CINXE.COM
Ludwig von Mises
<!DOCTYPE html> <html lang="es" dir="ltr" prefix="og: https://ogp.me/ns#" class="scroll-smooth"> <head> <meta charset="utf-8" /> <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-588JCSW'); </script> <meta name="description" content="Ludwig von Mises fue el líder reconocido de la escuela austriaca de pensamiento económico, un prodigioso creador de teoría económica y un autor prolífico." /> <link rel="canonical" href="https://mises.org/es/profile/ludwig-von-mises" /> <meta property="og:site_name" content="Mises Institute" /> <meta property="og:description" content="Ludwig von Mises fue el líder reconocido de la escuela austriaca de pensamiento económico, un prodigioso creador de teoría económica y un autor prolífico." /> <meta property="og:image" content="https://cdn.mises.org/styles/social_media/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg?itok=yJcxclYp' + og_image: 'https://cdn.mises.org/styles/social_media/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg?itok=yJcxclYp" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:site" content="@mises" /> <meta name="twitter:title" content="Ludwig von Mises" /> <meta name="twitter:image" content="https://cdn.mises.org/styles/social_media/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg?itok=yJcxclYp' + og_image: 'https://cdn.mises.org/styles/social_media/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg?itok=yJcxclYp" /> <meta name="Generator" content="Drupal 10 (https://www.drupal.org)" /> <meta name="MobileOptimized" content="width" /> <meta name="HandheldFriendly" content="true" /> <meta name="viewport" content="width=device-width, initial-scale=1.0" /> <style>/*! tailwindcss v3.4.1 | MIT License | https://tailwindcss.com*/*,:after,:before{box-sizing:border-box;border:0 solid #e5e7eb}:after,:before{--tw-content:""}:host,html{line-height:1.5;-webkit-text-size-adjust:100%;-moz-tab-size:4;-o-tab-size:4;tab-size:4;font-family:ui-sans-serif,system-ui,sans-serif,Apple Color Emoji,Segoe UI Emoji,Segoe UI Symbol,Noto Color Emoji;font-feature-settings:normal;font-variation-settings:normal;-webkit-tap-highlight-color:transparent}body{margin:0;line-height:inherit}hr{height:0;color:inherit;border-top-width:1px}abbr:where([title]){-webkit-text-decoration:underline dotted;text-decoration:underline dotted}h1,h2,h3,h4,h5,h6{font-size:inherit;font-weight:inherit}a{color:inherit;text-decoration:inherit}b,strong{font-weight:bolder}code,kbd,pre,samp{font-family:ui-monospace,SFMono-Regular,Menlo,Monaco,Consolas,Liberation Mono,Courier New,monospace;font-feature-settings:normal;font-variation-settings:normal;font-size:1em}small{font-size:80%}sub,sup{font-size:75%;line-height:0;position:relative;vertical-align:initial}sub{bottom:-.25em}sup{top:-.5em}table{text-indent:0;border-color:inherit;border-collapse:collapse}button,input,optgroup,select,textarea{font-family:inherit;font-feature-settings:inherit;font-variation-settings:inherit;font-size:100%;font-weight:inherit;line-height:inherit;color:inherit;margin:0;padding:0}button,select{text-transform:none}[type=button],[type=reset],[type=submit],button{-webkit-appearance:button;background-color:initial;background-image:none}:-moz-focusring{outline:auto}:-moz-ui-invalid{box-shadow:none}progress{vertical-align:initial}::-webkit-inner-spin-button,::-webkit-outer-spin-button{height:auto}[type=search]{-webkit-appearance:textfield;outline-offset:-2px}::-webkit-search-decoration{-webkit-appearance:none}::-webkit-file-upload-button{-webkit-appearance:button;font:inherit}summary{display:list-item}blockquote,dd,dl,figure,h1,h2,h3,h4,h5,h6,hr,p,pre{margin:0}fieldset{margin:0}fieldset,legend{padding:0}menu,ol,ul{list-style:none;margin:0;padding:0}dialog{padding:0}textarea{resize:vertical}input::-moz-placeholder,textarea::-moz-placeholder{opacity:1;color:#9ca3af}input::placeholder,textarea::placeholder{opacity:1;color:#9ca3af}[role=button],button{cursor:pointer}:disabled{cursor:default}audio,canvas,embed,iframe,img,object,svg,video{display:block;vertical-align:middle}img,video{max-width:100%;height:auto}[hidden]{display:none}[multiple],[type=date],[type=datetime-local],[type=email],[type=month],[type=number],[type=password],[type=search],[type=tel],[type=text],[type=time],[type=url],[type=week],input:where(:not([type])),select,textarea{-webkit-appearance:none;-moz-appearance:none;appearance:none;background-color:#fff;border-color:#6b7280;border-width:1px;border-radius:0;padding:.5rem .75rem;font-size:1rem;line-height:1.5rem;--tw-shadow:0 0 #0000}[multiple]:focus,[type=date]:focus,[type=datetime-local]:focus,[type=email]:focus,[type=month]:focus,[type=number]:focus,[type=password]:focus,[type=search]:focus,[type=tel]:focus,[type=text]:focus,[type=time]:focus,[type=url]:focus,[type=week]:focus,input:where(:not([type])):focus,select:focus,textarea:focus{outline:2px solid #0000;outline-offset:2px;--tw-ring-inset:var(--tw-empty,/*!*/ /*!*/);--tw-ring-offset-width:0px;--tw-ring-offset-color:#fff;--tw-ring-color:#2563eb;--tw-ring-offset-shadow:var(--tw-ring-inset) 0 0 0 var(--tw-ring-offset-width) var(--tw-ring-offset-color);--tw-ring-shadow:var(--tw-ring-inset) 0 0 0 calc(1px + var(--tw-ring-offset-width)) var(--tw-ring-color);box-shadow:var(--tw-ring-offset-shadow),var(--tw-ring-shadow),var(--tw-shadow);border-color:#2563eb}input::-moz-placeholder,textarea::-moz-placeholder{color:#6b7280;opacity:1}input::placeholder,textarea::placeholder{color:#6b7280;opacity:1}::-webkit-datetime-edit-fields-wrapper{padding:0}::-webkit-date-and-time-value{min-height:1.5em;text-align:inherit}::-webkit-datetime-edit{display:inline-flex}::-webkit-datetime-edit,::-webkit-datetime-edit-day-field,::-webkit-datetime-edit-hour-field,::-webkit-datetime-edit-meridiem-field,::-webkit-datetime-edit-millisecond-field,::-webkit-datetime-edit-minute-field,::-webkit-datetime-edit-month-field,::-webkit-datetime-edit-second-field,::-webkit-datetime-edit-year-field{padding-top:0;padding-bottom:0}select{background-image:url("data:image/svg+xml;charset=utf-8,%3Csvg xmlns='http://www.w3.org/2000/svg' fill='none' viewBox='0 0 20 20'%3E%3Cpath stroke='%236b7280' stroke-linecap='round' stroke-linejoin='round' stroke-width='1.5' d='m6 8 4 4 4-4'/%3E%3C/svg%3E");background-position:right .5rem center;background-repeat:no-repeat;background-size:1.5em 1.5em;padding-right:2.5rem;-webkit-print-color-adjust:exact;print-color-adjust:exact}[multiple],[size]:where(select:not([size="1"])){background-image:none;background-position:0 0;background-repeat:unset;background-size:initial;padding-right:.75rem;-webkit-print-color-adjust:unset;print-color-adjust:unset}[type=checkbox],[type=radio]{-webkit-appearance:none;-moz-appearance:none;appearance:none;padding:0;-webkit-print-color-adjust:exact;print-color-adjust:exact;display:inline-block;vertical-align:middle;background-origin:border-box;-webkit-user-select:none;-moz-user-select:none;user-select:none;flex-shrink:0;height:1rem;width:1rem;color:#2563eb;background-color:#fff;border-color:#6b7280;border-width:1px;--tw-shadow:0 0 #0000}[type=checkbox]{border-radius:0}[type=radio]{border-radius:100%}[type=checkbox]:focus,[type=radio]:focus{outline:2px solid #0000;outline-offset:2px;--tw-ring-inset:var(--tw-empty,/*!