real%20estate.jpeg.webp?itok=eAUXd3tS 1530w" loading="lazy" alt="Commercial real estate" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </section> <section class="col-span-12 flex flex-col body-section"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/distress-commercial-real-estate-bonds-hits-all-time-high" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Distress in Commercial Real Estate Bonds Hits All-Time High</a> </h2> <div class="font-myriad text-base my-3.5 teaser" > <div><p>Commercial real estate in the US faces major problems despite efforts by the Federal Reserve System to prop it up. Bonds used to finance commercial real estate markets are especially being hard hit, and there is no relief is in sight.</p></div> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-22T14:00:00Z">11/22/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"> <a href="/mises-wire" hreflang="en">Mises Wire</a> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/artis-shepherd" hreflang="en">Artis Shepherd</a></span> </div> </section> </article> </div> </div> <div class="view-latest-articles__row"> <div class="article-row"> <article data-component-id="mises:card-image-title-teaser-latest-4-mises-wire-articles" class="grid gap-2 grid-cols-12"> <section class="col-span-12 flex relative image-section"> <a href="/misesian/reconstructing-reconstruction" class="max-w-full w-full"> <div class="border-t-4 lg:border-t-8 border-misesBlue border-top-style: solid relative"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-10/Lincoln.jpeg.webp?itok=DB3HITkt 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-10/Lincoln.jpeg.webp?itok=rsRTpwkf 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-10/Lincoln.jpeg.webp?itok=88ma613c 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-10/Lincoln.jpeg.webp?itok=wbxDxSwi 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-10/Lincoln.jpeg.webp?itok=aNgOKi-g 1530w" loading="lazy" alt="Lincoln" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </section> <section class="col-span-12 flex flex-col body-section"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/misesian/reconstructing-reconstruction" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Reconstructing Reconstruction</a> </h2> <div class="font-myriad text-base my-3.5 teaser" > <div><p>James Ronald Kennedy is right that the policy of centralized despotism that Lincoln instituted has continued down to the present and has enslaved us all.</p></div> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-08-30T12:15:00Z">08/30/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"> <a href="/misesian" hreflang="en">The Misesian</a> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/david-gordon" hreflang="en">David Gordon</a></span> </div> </section> </article> </div> </div> </div> </div> <div class="-lg:col-span-full col-span-3"> <div class="bg-misesGreyBlue bg-opacity-50 p-4 h-full"> <div class="col-span-full flex justify-between mb-2 border-b border-b-misesGreyLight pb-2"> <a href="/power-market" class="font-crimson text-2xl font-normal leading-7 no-underline hover:text-misesBlueHover focus:text-misesBlueHov">Power & Market</a> </div> <div class="views-element-container"><div class="view view-home-page-views view-id-home_page_views view-display-id-power_and_markets js-view-dom-id-b556a0a2eca033bf7e2b49c4fe75f839544c7106af43d8cad309ab0920a1ed01"> <div class="view-content"> <article data-component-id="mises:card-title-author" class="mt-1 mb-2"> <section class="flex gap-1.5 flex-col"> <div class="font-myriad text-base font-semibold mb-0 leading-tight"> <a href="/power-market/logs-only-roll-one-direction-fighting-kinetic-energy" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Logs Only Roll In One Direction: Fighting Kinetic Energy</a> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol leading-tight"> <span> <time datetime="2024-11-22T07:00:00Z">11/22/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/jim-fedako" hreflang="en">Jim Fedako</a></span> </div> </section> </article> <article data-component-id="mises:card-title-author" class="mt-1 mb-2"> <section class="flex gap-1.5 flex-col"> <div class="font-myriad text-base font-semibold mb-0 leading-tight"> <a href="/power-market/myth-aguinaldo" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> The Myth of the “Aguinaldo”</a> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol leading-tight"> <span> <time datetime="2024-11-21T07:00:00Z">11/21/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/franco-guevara" hreflang="en">Franco Guevara</a></span> </div> </section> </article> <article data-component-id="mises:card-title-author" class="mt-1 mb-2"> <section class="flex gap-1.5 flex-col"> <div class="font-myriad text-base font-semibold mb-0 leading-tight"> <a href="/power-market/if-trump-didnt-send-musk-talk-iranianshe-should" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> If Trump Didn’t Send Musk to Talk with the Iranians…He Should!