*/ /*!*/);--tw-ring-offset-width:2px;--tw-ring-offset-color:#fff;--tw-ring-color:#2563eb;--tw-ring-offset-shadow:var(--tw-ring-inset) 0 0 0 var(--tw-ring-offset-width) var(--tw-ring-offset-color);--tw-ring-shadow:var(--tw-ring-inset) 0 0 0 calc(2px + var(--tw-ring-offset-width)) var(--tw-ring-color);box-shadow:var(--tw-ring-offset-shadow),var(--tw-ring-shadow),var(--tw-shadow)}[type=checkbox]:checked,[type=radio]:checked{border-color:#0000;background-color:currentColor;background-size:100% 100%;background-position:50%;background-repeat:no-repeat}[type=checkbox]:checked{background-image:url("data:image/svg+xml;charset=utf-8,%3Csvg xmlns='http://www.w3.org/2000/svg' fill='%23fff' viewBox='0 0 16 16'%3E%3Cpath d='M12.207 4.793a1 1 0 0 1 0 1.414l-5 5a1 1 0 0 1-1.414 0l-2-2a1 1 0 0 1 1.414-1.414L6.5 9.086l4.293-4.293a1 1 0 0 1 1.414 0z'/%3E%3C/svg%3E")}@media (forced-colors:active) {[type=checkbox]:checked{-webkit-appearance:auto;-moz-appearance:auto;appearance:auto}}[type=radio]:checked{background-image:url("data:image/svg+xml;charset=utf-8,%3Csvg xmlns='http://www.w3.org/2000/svg' fill='%23fff' viewBox='0 0 16 16'%3E%3Ccircle cx='8' cy='8' r='3'/%3E%3C/svg%3E")}@media (forced-colors:active) {[type=radio]:checked{-webkit-appearance:auto;-moz-appearance:auto;appearance:auto}}[type=checkbox]:checked:focus,[type=checkbox]:checked:hover,[type=checkbox]:indeterminate,[type=radio]:checked:focus,[type=radio]:checked:hover{border-color:#0000;background-color:currentColor}[type=checkbox]:indeterminate{background-image:url("data:image/svg+xml;charset=utf-8,%3Csvg xmlns='http://www.w3.org/2000/svg' fill='none' viewBox='0 0 16 16'%3E%3Cpath stroke='%23fff' stroke-linecap='round' stroke-linejoin='round' stroke-width='2' d='M4 8h8'/%3E%3C/svg%3E");background-size:100% 100%;background-position:50%;background-repeat:no-repeat}@media (forced-colors:active) {[type=checkbox]:indeterminate{-webkit-appearance:auto;-moz-appearance:auto;appearance:auto}}[type=checkbox]:indeterminate:focus,[type=checkbox]:indeterminate:hover{border-color:#0000;background-color:currentColor}[type=file]{background:unset;border-color:inherit;border-width:0;border-radius:0;padding:0;font-size:unset;line-height:inherit}[type=file]:focus{outline:1px solid ButtonText;outline:1px auto -webkit-focus-ring-color}:root{--color-misesBlue:#366e9c;--color-misesBlueHover:#00426b;--color-misesBlueDark:#00426b;--color-misesGreyBlue:#e4ebee;--color-misesGreyBlueLight:#f3f6f7;--color-misesGrey:#494e54;--color-misesGreyLight:#d9d9d9;--color-misesGreyDark:#1a1a1a;--color-misesGreen:#5a8131;--color-misesGreenLight:#5b7f39;--color-misesGreenDark:#3d5826}@font-face{font-family:Crimson;src:url(/themes/custom/mises/assets/fonts/crimson/crimsontext-roman-webfont.woff2) format("woff2"),url(/themes/custom/mises/assets/fonts/crimson/crimsontext-roman-webfont.woff) format("woff");font-weight:400;font-style:normal;font-display:swap}@font-face{font-family:Crimson;src:url(/themes/custom/mises/assets/fonts/crimson/CrimsonText-Semibold.woff2) format("woff2"),url(/themes/custom/mises/assets/fonts/crimson/CrimsonText-Semibold.woff) format("woff");font-weight:700;font-style:normal;font-display:swap}@font-face{font-family:Myriad Pro;src:url(/themes/custom/mises/assets/fonts/myriad/MYRIADPRO-REGULAR.woff2) format("woff2"),url(/themes/custom/mises/assets/fonts/myriad/MYRIADPRO-REGULAR.woff) format("woff");font-style:normal;font-weight:400;font-display:swap}@font-face{font-family:Myriad Pro;src:url(/themes/custom/mises/assets/fonts/myriad/MYRIADPRO-BOLD.woff2) format("woff2"),url(/themes/custom/mises/assets/fonts/myriad/MYRIADPRO-BOLD.woff) format("woff");font-style:normal;font-weight:700;font-display:swap}@font-face{font-family:Myriad Pro;src:url(/themes/custom/mises/assets/fonts/myriad/MYRIADPRO-SEMIBOLD.woff) format("woff"),url(/themes/custom/mises/assets/fonts/myriad/MYRIADPRO-SEMIBOLDIT.woff) format("woff");font-style:normal;font-weight:600;font-display:swap}.-translate-y-0,.-translate-y-0\.5,.-translate-y-1\/2,.atom-svg,.focus\:-translate-y-1,.group-\[\.open\]\:-rotate-45,.group-\[\.open\]\:rotate-45,.group-\[\.open\]\:translate-y-\[-0\.3rem\],.group-\[\.open\]\:translate-y-\[0\.7rem\],.group-open\/top\:-rotate-180,.group-open\:-rotate-180,.hover\:-translate-y-1,.rotate-0,.transform,.translate-x-\[-50\%\],.translate-y-0,.translate-y-0\.5,.translate-y-\[-50\%\]{--tw-translate-x:0;--tw-translate-y:0;--tw-rotate:0;--tw-skew-x:0;--tw-skew-y:0;--tw-scale-x:1;--tw-scale-y:1}.shadow,.shadow-lg,.shadow-md{--tw-ring-offset-shadow:0 0 #0000;--tw-ring-shadow:0 0 #0000;--tw-shadow:0 0 #0000;--tw-shadow-colored:0 0 #0000}.focus\:ring{--tw-ring-inset: ;--tw-ring-offset-width:0px;--tw-ring-offset-color:#fff;--tw-ring-color:#3b82f680;--tw-ring-offset-shadow:0 0 #0000;--tw-ring-shadow:0 0 #0000;--tw-shadow:0 0 #0000;--tw-shadow-colored:0 0 #0000}.blur,.filter,.primary-content:before{--tw-blur: ;--tw-brightness: ;--tw-contrast: ;--tw-grayscale: ;--tw-hue-rotate: ;--tw-invert: ;--tw-saturate: ;--tw-sepia: ;--tw-drop-shadow: }.container{width:100%;margin-right:auto;margin-left:auto;padding-right:1rem;padding-left:1rem}@media (min-width:1320px){.container{max-width:1320px}}@media (min-width:1536px){.container{max-width:1536px}}.prose{color:var(--tw-prose-body);max-width:65ch}.prose :where(p):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.25em;margin-bottom:1.25em}.prose :where([class~=lead]):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-lead);font-size:1.25em;line-height:1.6;margin-top:1.2em;margin-bottom:1.2em}.prose :where(a):not(:where([class~=not-prose],[class~=not-prose] *)){color:#00426b;text-decoration:underline;font-weight:500}.prose :where(strong):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-bold);font-weight:600}.prose :where(a strong):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(blockquote strong):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(thead th strong):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(ol):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:decimal;margin-top:1.25em;margin-bottom:1.25em;padding-left:1.625em}.prose :where(ol[type=A]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:upper-alpha}.prose :where(ol[type=a]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:lower-alpha}.prose :where(ol[type=A s]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:upper-alpha}.prose :where(ol[type=a s]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:lower-alpha}.prose :where(ol[type=I]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:upper-roman}.prose :where(ol[type=i]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:lower-roman}.prose :where(ol[type=I s]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:upper-roman}.prose :where(ol[type=i s]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:lower-roman}.prose :where(ol[type="1"]):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:decimal}.prose :where(ul):not(:where([class~=not-prose],[class~=not-prose] *)){list-style-type:disc;margin-top:1.25em;margin-bottom:1.25em;padding-left:1.625em}.prose :where(ol>li):not(:where([class~=not-prose],[class~=not-prose] *))::marker{font-weight:400;color:var(--tw-prose-counters)}.prose :where(ul>li):not(:where([class~=not-prose],[class~=not-prose] *))::marker{color:var(--tw-prose-bullets)}.prose :where(dt):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-headings);font-weight:600;margin-top:1.25em}.prose :where(hr):not(:where([class~=not-prose],[class~=not-prose] *)){border-color:var(--tw-prose-hr);border-top-width:1px;margin-top:3em;margin-bottom:3em}.prose :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)){font-weight:inherit;font-style:normal;color:var(--tw-prose-quotes);quotes:"\201C""\201D""\2018""\2019";margin-top:1.6em;margin-bottom:1.6em;display:inline-block;background-color:#e4ebee80;padding:2.5rem 2rem 2.5rem 6rem;border:none}.prose :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)) p:first-of-type{position:relative}.prose :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)) p:last-of-type{margin-bottom:0}.prose :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)) p:first-of-type:before{content:"“";color:var(--color-misesBlue);font-family:Crimson;position:absolute;top:0;left:-4.5rem;font-size:12rem;line-height:8rem;font-weight:700}.prose :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)) p:first-of-type:after{content:none}@media (max-width:767px){.prose :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:3rem}.prose :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)) p:first-of-type:before{font-size:4rem;line-height:3rem;left:-2rem}}.prose :where(blockquote p:first-of-type):not(:where([class~=not-prose],[class~=not-prose] *)):before{content:open-quote}.prose :where(blockquote p:last-of-type):not(:where([class~=not-prose],[class~=not-prose] *)):after{content:close-quote}.prose :where(h1):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-headings);font-weight:800;font-size:2.25em;margin-top:0;margin-bottom:.8888889em;line-height:1.1111111}.prose :where(h1 strong):not(:where([class~=not-prose],[class~=not-prose] *)){font-weight:900;color:inherit}.prose :where(h2):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-headings);font-weight:700;font-size:1.5em;margin-top:2em;margin-bottom:1em;line-height:1.3333333}.prose :where(h2 strong):not(:where([class~=not-prose],[class~=not-prose] *)){font-weight:800;color:inherit}.prose :where(h3):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-headings);font-weight:600;font-size:1.25em;margin-top:1.6em;margin-bottom:.6em;line-height:1.6}.prose :where(h3 strong):not(:where([class~=not-prose],[class~=not-prose] *)){font-weight:700;color:inherit}.prose :where(h4):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-headings);font-weight:600;margin-top:1.5em;margin-bottom:.5em;line-height:1.5}.prose :where(h4 strong):not(:where([class~=not-prose],[class~=not-prose] *)){font-weight:700;color:inherit}.prose :where(img):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:2em;margin-bottom:2em}.prose :where(picture):not(:where([class~=not-prose],[class~=not-prose] *)){display:block;margin-top:2em;margin-bottom:2em}.prose :where(kbd):not(:where([class~=not-prose],[class~=not-prose] *)){font-weight:500;font-family:inherit;color:var(--tw-prose-kbd);box-shadow:0 0 0 1px rgb(var(--tw-prose-kbd-shadows)/10%),0 3px 0 rgb(var(--tw-prose-kbd-shadows)/10%);font-size:.875em;border-radius:.3125rem;padding:.1875em .375em}.prose :where(code):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-code);font-weight:600;font-size:.875em}.prose :where(code):not(:where([class~=not-prose],[class~=not-prose] *)):before{content:"`"}.prose :where(code):not(:where([class~=not-prose],[class~=not-prose] *)):after{content:"`"}.prose :where(a code):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(h1 code):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(h2 code):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit;font-size:.875em}.prose :where(h3 code):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit;font-size:.9em}.prose :where(h4 code):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(blockquote code):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(thead th code):not(:where([class~=not-prose],[class~=not-prose] *)){color:inherit}.prose :where(pre):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-pre-code);background-color:var(--tw-prose-pre-bg);overflow-x:auto;font-weight:400;font-size:.875em;line-height:1.7142857;margin-top:1.7142857em;margin-bottom:1.7142857em;border-radius:.375rem;padding:.8571429em 1.1428571em}.prose :where(pre code):not(:where([class~=not-prose],[class~=not-prose] *)){background-color:initial;border-width:0;border-radius:0;padding:0;font-weight:inherit;color:inherit;font-size:inherit;font-family:inherit;line-height:inherit}.prose :where(pre code):not(:where([class~=not-prose],[class~=not-prose] *)):before{content:none}.prose :where(pre code):not(:where([class~=not-prose],[class~=not-prose] *)):after{content:none}.prose :where(table):not(:where([class~=not-prose],[class~=not-prose] *)){width:100%;table-layout:auto;text-align:left;margin-top:2em;margin-bottom:2em;font-size:.875em;line-height:1.7142857}.prose :where(thead):not(:where([class~=not-prose],[class~=not-prose] *)){border-bottom-width:1px;border-bottom-color:var(--tw-prose-th-borders)}.prose :where(thead th):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-headings);font-weight:600;vertical-align:bottom;padding-right:.5714286em;padding-bottom:.5714286em;padding-left:.5714286em}.prose :where(tbody tr):not(:where([class~=not-prose],[class~=not-prose] *)){border-bottom-width:1px;border-bottom-color:var(--tw-prose-td-borders)}.prose :where(tbody tr:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){border-bottom-width:0}.prose :where(tbody td):not(:where([class~=not-prose],[class~=not-prose] *)){vertical-align:initial}.prose :where(tfoot):not(:where([class~=not-prose],[class~=not-prose] *)){border-top-width:1px;border-top-color:var(--tw-prose-th-borders)}.prose :where(tfoot td):not(:where([class~=not-prose],[class~=not-prose] *)){vertical-align:top}.prose :where(figure>*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0;margin-bottom:0}.prose :where(figcaption):not(:where([class~=not-prose],[class~=not-prose] *)){color:var(--tw-prose-captions);font-size:.875em;line-height:1.4285714;margin-top:.8571429em}.prose{--tw-prose-body:#374151;--tw-prose-headings:#111827;--tw-prose-lead:#4b5563;--tw-prose-links:#111827;--tw-prose-bold:#111827;--tw-prose-counters:#6b7280;--tw-prose-bullets:#d1d5db;--tw-prose-hr:#e5e7eb;--tw-prose-quotes:#111827;--tw-prose-quote-borders:#e5e7eb;--tw-prose-captions:#6b7280;--tw-prose-kbd:#111827;--tw-prose-kbd-shadows:17 24 39;--tw-prose-code:#111827;--tw-prose-pre-code:#e5e7eb;--tw-prose-pre-bg:#1f2937;--tw-prose-th-borders:#d1d5db;--tw-prose-td-borders:#e5e7eb;--tw-prose-invert-body:#d1d5db;--tw-prose-invert-headings:#fff;--tw-prose-invert-lead:#9ca3af;--tw-prose-invert-links:#fff;--tw-prose-invert-bold:#fff;--tw-prose-invert-counters:#9ca3af;--tw-prose-invert-bullets:#4b5563;--tw-prose-invert-hr:#374151;--tw-prose-invert-quotes:#f3f4f6;--tw-prose-invert-quote-borders:#374151;--tw-prose-invert-captions:#9ca3af;--tw-prose-invert-kbd:#fff;--tw-prose-invert-kbd-shadows:255 255 255;--tw-prose-invert-code:#fff;--tw-prose-invert-pre-code:#d1d5db;--tw-prose-invert-pre-bg:#00000080;--tw-prose-invert-th-borders:#4b5563;--tw-prose-invert-td-borders:#374151;font-size:1rem;line-height:1.75}.prose :where(picture>img):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0;margin-bottom:0}.prose :where(video):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:2em;margin-bottom:2em}.prose :where(li):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.5em;margin-bottom:.5em}.prose :where(ol>li):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:.375em}.prose :where(ul>li):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:.375em}.prose :where(.prose>ul>li p):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.75em;margin-bottom:.75em}.prose :where(.prose>ul>li>:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.25em}.prose :where(.prose>ul>li>:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:1.25em}.prose :where(.prose>ol>li>:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.25em}.prose :where(.prose>ol>li>:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:1.25em}.prose :where(ul ul,ul ol,ol ul,ol ol):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.75em;margin-bottom:.75em}.prose :where(dl):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.25em;margin-bottom:1.25em}.prose :where(dd):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.5em;padding-left:1.625em}.prose :where(hr+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose :where(h2+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose :where(h3+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose :where(h4+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose :where(thead th:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:0}.prose :where(thead th:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-right:0}.prose :where(tbody td,tfoot td):not(:where([class~=not-prose],[class~=not-prose] *)){padding:.5714286em}.prose :where(tbody td:first-child,tfoot td:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:0}.prose :where(tbody td:last-child,tfoot td:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-right:0}.prose :where(figure):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:2em;margin-bottom:2em}.prose :where(.prose>:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose :where(.prose>:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:0}.prose :where([class~=align-left]):not(:where([class~=not-prose],[class~=not-prose] *)){margin-right:.5em}.prose :where([class~=align-right]):not(:where([class~=not-prose],[class~=not-prose] *)){margin-left:.5em}.prose :where([class~=align-center]):not(:where([class~=not-prose],[class~=not-prose] *)){width:-moz-fit-content;width:fit-content;margin-left:auto;margin-right:auto}.prose :where(img[class~=align-center]):not(:where([class~=not-prose],[class~=not-prose] *)){width:auto;display:inline-block;margin-left:auto;margin-right:auto}.prose :where(table thead td):not(:where([class~=not-prose],[class~=not-prose] *)){font-weight:700}.prose :where(a[class~=cta-button]):not(:where([class~=not-prose],[class~=not-prose] *)){display:inline-block;padding:.25em 1.25em;background-color:initial;border:1px solid #38709e;text-decoration:none;text-decoration-line:none}.prose :where(a[class~=cta-button]):not(:where([class~=not-prose],[class~=not-prose] *)):hover{color:#fff;background-color:#5b7f39;border-color:#5b7f39}.prose :where(a[class~=cta-button]):not(:where([class~=not-prose],[class~=not-prose] *)):focus{color:#fff;background-color:#5b7f39;border-color:#5b7f39}.prose :where(figure img):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:0}.prose :where(figure video):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:0}.prose :where(figure audio):not(:where([class~=not-prose],[class~=not-prose] *)){width:100%;margin-bottom:0}.prose :where([class~=media-oembed-content]):not(:where([class~=not-prose],[class~=not-prose] *)){width:100%}.prose :where(figure figcaption):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:-.25rem;text-align:center;background-color:#f3f6f7;padding-top:.75em;padding-bottom:.5em}.prose :where(blockquote[class~=simple]):not(:where([class~=not-prose],[class~=not-prose] *)){display:inline-block;margin-top:0;margin-bottom:0;background-color:unset;padding:0 2.5rem;border:none;font-style:normal;font-weight:inherit}.prose :where(blockquote[class~=simple]):not(:where([class~=not-prose],[class~=not-prose] *)) p:first-of-type:before{content:none}.prose :where(blockquote[class~=simple]):not(:where([class~=not-prose],[class~=not-prose] *)) p:first-of-type{position:relative}.prose :where(blockquote[class~=simple]):not(:where([class~=not-prose],[class~=not-prose] *)) p:last-of-type{margin-bottom:0}@media (max-width:767px){.prose :where(blockquote[class~=simple]):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:3rem}}.prose :where(.footnotes__item-wrapper p):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:.5em}.prose-lg{font-size:1.125rem;line-height:1.7777778}.prose-lg :where(p):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.3333333em;margin-bottom:1.3333333em}.prose-lg :where([class~=lead]):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:1.2222222em;line-height:1.4545455;margin-top:1.0909091em;margin-bottom:1.0909091em}.prose-lg :where(blockquote):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.6666667em;margin-bottom:1.6666667em;padding-left:1em}.prose-lg :where(h1):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:2.6666667em;margin-top:0;margin-bottom:.8333333em;line-height:1}.prose-lg :where(h2):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:1.6666667em;margin-top:1.8666667em;margin-bottom:1.0666667em;line-height:1.3333333}.prose-lg :where(h3):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:1.3333333em;margin-top:1.6666667em;margin-bottom:.6666667em;line-height:1.5}.prose-lg :where(h4):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.7777778em;margin-bottom:.4444444em;line-height:1.5555556}.prose-lg :where(img):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.7777778em;margin-bottom:1.7777778em}.prose-lg :where(picture):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.7777778em;margin-bottom:1.7777778em}.prose-lg :where(picture>img):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0;margin-bottom:0}.prose-lg :where(video):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.7777778em;margin-bottom:1.7777778em}.prose-lg :where(kbd):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:.8888889em;border-radius:.3125rem;padding:.2222222em .4444444em}.prose-lg :where(code):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:.8888889em}.prose-lg :where(h2 code):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:.8666667em}.prose-lg :where(h3 code):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:.875em}.prose-lg :where(pre):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:.8888889em;line-height:1.75;margin-top:2em;margin-bottom:2em;border-radius:.375rem;padding:1em 1.5em}.prose-lg :where(ol):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.3333333em;margin-bottom:1.3333333em;padding-left:1.5555556em}.prose-lg :where(ul):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.3333333em;margin-bottom:1.3333333em;padding-left:1.5555556em}.prose-lg :where(li):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.6666667em;margin-bottom:.6666667em}.prose-lg :where(ol>li):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:.4444444em}.prose-lg :where(ul>li):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:.4444444em}.prose-lg :where(.prose-lg>ul>li p):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.8888889em;margin-bottom:.8888889em}.prose-lg :where(.prose-lg>ul>li>:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.3333333em}.prose-lg :where(.prose-lg>ul>li>:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:1.3333333em}.prose-lg :where(.prose-lg>ol>li>:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.3333333em}.prose-lg :where(.prose-lg>ol>li>:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:1.3333333em}.prose-lg :where(ul ul,ul ol,ol ul,ol ol):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.8888889em;margin-bottom:.8888889em}.prose-lg :where(dl):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.3333333em;margin-bottom:1.3333333em}.prose-lg :where(dt):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.3333333em}.prose-lg :where(dd):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:.6666667em;padding-left:1.5555556em}.prose-lg :where(hr):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:3.1111111em;margin-bottom:3.1111111em}.prose-lg :where(hr+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose-lg :where(h2+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose-lg :where(h3+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose-lg :where(h4+*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose-lg :where(table):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:.8888889em;line-height:1.5}.prose-lg :where(thead th):not(:where([class~=not-prose],[class~=not-prose] *)){padding-right:.75em;padding-bottom:.75em;padding-left:.75em}.prose-lg :where(thead th:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:0}.prose-lg :where(thead th:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-right:0}.prose-lg :where(tbody td,tfoot td):not(:where([class~=not-prose],[class~=not-prose] *)){padding:.75em}.prose-lg :where(tbody td:first-child,tfoot td:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-left:0}.prose-lg :where(tbody td:last-child,tfoot td:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){padding-right:0}.prose-lg :where(figure):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:1.7777778em;margin-bottom:1.7777778em}.prose-lg :where(figure>*):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0;margin-bottom:0}.prose-lg :where(figcaption):not(:where([class~=not-prose],[class~=not-prose] *)){font-size:.8888889em;line-height:1.5;margin-top:1em}.prose-lg :where(.prose-lg>:first-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-top:0}.prose-lg :where(.prose-lg>:last-child):not(:where([class~=not-prose],[class~=not-prose] *)){margin-bottom:0}.mises-link,.mises-link a{--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity));text-decoration-line:none}.mises-link a:focus,.mises-link a:hover,.mises-link:focus,.mises-link:hover{--tw-text-opacity:1;color:rgb(56 112 158/var(--tw-text-opacity));text-decoration-line:underline}.cover-image img{position:absolute;top:0;left:0;height:100%;width:100%;-o-object-fit:cover;object-fit:cover}.fill-svg svg{width:100%;height:100%}img[data-ratio="16:9"]{aspect-ratio:16/9}img[data-ratio="3:2"]{aspect-ratio:3/2}img[data-ratio="6:9"]{aspect-ratio:6/9}img[data-ratio="1:1"]{aspect-ratio:1/1}img[data-ratio="4:3"]{aspect-ratio:4/3}img[data-ratio="17:22"]{aspect-ratio:17/22}.mises-page-background{--tw-bg-opacity:1;background-color:rgb(224 227 228/var(--tw-bg-opacity));background-image:url(https://cdn.mises.org/texture-body.svg)}.node-unpublished .primary-content{--tw-bg-opacity:1;background-color:rgb(255 241 242/var(--tw-bg-opacity))}.node-unpublished .primary-content:before{margin-top:.375rem;display:block;width:100%;text-align:center;font-size:3.75rem;line-height:1;--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity));--tw-drop-shadow:drop-shadow(0 4px 3px #00000012) drop-shadow(0 2px 2px #0000000f);filter:var(--tw-blur) var(--tw-brightness) var(--tw-contrast) var(--tw-grayscale) var(--tw-hue-rotate) var(--tw-invert) var(--tw-saturate) var(--tw-sepia) var(--tw-drop-shadow);--tw-content:"UNPUBLISHED";content:var(--tw-content)}.mises-print-hidden{display:none}@media (min-width:768px){.mises-print-hidden{display:grid}}form>div[id*=ajax-wrapper]{grid-column:span 4/span 4}.sidebar-menu__title{border-bottom:1px rgb(81 88 92/var(--tw-border-opacity));border-style:solid;--tw-border-opacity:0.25;padding:1rem 1.5rem;font-family:Crimson,serif;font-size:1.5rem;line-height:2rem;font-weight:300;letter-spacing:.025em}.sidebar-menu{background-color:#e4ebee73}.sidebar-menu ul{letter-spacing:.025em}.sidebar-menu ul li{display:block;font-size:1rem;line-height:1.5rem}.sidebar-menu .menu__link--has-children{cursor:pointer}.sidebar-menu ul li .menu__link-wrapper{position:relative;display:flex;width:100%;flex-direction:row;align-items:flex-end;justify-content:flex-start;border-bottom:1px rgb(81 88 