</a> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol leading-tight"> <span> <time datetime="2024-11-20T11:00:00Z">11/20/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/ron-paul" hreflang="en">Ron Paul</a></span> </div> </section> </article> <article data-component-id="mises:card-title-author" class="mt-1 mb-2"> <section class="flex gap-1.5 flex-col"> <div class="font-myriad text-base font-semibold mb-0 leading-tight"> <a href="/power-market/menace-tariffs" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> The Menace of Tariffs</a> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol leading-tight"> <span> <time datetime="2024-11-20T00:00:00Z">11/19/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/llewellyn-h-rockwell-jr" hreflang="en">Llewellyn H. Rockwell Jr.</a></span> </div> </section> </article> <article data-component-id="mises:card-title-author" class="mt-1 mb-2"> <section class="flex gap-1.5 flex-col"> <div class="font-myriad text-base font-semibold mb-0 leading-tight"> <a href="/power-market/us-just-escalated-its-proxy-war-russia-rothbard-explains-why-thats-problem" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> The US Just Escalated its Proxy War with Russia. Rothbard Explains Why that’s a Problem.</a> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol leading-tight"> <span> <time datetime="2024-11-19T21:00:00Z">11/19/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/ryan-mcmaken" hreflang="en">Ryan McMaken</a></span> </div> </section> </article> <article data-component-id="mises:card-title-author" class="mt-1 mb-2"> <section class="flex gap-1.5 flex-col"> <div class="font-myriad text-base font-semibold mb-0 leading-tight"> <a href="/power-market/inflationists-narrative-crumbling" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> The Inflationists’ Narrative Is Crumbling</a> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol leading-tight"> <span> <time datetime="2024-11-18T19:00:00Z">11/18/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/daniel-lacalle" hreflang="en">Daniel Lacalle</a></span> </div> </section> </article> </div> </div> </div> <div class="flex justify-end mt-4"> <a href="/power-market" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">Read Power & Market</a> </div> </div> </div> </section> <section class="grid -lg:grid-cols-1 grid-cols-12 gap-8 my-8 container"> <div class="-lg:col-span-full col-span-6 flex flex-col gap-8"> <div class="latest-article"> <article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12"> <section class="-lg:col-span-12 col-span-6 flex"> <a href="/mises-wire/draper-war-when-war-just" class="max-w-full w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-03/FridayPhilosophy_4x3_20240307.jpg.webp?itok=bz3_-Jy9 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-03/FridayPhilosophy_4x3_20240307.jpg.webp?itok=4DwBoIvU 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-03/FridayPhilosophy_4x3_20240307.jpg.webp?itok=LhZtspF3 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-03/FridayPhilosophy_4x3_20240307.jpg.webp?itok=lZv4_6pI 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-03/FridayPhilosophy_4x3_20240307.jpg.webp?itok=-Tj9IDXM 1530w" loading="lazy" alt="Friday Philosophy with David Gordon" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-6 flex flex-col"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/draper-war-when-war-just" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Draper on War: When Is War Just?</a> </h2> <div class="font-myriad text-base my-2"> The week, David Gordon guides us through the thoughts of Kai Draper in his book, <em>War and Individual Rights</em>. Dr. Gordon praises a great deal of Draper’s argumentation, but has some criticisms. </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-22T11:00:00Z">11/22/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/david-gordon" hreflang="en">David Gordon</a></span> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12"> <section class="-lg:col-span-12 col-span-6 flex"> <a href="/mises-wire/finding-shelter-monetary-racketeers" class="max-w-full w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-11/AdobeStock_Monetary%20shelter.jpeg.webp?itok=35tZFC7G 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-11/AdobeStock_Monetary%20shelter.jpeg.webp?itok=tzzUuAKp 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-11/AdobeStock_Monetary%20shelter.jpeg.webp?itok=QxqKXsAW 1090w,/s3/files/styles/responsive_16_9_1310w/s3/images/2024-11/AdobeStock_Monetary%20shelter.jpeg.webp?itok=uWkj5MQZ 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-11/AdobeStock_Monetary%20shelter.jpeg.webp?itok=Mv50GcUF 1530w" loading="lazy" alt="Monetary shelter" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-6 flex flex-col"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/finding-shelter-monetary-racketeers" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Finding Shelter from Monetary Racketeers</a> </h2> <div class="font-myriad text-base my-2"> We have reached this point: the government keepers of money do not even understand what money is or why inflation is harmful. To them, the <em>real</em> threat to the economy is “deflation.” </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-22T06:00:00Z">11/22/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/george-ford-smith" hreflang="en">George Ford Smith</a></span> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12"> <section class="-lg:col-span-12 col-span-6 flex"> <a href="/misesian/evil-maybe-crazy-dont-bet-it" class="max-w-full w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-08/the-state.jpg.webp?itok=0zsJuWmS 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-08/the-state.jpg.webp?itok=-bLsUQKx 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-08/the-state.jpg.webp?itok=zuwx-NyU 1090w,/s3/files/styles/responsive_16_9_1310w/s3/images/2024-08/the-state.jpg.webp?itok=pK1ee_LW 1310w,/s3/files/styles/responsive_16_9_1530w/s3/images/2024-08/the-state.jpg.webp?itok=A5iHdG8y 1530w" loading="lazy" alt="The State" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-6 flex flex-col"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/misesian/evil-maybe-crazy-dont-bet-it" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Evil? Maybe. Crazy? Don’t Bet On It.</a> </h2> <div class="font-myriad text-base my-2"> It is ironic that the leaders of the American state are quick to condemn foreign dictators as irrational when their own policies are often irrational themselves. </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-08-30T13:15:00Z">08/30/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/david-gordon" hreflang="en">David Gordon</a></span> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12"> <section class="-lg:col-span-12 col-span-6 flex"> <a href="/mises-wire/critique-black-box-economics" class="max-w-full w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-11/AdobeStock_Black%20box.jpeg.webp?itok=NZmJZHep 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-11/AdobeStock_Black%20box.jpeg.webp?itok=euXSFt93 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-11/AdobeStock_Black%20box.jpeg.webp?itok=1Q7-pTKt 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-11/AdobeStock_Black%20box.jpeg.webp?itok=ul0w42P0 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-11/AdobeStock_Black%20box.jpeg.webp?itok=NV9zVw-6 1530w" loading="lazy" alt="Black box" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-6 flex flex-col"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/critique-black-box-economics" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> A Critique of Black Box Economics</a> </h2> <div class="font-myriad text-base my-2"> Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible. </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-21T20:00:00Z">11/21/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/cr-olschwang" hreflang="en">C.R. Olschwang</a></span> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12"> <section class="-lg:col-span-12 col-span-6 flex"> <a href="/mises-wire/wealth-and-income-inequality-are-essential-social-cooperation" class="max-w-full w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-11/AdobeStock_Wealth%20inequality.jpeg.webp?itok=ZIZBD6-n 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-11/AdobeStock_Wealth%20inequality.jpeg.webp?itok=4ooA7RiV 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-11/AdobeStock_Wealth%20inequality.jpeg.webp?itok=UCAyxU90 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-11/AdobeStock_Wealth%20inequality.jpeg.webp?itok=BF6Bn2wq 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-11/AdobeStock_Wealth%20inequality.jpeg.webp?itok=Wz6V9UBZ 1530w" loading="lazy" alt="Wealth inequality" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-6 flex flex-col"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/wealth-and-income-inequality-are-essential-social-cooperation" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Wealth and Income Inequality Are Essential for Social Cooperation</a> </h2> <div class="font-myriad text-base