92/var(--tw-border-opacity));border-style:solid;--tw-border-opacity:0.25;text-align:left;font-weight:600}.sidebar-menu ul li .menu__link{flex:1 1 0%;padding:.75rem 1.25rem;--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity));text-wrap:balance}.sidebar-menu ul li .menu__link:focus,.sidebar-menu ul li .menu__link:hover{--tw-text-opacity:1;color:rgb(91 127 57/var(--tw-text-opacity))}.sidebar-menu ul li .menu__link.is-active{--tw-border-opacity:1;border-color:rgb(90 129 49/var(--tw-border-opacity));--tw-bg-opacity:1;background-color:rgb(91 127 57/var(--tw-bg-opacity));--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.sidebar-menu ul li .menu__link--button,.sidebar-menu ul li .menu__link--nolink{position:relative;width:100%;text-align:left}.sidebar-menu ul li .menu__link-wrapper .atom-svg{position:absolute;top:50%;right:1rem;--tw-translate-y:-50%;transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y));--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity))}.sidebar-menu ul li .menu__link-wrapper .atom-svg:focus,.sidebar-menu ul li .menu__link-wrapper .atom-svg:hover{--tw-text-opacity:1;color:rgb(91 127 57/var(--tw-text-opacity))}.sidebar-menu ul li .menu__link-wrapper .atom-svg svg{height:1.5rem;width:1.5rem}.sidebar-menu ul li li .menu__link{padding-left:2rem}.sidebar-menu ul li li li .menu__link{padding-left:3.5rem}.sidebar-menu ul li li li li .menu__link{padding-left:5rem}.sidebar-menu ul li li li li li .menu__link{padding-left:6rem}.sidebar-menu li.menu__item--has-children>ul{visibility:hidden;display:none;opacity:0;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,-webkit-backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter,-webkit-backdrop-filter;transition-timing-function:cubic-bezier(.4,0,.2,1);transition-duration:.15s}.sidebar-menu li.menu__item--has-children.menu__item--is-open>ul{visibility:visible;display:block;opacity:1}.sidebar-menu li.menu__item--has-children.menu__item--is-open>.menu__link--has-children.is-active{--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.sidebar-menu li.menu__item--has-children.menu__item--is-open>.menu__link-wrapper .atom-svg{--tw-rotate:90deg;transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y));--tw-text-opacity:1;color:rgb(91 127 57/var(--tw-text-opacity))}.sidebar-menu li.menu__item--has-children>.menu__link-wrapper .menu__link--has-children.is-active+.menu__link-icon-button--stand-alone .atom-svg{--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.mises-btn-blue{display:inline-flex;--tw-bg-opacity:1;background-color:rgb(0 66 107/var(--tw-bg-opacity));padding:.75rem 1.25rem;--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity));text-decoration-line:none!important;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,-webkit-backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter,-webkit-backdrop-filter;transition-timing-function:cubic-bezier(.4,0,.2,1);transition-duration:.15s}.mises-btn-blue:focus,.mises-btn-blue:hover{--tw-bg-opacity:1;background-color:rgb(56 112 158/var(--tw-bg-opacity))}.mises-btn-green{display:inline-flex;--tw-bg-opacity:1;background-color:rgb(91 127 57/var(--tw-bg-opacity));padding:.75rem 1.25rem;--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity));text-decoration-line:none!important;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,-webkit-backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter,-webkit-backdrop-filter;transition-timing-function:cubic-bezier(.4,0,.2,1);transition-duration:.15s}.mises-btn-green:focus,.mises-btn-green:hover{--tw-bg-opacity:1;background-color:rgb(61 88 38/var(--tw-bg-opacity))}.mises-btn-blue-outline{display:inline-flex;border-width:1px;--tw-border-opacity:1;border-color:rgb(0 66 107/var(--tw-border-opacity));background-color:initial;padding:.75rem 1.25rem;--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity));text-decoration-line:none!important;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,-webkit-backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter,-webkit-backdrop-filter;transition-timing-function:cubic-bezier(.4,0,.2,1);transition-duration:.15s}.mises-btn-blue-outline:focus,.mises-btn-blue-outline:hover{--tw-border-opacity:1;border-color:rgb(56 112 158/var(--tw-border-opacity));--tw-bg-opacity:1;background-color:rgb(56 112 158/var(--tw-bg-opacity));--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.mises-btn-blue-outline-green-hover{display:inline-flex;border-width:1px;--tw-border-opacity:1;border-color:rgb(0 66 107/var(--tw-border-opacity));background-color:initial;padding:.75rem 1.25rem;--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity));text-decoration-line:none!important;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,-webkit-backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter,-webkit-backdrop-filter;transition-timing-function:cubic-bezier(.4,0,.2,1);transition-duration:.15s}.mises-btn-blue-outline-green-hover:focus,.mises-btn-blue-outline-green-hover:hover{--tw-border-opacity:1;border-color:rgb(91 127 57/var(--tw-border-opacity));--tw-bg-opacity:1;background-color:rgb(91 127 57/var(--tw-bg-opacity));--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.simple-popup-blocks-global{.spb-popup-main-wrapper{width:100%;max-width:650px}.spb_top_center{top:2.5rem}}.sr-only{position:absolute;width:1px;height:1px;padding:0;margin:-1px;overflow:hidden;clip:rect(0,0,0,0);white-space:nowrap;border-width:0}.pointer-events-none{pointer-events:none}.visible{visibility:visible}.invisible{visibility:hidden}.absolute{position:absolute}.relative{position:relative}.inset-0{inset:0}.inset-y-0{top:0;bottom:0}.-left-4{left:-1rem}.-top-2{top:-.5rem}.-top-px{top:-1px}.bottom-0{bottom:0}.bottom-2{bottom:.5rem}.left-0{left:0}.left-2\/4{left:50%}.left-4{left:1rem}.right-0{right:0}.right-2{right:.5rem}.top-0{top:0}.top-1\/2{top:50%}.top-2{top:.5rem}.top-2\/4{top:50%}.top-\[-36px\]{top:-36px}.top-full{top:100%}.z-10{z-index:10}.z-50{z-index:50}.z-\[1\]{z-index:1}.z-\[2\]{z-index:2}.col-span-12{grid-column:span 12/span 12}.col-span-3{grid-column:span 3/span 3}.col-span-4{grid-column:span 4/span 4}.col-span-6{grid-column:span 6/span 6}.col-span-8{grid-column:span 8/span 8}.col-span-9{grid-column:span 9/span 9}.col-span-full{grid-column:1/-1}.col-start-4{grid-column-start:4}.row-span-2{grid-row:span 2/span 2}.row-start-2{grid-row-start:2}.clear-both{clear:both}.m-0{margin:0}.mx-0{margin-left:0;margin-right:0}.mx-14{margin-left:3.5rem;margin-right:3.5rem}.mx-2{margin-left:.5rem;margin-right:.5rem}.mx-\[-1rem\]{margin-left:-1rem;margin-right:-1rem}.mx-auto{margin-left:auto;margin-right:auto}.my-1{margin-top:.25rem;margin-bottom:.25rem}.my-1\.5{margin-top:.375rem;margin-bottom:.375rem}.my-12{margin-top:3rem;margin-bottom:3rem}.my-2{margin-top:.5rem;margin-bottom:.5rem}.my-3{margin-top:.75rem;margin-bottom:.75rem}.my-3\.5{margin-top:.875rem;margin-bottom:.875rem}.my-4{margin-top:1rem;margin-bottom:1rem}.my-5{margin-top:1.25rem;margin-bottom:1.25rem}.my-8{margin-top:2rem;margin-bottom:2rem}.my-9{margin-top:2.25rem;margin-bottom:2.25rem}.my-\[5px\]{margin-top:5px;margin-bottom:5px}.