my-2"> Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation. </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-21T06:00:00Z">11/21/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/michael-njoku" hreflang="en">Michael Njoku</a></span> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12"> <section class="-lg:col-span-12 col-span-6 flex"> <a href="/mises-wire/will-gavin-newsom-become-new-teflon-politician" class="max-w-full w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABkAAAASCAYAAACuLnWgAAAACXBIWXMAAA7EAAAOxAGVKw4bAAAEMklEQVQ4jXWUz29UVRTHP+fe9+ZXSx3oL2qRtlBoaEAk6IrEiG41MSEGFsSdLlzwB+iGv0KXbly40miixPiDhGjUGCIZoi2tpfQXw/TnlM5MZ9579x4Xb6YFjCc5ee/de8853+/5nvsEjIICAkBP38tcvPweSzMPuHPzY3yyzX9NkPZ5xZPG697evnXWMNpxkVCvfDStf0ROf6jGevHq5yqE2ntoQI+PndTDg0fUSEaFcM/BtuPlGe+soxbk+pPoWvEYkZ3gn78jfvn6C0b6axRCQ32nyoF8jnPnzrO6vk4URXtRKWLzDFvTZqVIuzJg2gEWkxlOE7iHXHv3KifzwkCxyE6twZelKW7P3GPl0SrqO+3wTzcHjxC011z7bQ+PIjh8tAhAsVjkzclxhg8fpvZ4h5m5OQ729BAGAYVCgXqt/owOimBS7Hs7Zr8Ie1LuW1cuw2J5mcXlBeYqa/QXushFu4Q24PmBQWZr958qst86h7bbJdLh9D9W3a6xsLrFq6eOcerEaarbGzR3m5waGMAnEbNt9IoiJkDEIsaAGMSG6bcKAc/g1z0BlUYrZnJ0hFt/TvHWa320drapN2q8NPoC35amCQoHMTZME9owLYCgcYyIoN6DeoJ9wZ80QSQNmJqdp7t/iOn7SxjfZGWjyu/zd1lKcmSLo22xPXgP6tInDnVJCtXHBNLWA7GICbE2g9gcJshjghwLO563jx3ChspPt6fYbDl6u7p52CySJCDqQSWdNEe7mIAq6pugitjMQbVBF8ZmEZtDbAjGIsYCkLfC5TPDQMRWrYaPYiZOv0g8cp5PPv2MOG6C96iLIGmhmoB6VB34BJUAm833XjdBHmNCjLGIEcS0x9HHOJewFAl9B3JUy8u8c+kSl659yNjYOF3dBQgPIHiiepUkbqQta98bxHamy6bUUFCPqEkp+hjwqMkwNHyUKx+8z2+//syN2XkmKqscOzGCeMiKZfTIcU5PXqC+s87a6gLzcyV2d+up8CgBkgUTIhIgGFBBnIIY1GYZPjLGhVfOMzkxyq1bP1Ku1Bnq74ck5ub331GuVPBt0X0SEUW7JM1tIA8iqGsSiAnBhGlSMelEO0exd5AzZ89RXX2Ij3YZ6OvjmxtfEeSGuDf7gPHxo5QrFZxL8C5lHUcNms3HqItQha5sjjcmTxJIaKFzgQArwtDwMMWeHhZnS7RaTTbWB1FvGDl6nM1ayNS9Weq7Dbz3eK+od8RRnUZjiyDIIsYiScRAoUB57REBrgkSglPUJeQKeTZXZqiWAyQIyGQLLC0vsrmxwfpWDYJuHtfrlO7+hU8iXBLjfUyruUMUNUDBGENfd4bXz55hqbJC4JsbiAnBhoCQxApJghpPxkK0u8P0VIlS6Q7PFfuprFVY3XjE4oMlnIsp9nThXYuVWoL3js6/2DnPfHmReqvJv0qBEmUPJf2XAAAAAElFTkSuQmCC" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/static-page/img/newsom1.png.webp?itok=1RmLILpM 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/static-page/img/newsom1.png.webp?itok=RXNijeuz 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/static-page/img/newsom1.png.webp?itok=SWsBfmqt 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/static-page/img/newsom1.png.webp?itok=A7-F6cbb 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/static-page/img/newsom1.png.webp?itok=voaMGmd0 1530w" loading="lazy" alt="Newsom" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-6 flex flex-col"> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/mises-wire/will-gavin-newsom-become-new-teflon-politician" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Will Gavin Newsom Become the New “Teflon” Politician?</a> </h2> <div class="font-myriad text-base my-2"> Although he has presided over numerous economic disasters and people are leaving the state, there are many who will want him for 2028.  </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-21T05:00:00Z">11/20/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/william-l-anderson" hreflang="en">William L. Anderson</a></span> </div> </section> </article> <div class="flex justify-start mt-4"> <a href="/wire" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">Read More at Mises Wire</a> </div> </div> <div class="relative p-10 py-8 bg-misesGreyBlue bg-opacity-50" data-component-id="mises:element-homepage-gb"> <div class="font-crimson text-black text-2xl"> <div>What Has Government Done to Our Money?</div> </div> <div class="border-solid border-t-0 border-x-0 border-2 border-black opacity-[15%] pb-[10px]"></div> <div class="pt-6 grid -lg:grid-cols-1 grid-cols-2 gap-12"> <div class="inline-flex flex-col items-start gap-[21px]"> <div class="font-myriad text-base"> <div>In the last few years, many Americans have started to see the truth about the Federal Reserve. Putting this book in their hands at this moment will have a profound effect for the better.