-mb-2{margin-bottom:-.5rem}.-mt-1{margin-top:-.25rem}.-mt-6{margin-top:-1.5rem}.mb-0{margin-bottom:0}.mb-1{margin-bottom:.25rem}.mb-1\.5{margin-bottom:.375rem}.mb-10{margin-bottom:2.5rem}.mb-2{margin-bottom:.5rem}.mb-3{margin-bottom:.75rem}.mb-4{margin-bottom:1rem}.mb-5{margin-bottom:1.25rem}.mb-6{margin-bottom:1.5rem}.mb-7{margin-bottom:1.75rem}.mb-8{margin-bottom:2rem}.mb-9{margin-bottom:2.25rem}.mb-\[60px\]{margin-bottom:60px}.ml-10{margin-left:2.5rem}.ml-2{margin-left:.5rem}.ml-2\.5{margin-left:.625rem}.ml-4{margin-left:1rem}.ml-auto{margin-left:auto}.mr-1{margin-right:.25rem}.mr-2{margin-right:.5rem}.mr-4{margin-right:1rem}.mr-5{margin-right:1.25rem}.mt-0{margin-top:0}.mt-1{margin-top:.25rem}.mt-1\.5{margin-top:.375rem}.mt-2{margin-top:.5rem}.mt-3{margin-top:.75rem}.mt-4{margin-top:1rem}.mt-5{margin-top:1.25rem}.mt-6{margin-top:1.5rem}.mt-8{margin-top:2rem}.block{display:block}.inline-block{display:inline-block}.inline{display:inline}.flex{display:flex}.inline-flex{display:inline-flex}.table{display:table}.grid{display:grid}.contents{display:contents}.hidden{display:none}.aspect-4\/3{aspect-ratio:4/3}.aspect-\[16\/9\]{aspect-ratio:16/9}.aspect-\[4\/3\]{aspect-ratio:4/3}.aspect-video{aspect-ratio:16/9}.h-0{height:0}.h-1{height:.25rem}.h-11{height:2.75rem}.h-3{height:.75rem}.h-32{height:8rem}.h-4{height:1rem}.h-5{height:1.25rem}.h-6{height:1.5rem}.h-7{height:1.75rem}.h-8{height:2rem}.h-\[45px\]{height:45px}.h-\[4px\]{height:4px}.h-\[57px\]{height:57px}.h-\[70vh\]{height:70vh}.h-full{height:100%}.max-h-48{max-height:12rem}.max-h-\[25px\]{max-height:25px}.max-h-\[800px\]{max-height:800px}.max-h-max{max-height:-moz-max-content;max-height:max-content}.min-h-\[18rem\]{min-height:18rem}.min-h-\[500px\]{min-height:500px}.w-1\/4{width:25%}.w-11{width:2.75rem}.w-12{width:3rem}.w-14{width:3.5rem}.w-2\/6{width:33.333333%}.w-3{width:.75rem}.w-3\/4{width:75%}.w-3\/5{width:60%}.w-32{width:8rem}.w-4{width:1rem}.w-5{width:1.25rem}.w-6{width:1.5rem}.w-64{width:16rem}.w-7{width:1.75rem}.w-8{width:2rem}.w-\[151px\]{width:151px}.w-\[45px\]{width:45px}.w-full{width:100%}.min-w-\[15rem\]{min-width:15rem}.max-w-2xl{max-width:42rem}.max-w-5xl{max-width:64rem}.max-w-\[25px\]{max-width:25px}.max-w-\[368px\]{max-width:368px}.max-w-full{max-width:100%}.max-w-max{max-width:-moz-max-content;max-width:max-content}.max-w-none{max-width:none}.flex-1{flex:1 1 0%}.flex-none{flex:none}.flex-shrink{flex-shrink:1}.shrink-0{flex-shrink:0}.flex-grow,.grow{flex-grow:1}.-translate-y-0{--tw-translate-y:-0px}.-translate-y-0,.-translate-y-0\.5{transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.-translate-y-0\.5{--tw-translate-y:-0.125rem}.-translate-y-1\/2{--tw-translate-y:-50%}.-translate-y-1\/2,.translate-x-\[-50\%\]{transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.translate-x-\[-50\%\]{--tw-translate-x:-50%}.translate-y-0{--tw-translate-y:0px}.translate-y-0,.translate-y-0\.5{transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.translate-y-0\.5{--tw-translate-y:0.125rem}.translate-y-\[-50\%\]{--tw-translate-y:-50%}.rotate-0,.translate-y-\[-50\%\]{transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.rotate-0{--tw-rotate:0deg}.transform{transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}@keyframes pulse{50%{opacity:.5}}.animate-pulse{animation:pulse 2s cubic-bezier(.4,0,.6,1) infinite}.cursor-pointer{cursor:pointer}.list-inside{list-style-position:inside}.list-disc{list-style-type:disc}.list-none{list-style-type:none}.appearance-none{-webkit-appearance:none;-moz-appearance:none;appearance:none}.auto-cols-\[250px\]{grid-auto-columns:250px}.grid-flow-col{grid-auto-flow:column}.grid-cols-1{grid-template-columns:repeat(1,minmax(0,1fr))}.grid-cols-12{grid-template-columns:repeat(12,minmax(0,1fr))}.grid-cols-2{grid-template-columns:repeat(2,minmax(0,1fr))}.grid-cols-3{grid-template-columns:repeat(3,minmax(0,1fr))}.grid-cols-4{grid-template-columns:repeat(4,minmax(0,1fr))}.grid-rows-1{grid-template-rows:repeat(1,minmax(0,1fr))}.grid-rows-2{grid-template-rows:repeat(2,minmax(0,1fr))}.flex-row{flex-direction:row}.flex-col{flex-direction:column}.flex-wrap{flex-wrap:wrap}.flex-nowrap{flex-wrap:nowrap}.items-start{align-items:flex-start}.items-center{align-items:center}.justify-start{justify-content:flex-start}.justify-end{justify-content:flex-end}.justify-center{justify-content:center}.justify-between{justify-content:space-between}.justify-items-start{justify-items:start}.justify-items-end{justify-items:end}.justify-items-center{justify-items:center}.gap-0{gap:0}.gap-1{gap:.25rem}.gap-1\.5{gap:.375rem}.gap-10{gap:2.5rem}.gap-12{gap:3rem}.gap-2{gap:.5rem}.gap-2\.5{gap:.625rem}.gap-3{gap:.75rem}.gap-4{gap:1rem}.gap-5{gap:1.25rem}.gap-6{gap:1.5rem}.gap-7{gap:1.75rem}.gap-8{gap:2rem}.gap-\[21px\]{gap:21px}.gap-\[30px\]{gap:30px}.gap-x-2{-moz-column-gap:.5rem;column-gap:.5rem}.gap-x-5{-moz-column-gap:1.25rem;column-gap:1.25rem}.self-end{align-self:flex-end}.overflow-hidden{overflow:hidden}.overflow-x-auto{overflow-x:auto}.overflow-x-scroll{overflow-x:scroll}.scroll-smooth{scroll-behavior:smooth}.break-words{overflow-wrap:break-word}.break-all{word-break:break-all}.rounded{border-radius:.25rem}.rounded-full{border-radius:9999px}.rounded-none{border-radius:0}.rounded-sm{border-radius:.125rem}.rounded-b{border-bottom-right-radius:.25rem;border-bottom-left-radius:.25rem}.border{border-width:1px}.border-2{border-width:2px}.border-\[1px\]{border-width:1px}.border-x-0{border-left-width:0;border-right-width:0}.border-y{border-top-width:1px}.border-b,.border-y{border-bottom-width:1px}.border-l{border-left-width:1px}.border-r{border-right-width:1px}.border-r-0{border-right-width:0}.border-t{border-top-width:1px}.border-t-0{border-top-width:0}.border-t-4{border-top-width:4px}.border-t-8{border-top-width:8px}.border-solid{border-style:solid}.border-none{border-style:none}.border-black{--tw-border-opacity:1;border-color:rgb(0 0 0/var(--tw-border-opacity))}.border-blue-500{--tw-border-opacity:1;border-color:rgb(59 130 246/var(--tw-border-opacity))}.border-gray-300{--tw-border-opacity:1;border-color:rgb(209 213 219/var(--tw-border-opacity))}.border-misesBlue{--tw-border-opacity:1;border-color:rgb(54 110 156/var(--tw-border-opacity))}.border-misesBlueHover{--tw-border-opacity:1;border-color:rgb(0 66 107/var(--tw-border-opacity))}.border-misesGreyDark{--tw-border-opacity:1;border-color:rgb(26 26 26/var(--tw-border-opacity))}.border-misesGreyLight{--tw-border-opacity:1;border-color:rgb(217 217 