</div> </div> <div class="font-myriad text-base"> <a href=https://mises.org/money class="mises-btn-blue-outline-green-hover">Order Your Free Copy Today</a> </div> <div class="font-myriad text-base"> <a href=https://mises.org/MoneyINT class="mises-btn-blue-outline-green-hover">International Customers Order Here</a> </div> </div> <div class="-lg:hidden block"> <a href="https://mises.org/money"> <div> <img 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data-srcset="https://cdn.mises.org/styles/responsive_1_1_650w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=G1354wIN 650w,https://cdn.mises.org/styles/responsive_1_1_870w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=D6tItQhv 870w,https://cdn.mises.org/styles/responsive_1_1_1090w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=-ASlILVh 1090w,https://cdn.mises.org/styles/responsive_1_1_1310w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=mvfkbfV2 1310w,https://cdn.mises.org/styles/responsive_1_1_1530w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=TKSo65bJ 1530w" loading="lazy" alt="Human Action Podcast" width="650" height="650" data-multiplier="1x" data-lqp="1" data-ratio="1:1" /> </div> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-8 flex flex-col"> <div class=" font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol text-sm text-black opacity-60"> <div> <div><a href="/podcasts/human-action-podcast" hreflang="en">The Human Action Podcast</a></div> 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Murphy</a></span> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-latest-podcasts" class="-lg:mb-[30px] mb-10 last:mb-0 grid -lg:gap-0 gap-[30px] grid-cols-12 first:mt-4"> <section class="-lg:col-span-12 -lg:mb-2.5 col-span-4 flex"> <a href="/podcasts/minor-issues/gold-answer-prohibition" class="max-w-full w-full"> <div> <div> <div> <img 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href="/podcasts/radio-rothbard" hreflang="en">Radio Rothbard</a></div> </div> </div> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/podcasts/radio-rothbard/will-foreign-policy-really-be-different-under-trump" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Will Foreign Policy Really Be Different Under Trump?</a> </h2> <div class="font-myriad text-base my-2"> <div><p>Ryan and Zachary Yost look at some of the ways Trump's foreign policy might actually be a step in the right direction. </p></div> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-21T19:21:00Z">11/21/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/ryan-mcmaken" hreflang="en">Ryan McMaken</a></span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/zachary-yost" hreflang="en">Zachary Yost</a></span> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-latest-podcasts" class="-lg:mb-[30px] mb-10 last:mb-0 grid -lg:gap-0 gap-[30px] grid-cols-12 first:mt-4"> <section class="-lg:col-span-12 -lg:mb-2.5 col-span-4 flex"> <a href="/podcasts/human-action-podcast/why-fema-makes-things-worse-theory-and-history" class="max-w-full w-full"> <div> <div> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_1_1_650w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=G1354wIN 650w,https://cdn.mises.org/styles/responsive_1_1_870w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=D6tItQhv 870w,https://cdn.mises.org/styles/responsive_1_1_1090w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=-ASlILVh 1090w,https://cdn.mises.org/styles/responsive_1_1_1310w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=mvfkbfV2 1310w,https://cdn.mises.org/styles/responsive_1_1_1530w/s3/images/2024-03/HAPod_1920x1080.jpg.webp?itok=TKSo65bJ 1530w" loading="lazy" alt="Human Action Podcast" width="650" height="650" data-multiplier="1x" data-lqp="1" data-ratio="1:1" /> </div> </div> </div> </a> </section> <section class="-lg:col-span-12 col-span-8 flex flex-col"> <div class=" font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol text-sm text-black opacity-60"> <div> <div><a href="/podcasts/human-action-podcast" hreflang="en">The Human Action Podcast</a></div> </div> </div> <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight"> <a href="/podcasts/human-action-podcast/why-fema-makes-things-worse-theory-and-history" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Why FEMA Makes Things Worse: Theory and History</a> </h2> <div class="font-myriad text-base my-2"> <div><p>Amy LePore joins Bob to talk about FEMA's poor track record in recent disasters but also going back to Hurricane Katrina.</p></div> </div> <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap gap-1 mb-1.5 font-semibol"> <span> <time datetime="2024-11-16T14:00:00Z">11/16/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/profile/robert-p-murphy" hreflang="en">Robert P. Murphy</a></span> </div> </section> </article> </div> </div> </div> <div class="flex justify-end mt-4"> <a href="/podcasts" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">View All Podcasts</a> </div> </div> <div class="events-section"> <div class="col-span-full flex justify-between mb-2 border-b border-b-misesGreyLight pb-2"> <a href="/events" class="font-crimson text-2xl font-normal leading-7 no-underline hover:text-misesBlueHover focus:text-misesBlueHov">Events</a> </div> <div class="views-element-container"><div class="view view-home-page-views view-id-home_page_views view-display-id-events js-view-dom-id-1fff817c6ff2f4ebdb10e363daeac9a7995645fe5a4329b19db03585881dcf11"> <div class="view-content"> <article class="card-event-list border-b border-b-misesGreyLight pb-5 my-5 last:border-0 last:pb-0 last:mb-0" data-component-id="mises:card-event-list"> <div class="card-event-list__wrapper grid gap-3 grid-cols-3"> <div class="card-event-list__image-wrapper col-span-3 lg:col-span-1 flex flex-col"> <a href="/events/fall-2024-campus-mises-book-clubs" class="max-w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=WpR8ykIT 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=GLUjZhB5 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=9DmMl3Jo 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=sSMmPwhh 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=87KDMhhZ 1530w" loading="lazy" alt="Mises Book Club" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </div> <div class="col-span-3 lg:col-span-2 flex flex-col gap-2"> <div class="card-event-list__title font-crimson font-medium text-2xl mb-0 leading-tight [text-wrap:balance]"> <a href="/events/fall-2024-campus-mises-book-clubs" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Fall 2024 Campus Mises Book Clubs</a> </div> <div class="flex flex-row flex-wrap gap-1 font-myriad text-misesGreyDark"> <div class="flex flex-row flex-wrap gap-1"> <time datetime="2024-12-03T23:00:00Z">December 3, 2024</time> </div> <span aria-hidden="true">•</span> <div>Various Locations</div> </div> <div class="prose max-w-none prose-headings:text-misesBlueDark first:prose-p:mt-0 first:prose-ol:mt-0 first:prose-ul:mt-0 first:prose-h2:mt-0 first:prose-h3:mt-0 first:prose-figure:mt-0 prose-th:font-bold prose-figure:my-1 prose-img:my-1 hover:prose-a:no-underline" data-component-id="mises:atom-body-copy"> <p>This fall, students from across the US are participating in Mises Book Clubs led by scholars at various universities and colleges. These student groups promote deep reading in Austrian economics.</p> </div> </div> </div> </article> <article class="card-event-list border-b border-b-misesGreyLight pb-5 my-5 last:border-0 last:pb-0 last:mb-0" data-component-id="mises:card-event-list"> <div class="card-event-list__wrapper grid gap-3 grid-cols-3"> <div class="card-event-list__image-wrapper col-span-3 lg:col-span-1 flex flex-col"> <a href="/events/spring-2025-virtual-mises-book-club" class="max-w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=WpR8ykIT 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=GLUjZhB5 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=9DmMl3Jo 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=sSMmPwhh 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-06/IMG_2672-2.jpg.webp?itok=87KDMhhZ 1530w" loading="lazy" alt="Mises Book Club" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </div> <div class="col-span-3 lg:col-span-2 flex flex-col gap-2"> <div class="card-event-list__title font-crimson font-medium text-2xl mb-0 leading-tight [text-wrap:balance]"> <a href="/events/spring-2025-virtual-mises-book-club" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Spring 2025 Virtual Mises Book Club</a> </div> <div class="flex flex-row flex-wrap gap-1 font-myriad text-misesGreyDark"> <div class="flex flex-row flex-wrap gap-1"> <time datetime="2025-01-21T01:30:00Z">January 20, 2025</time> </div> <span aria-hidden="true">•</span> <div>Virtual</div> </div> <div class="prose max-w-none prose-headings:text-misesBlueDark first:prose-p:mt-0 first:prose-ol:mt-0 first:prose-ul:mt-0 first:prose-h2:mt-0 first:prose-h3:mt-0 first:prose-figure:mt-0 prose-th:font-bold prose-figure:my-1 prose-img:my-1 hover:prose-a:no-underline" data-component-id="mises:atom-body-copy"> <p>In January 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.</p> </div> </div> </div> </article> <article class="card-event-list border-b border-b-misesGreyLight pb-5 my-5 last:border-0 last:pb-0 last:mb-0" data-component-id="mises:card-event-list"> <div class="card-event-list__wrapper grid gap-3 grid-cols-3"> <div class="card-event-list__image-wrapper col-span-3 lg:col-span-1 flex flex-col"> <a href="/events/educating-liberty-mises-circle-tampa" class="max-w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-10/16x9%20Ratio.jpg.webp?itok=rBS7lfAc 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-10/16x9%20Ratio.jpg.webp?itok=f4dOGOFG 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-10/16x9%20Ratio.jpg.webp?itok=bvvDlzkb 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-10/16x9%20Ratio.jpg.webp?itok=_VcomPBG 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-10/16x9%20Ratio.jpg.webp?itok=EbasOrmr 1530w" loading="lazy" alt="Tampa Circle 2025" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </div> <div class="col-span-3 lg:col-span-2 flex flex-col gap-2"> <div class="card-event-list__title font-crimson font-medium text-2xl mb-0 leading-tight [text-wrap:balance]"> <a href="/events/educating-liberty-mises-circle-tampa" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Educating for Liberty: Mises Circle in Tampa</a> </div> <div class="flex flex-row flex-wrap gap-1 font-myriad text-misesGreyDark"> <div class="flex flex-row flex-wrap gap-1"> <time datetime="2025-02-22T15:00:00Z">February 22, 2025</time> - <time datetime="2025-02-22T19:00:23Z">February 22, 2025</time> </div> <span aria-hidden="true">•</span> <div>Tampa, FL</div> </div> <div class="prose max-w-none prose-headings:text-misesBlueDark first:prose-p:mt-0 first:prose-ol:mt-0 first:prose-ul:mt-0 first:prose-h2:mt-0 first:prose-h3:mt-0 first:prose-figure:mt-0 prose-th:font-bold prose-figure:my-1 prose-img:my-1 hover:prose-a:no-underline" data-component-id="mises:atom-body-copy"> <p>Join the Mises Institute for its fifth year in a row in Tampa for an exciting discussion on the future of academia and alternatives to state-controlled education.</p> </div> </div> </div> </article> <article class="card-event-list border-b border-b-misesGreyLight pb-5 my-5 last:border-0 last:pb-0 last:mb-0" data-component-id="mises:card-event-list"> <div class="card-event-list__wrapper grid gap-3 grid-cols-3"> <div class="card-event-list__image-wrapper col-span-3 lg:col-span-1 flex flex-col"> <a href="/events/libertarian-scholars-conference-2025" class="max-w-full"> <div class="border-t-4 md:border-t-8 border-misesBlue border-top-style: solid"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-03/LSC%202025%20email%20blast%20%281200x630%29.jpg.webp?itok=19dO5r0o 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-03/LSC%202025%20email%20blast%20%281200x630%29.jpg.webp?itok=gUjtOxQ2 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-03/LSC%202025%20email%20blast%20%281200x630%29.jpg.webp?itok=gZXacd9n 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-03/LSC%202025%20email%20blast%20%281200x630%29.jpg.webp?itok=v7o0KVII 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-03/LSC%202025%20email%20blast%20%281200x630%29.jpg.webp?itok=L7SVkQ0n 1530w" loading="lazy" alt="Libertarian Scholars Conference 2025" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </a> </div> <div class="col-span-3 lg:col-span-2 flex flex-col gap-2"> <div class="card-event-list__title font-crimson font-medium text-2xl mb-0 leading-tight [text-wrap:balance]"> <a href="/events/libertarian-scholars-conference-2025" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Libertarian Scholars Conference 2025</a> </div> <div class="flex flex-row flex-wrap gap-1 font-myriad text-misesGreyDark"> <div class="flex flex-row flex-wrap gap-1"> <time datetime="2025-03-20T17:00:00Z">March 20, 2025</time> - <time datetime="2025-03-20T22:30:00Z">March 20, 2025</time> </div> <span aria-hidden="true">•</span> <div>Auburn, AL</div> </div> <div class="prose max-w-none prose-headings:text-misesBlueDark first:prose-p:mt-0 first:prose-ol:mt-0 first:prose-ul:mt-0 first:prose-h2:mt-0 first:prose-h3:mt-0 first:prose-figure:mt-0 prose-th:font-bold prose-figure:my-1 prose-img:my-1 hover:prose-a:no-underline" data-component-id="mises:atom-body-copy"> <p>Join us in Auburn in March for Libertarian Scholars Conference 2025. </p> </div> </div> </div> </article> </div> </div> </div> <div class="flex justify-end mt-4"> <a href="/events" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">View All Events</a> </div> </div> </div> </section> <section class="px-4 py-12 lg:px-20 my-12 bg-misesBlue relative" data-component-id="mises:element-homepage-bb"> <div class="container"> <h2 class="font-crimson text-white text-3xl text-center mb-3 "> <div>Economics for Beginners</div> </h2> <div class="flex justify-center -md:flex-col flex-row"> <article data-component-id="mises:card-image-title-teaser-accordion" class="article-container mx-2 flex-1"> <section> <a href="/america-republic-empire" class="max-w-full w-ful [&>div]:w-full"> <div> <div><div> <div> <img src="data:image/png;base64,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" data-srcset="/sites/default/files/styles/responsive_16_9_650w/public/american-empire.png.webp?itok=bV9cyHgt 650w,/sites/default/files/styles/responsive_16_9_870w/public/american-empire.png.webp?itok=9mUc1mdx 870w,/sites/default/files/styles/responsive_16_9_1090w/public/american-empire.png.webp?itok=2N9QcpRS 1090w,/sites/default/files/styles/responsive_16_9_1310w/public/american-empire.png.webp?itok=8MPzZ_xy 1310w,/sites/default/files/styles/responsive_16_9_1530w/public/american-empire.png.webp?itok=M-mDaxZ8 1530w" loading="lazy" alt="American Empire" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </div> </div> </a> </section> <section class="body-container"> <h3 class="my-4"> <a href="/america-republic-empire" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline text-white font-crimson font-bold text-2xl">America: From Republic to Empire</a> </h3> <div class="teaser-text-container font-myriad text-base text-white my-2"> <div>"War is the health of the state." —Randolph Bourne</div> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-accordion" class="article-container mx-2 flex-1"> <section> <a href="/progressivism" class="max-w-full w-ful [&>div]:w-full"> <div> <div><div> <div> <img src="data:image/jpeg;base64,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" data-srcset="/sites/default/files/styles/responsive_16_9_650w/public/image1.jpg.webp?itok=UF1-DPfb 650w,/sites/default/files/styles/responsive_16_9_870w/public/image1.jpg.webp?itok=FzQHgI3h 870w,/sites/default/files/styles/responsive_16_9_1090w/public/image1.jpg.webp?itok=rNG0-3Zy 1090w,/sites/default/files/styles/responsive_16_9_1310w/public/image1.jpg.webp?itok=ZRil8ulj 1310w,/sites/default/files/styles/responsive_16_9_1530w/public/image1.jpg.webp?itok=mAIeqXvL 1530w" loading="lazy" alt="The Costs of the Progressives" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </div> </div> </a> </section> <section class="body-container"> <h3 class="my-4"> <a href="/progressivism" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline text-white font-crimson font-bold text-2xl">Progressivism</a> </h3> <div class="teaser-text-container font-myriad text-base text-white my-2"> <div>The battle between American individualism and modern progressive collectivism.</div> </div> </section> </article> <article data-component-id="mises:card-image-title-teaser-accordion" class="article-container mx-2 flex-1"> <section> <a href="/fueling-freer-future" class="max-w-full w-ful [&>div]:w-full"> <div> <div><div> <div> <img src="data:image/jpeg;base64,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" data-srcset="/sites/default/files/styles/responsive_16_9_650w/public/image_main.jpg.webp?itok=3wn6TOR4 650w,/sites/default/files/styles/responsive_16_9_870w/public/image_main.jpg.webp?itok=y90QKYME 870w,/sites/default/files/styles/responsive_16_9_1090w/public/image_main.jpg.webp?itok=rva5pkoz 1090w,/sites/default/files/styles/responsive_16_9_1310w/public/image_main.jpg.webp?itok=SpHAhlKQ 1310w,/sites/default/files/styles/responsive_16_9_1530w/public/image_main.jpg.webp?itok=JZxNUJSa 1530w" loading="lazy" alt="Fueling a Freer Future" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </div> </div> </div> </a> </section> <section class="body-container"> <h3 class="my-4"> <a href="/fueling-freer-future" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline text-white font-crimson font-bold text-2xl">Fueling a Freer Future</a> </h3> <div class="teaser-text-container font-myriad text-base text-white my-2"> <div>It’s time for a serious conversation about fossil fuels and their alternatives.</div> </div> </section> </article> </div> <div class="font-myriad text-base flex justify-center"> <a href=/begin class=" inline-block py-[8px] px-[20px] bg-transparent border border-white font-myriad text-base text-white hover:bg-misesGreenLight hover:text-white hover:border-misesGreenLight focus:bg-misesGreenLight no-underline">View all Beginner Video Series</a> </div> </div> </section> <section class="element-title-teaser-image my-8 container" data-component-id="mises:element-title-teaser-image"> <div class="bg-misesBlueDark grid gap-10 px-10 py-12 lg:px-20 grid-cols-2 -lg:grid-cols-1"> <div class="element-title-teaser-image__content"> <div class="font-crimson uppercase text-white text-2xl"> <div>What is the Mises Institute?</div> </div> <div class="prose max-w-none prose-headings:text-misesBlueDark first:prose-p:mt-0 first:prose-ol:mt-0 first:prose-ul:mt-0 first:prose-h2:mt-0 first:prose-h3:mt-0 first:prose-figure:mt-0 prose-th:font-bold prose-figure:my-1 prose-img:my-1 hover:prose-a:no-underline text-white prose-a:text-white prose-headings:text-white prose-strong:text-white marker:text-white text-lg mt-6" data-component-id="mises:atom-body-copy"> <div><p>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. </p><p>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.</p></div> </div> <a href=/giving/now class=" inline-block p-3 bg-misesGreenLight font-myriad text-white text-xl mt-4 hover:bg-misesGreenDark focus:bg-misesGreenDark no-underline" >Become a Member</a> </div> <div class="flex items-center element-title-teaser-image__image [&>div]:w-full"> <div> <div> <img 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