217/var(--tw-border-opacity))}.border-teal-500{--tw-border-opacity:1;border-color:rgb(20 184 166/var(--tw-border-opacity))}.border-white{--tw-border-opacity:1;border-color:rgb(255 255 255/var(--tw-border-opacity))}.border-yellow-500{--tw-border-opacity:1;border-color:rgb(234 179 8/var(--tw-border-opacity))}.border-b-misesGreyLight{--tw-border-opacity:1;border-bottom-color:rgb(217 217 217/var(--tw-border-opacity))}.border-t-misesGreyLight{--tw-border-opacity:1;border-top-color:rgb(217 217 217/var(--tw-border-opacity))}.border-opacity-50{--tw-border-opacity:0.5}.bg-\[\#E0E3E408\]{background-color:#e0e3e408}.bg-\[\#d9e1e5\]{--tw-bg-opacity:1;background-color:rgb(217 225 229/var(--tw-bg-opacity))}.bg-\[\#ebf0f3\]{--tw-bg-opacity:1;background-color:rgb(235 240 243/var(--tw-bg-opacity))}.bg-\[rgba\(0\2c 0\2c 0\2c 0\.25\)\]{background-color:#00000040}.bg-black{--tw-bg-opacity:1;background-color:rgb(0 0 0/var(--tw-bg-opacity))}.bg-misesBlue{--tw-bg-opacity:1;background-color:rgb(54 110 156/var(--tw-bg-opacity))}.bg-misesBlueDark,.bg-misesBlueHover{--tw-bg-opacity:1;background-color:rgb(0 66 107/var(--tw-bg-opacity))}.bg-misesGreen{--tw-bg-opacity:1;background-color:rgb(90 129 49/var(--tw-bg-opacity))}.bg-misesGreenDark{--tw-bg-opacity:1;background-color:rgb(61 88 38/var(--tw-bg-opacity))}.bg-misesGreenLight{--tw-bg-opacity:1;background-color:rgb(91 127 57/var(--tw-bg-opacity))}.bg-misesGrey{--tw-bg-opacity:1;background-color:rgb(73 78 84/var(--tw-bg-opacity))}.bg-misesGreyBlue{--tw-bg-opacity:1;background-color:rgb(228 235 238/var(--tw-bg-opacity))}.bg-misesGreyBlue\/\[\.45\]{background-color:#e4ebee73}.bg-misesGreyBlueLight{--tw-bg-opacity:1;background-color:rgb(243 246 247/var(--tw-bg-opacity))}.bg-misesGreyDark{--tw-bg-opacity:1;background-color:rgb(26 26 26/var(--tw-bg-opacity))}.bg-misesGreyDarkish{--tw-bg-opacity:1;background-color:rgb(45 45 45/var(--tw-bg-opacity))}.bg-misesGreyLight{--tw-bg-opacity:1;background-color:rgb(217 217 217/var(--tw-bg-opacity))}.bg-misesGreyish{--tw-bg-opacity:1;background-color:rgb(81 88 92/var(--tw-bg-opacity))}.bg-transparent{background-color:initial}.bg-white{--tw-bg-opacity:1;background-color:rgb(255 255 255/var(--tw-bg-opacity))}.bg-opacity-50{--tw-bg-opacity:0.5}.bg-none{background-image:none}.bg-auto{background-size:auto}.fill-misesBlue{fill:#366e9c}.p-10{padding:2.5rem}.p-2{padding:.5rem}.p-3{padding:.75rem}.p-4{padding:1rem}.p-8{padding:2rem}.px-0{padding-left:0;padding-right:0}.px-1{padding-left:.25rem;padding-right:.25rem}.px-1\.5{padding-left:.375rem;padding-right:.375rem}.px-10{padding-left:2.5rem;padding-right:2.5rem}.px-2{padding-left:.5rem;padding-right:.5rem}.px-2\.5{padding-left:.625rem;padding-right:.625rem}.px-3{padding-left:.75rem;padding-right:.75rem}.px-4{padding-left:1rem;padding-right:1rem}.px-5{padding-left:1.25rem;padding-right:1.25rem}.px-6{padding-left:1.5rem;padding-right:1.5rem}.px-8{padding-left:2rem;padding-right:2rem}.px-\[20px\]{padding-left:20px;padding-right:20px}.px-\[3\%\]{padding-left:3%;padding-right:3%}.py-1{padding-top:.25rem;padding-bottom:.25rem}.py-1\.5{padding-top:.375rem;padding-bottom:.375rem}.py-10{padding-top:2.5rem;padding-bottom:2.5rem}.py-12{padding-top:3rem;padding-bottom:3rem}.py-14{padding-top:3.5rem;padding-bottom:3.5rem}.py-2{padding-top:.5rem;padding-bottom:.5rem}.py-3{padding-top:.75rem;padding-bottom:.75rem}.py-4{padding-top:1rem;padding-bottom:1rem}.py-5{padding-top:1.25rem;padding-bottom:1.25rem}.py-7{padding-top:1.75rem;padding-bottom:1.75rem}.py-8{padding-top:2rem;padding-bottom:2rem}.py-\[30px\]{padding-top:30px;padding-bottom:30px}.py-\[50px\]{padding-top:50px;padding-bottom:50px}.py-\[8px\]{padding-top:8px;padding-bottom:8px}.pb-2{padding-bottom:.5rem}.pb-4{padding-bottom:1rem}.pb-5{padding-bottom:1.25rem}.pb-6{padding-bottom:1.5rem}.pb-\[10px\]{padding-bottom:10px}.pb-\[35px\]{padding-bottom:35px}.pl-2{padding-left:.5rem}.pl-3{padding-left:.75rem}.pl-4{padding-left:1rem}.pr-0{padding-right:0}.pr-10{padding-right:2.5rem}.pr-2{padding-right:.5rem}.pr-4{padding-right:1rem}.pr-5{padding-right:1.25rem}.pr-6{padding-right:1.5rem}.pt-2{padding-top:.5rem}.pt-2\.5{padding-top:.625rem}.pt-3{padding-top:.75rem}.pt-4{padding-top:1rem}.pt-5{padding-top:1.25rem}.pt-6{padding-top:1.5rem}.pt-8{padding-top:2rem}.text-left{text-align:left}.text-center{text-align:center}.text-right{text-align:right}.font-crimson{font-family:Crimson,serif}.font-myriad{font-family:Myriad Pro,san-serif}.text-2xl{font-size:1.5rem;line-height:2rem}.text-3xl{font-size:1.875rem;line-height:2.25rem}.text-4xl{font-size:2.25rem;line-height:2.5rem}.text-5xl{font-size:3rem;line-height:1}.text-base{font-size:1rem;line-height:1.5rem}.text-lg{font-size:1.125rem;line-height:1.75rem}.text-sm{font-size:.875rem;line-height:1.25rem}.text-xl{font-size:1.25rem;line-height:1.75rem}.text-xs{font-size:.75rem;line-height:1rem}.font-black{font-weight:900}.font-bold{font-weight:700}.font-medium{font-weight:500}.font-normal{font-weight:400}.font-semibold{font-weight:600}.uppercase{text-transform:uppercase}.capitalize{text-transform:capitalize}.not-italic{font-style:normal}.leading-7{line-height:1.75rem}.leading-8{line-height:2rem}.leading-\[160\%\]{line-height:160%}.leading-none{line-height:1}.leading-snug{line-height:1.375}.leading-tight{line-height:1.25}.tracking-\[0\.125rem\]{letter-spacing:.125rem}.tracking-wide{letter-spacing:.025em}.tracking-wider{letter-spacing:.05em}.text-\[\#C4C4C4\]{--tw-text-opacity:1;color:rgb(196 196 196/var(--tw-text-opacity))}.text-black{--tw-text-opacity:1;color:rgb(0 0 0/var(--tw-text-opacity))}.text-misesBlue{--tw-text-opacity:1;color:rgb(54 110 156/var(--tw-text-opacity))}.text-misesBlueDark{--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity))}.text-misesGreenDark{--tw-text-opacity:1;color:rgb(61 88 38/var(--tw-text-opacity))}.text-misesGreenerDarkBackgrounds{--tw-text-opacity:1;color:rgb(114 153 73/var(--tw-text-opacity))}.text-misesGrey{--tw-text-opacity:1;color:rgb(73 78 84/var(--tw-text-opacity))}.text-misesGreyDark{--tw-text-opacity:1;color:rgb(26 26 26/var(--tw-text-opacity))}.text-misesGreyish{--tw-text-opacity:1;color:rgb(81 88 92/var(--tw-text-opacity))}.text-white{--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.text-opacity-70{--tw-text-opacity:0.7}.underline{text-decoration-line:underline}.overline{text-decoration-line:overline}.no-underline{text-decoration-line:none}.opacity-0{opacity:0}.opacity-100{opacity:1}.opacity-40{opacity:.4}.opacity-60{opacity:.6}.opacity-\[15\%\]{opacity:15%}.shadow{--tw-shadow:0 1px 3px 0 #0000001a,0 1px 2px -1px #0000001a;--tw-shadow-colored:0 1px 3px 0 var(--tw-shadow-color),0 1px 2px -1px var(--tw-shadow-color)}.shadow,.shadow-lg{box-shadow:var(--tw-ring-offset-shadow,0 0 #0000),var(--tw-ring-shadow,0 0 #0000),var(--tw-shadow)}.shadow-lg{--tw-shadow:0 10px 15px -3px #0000001a,0 4px 6px -4px #0000001a;--tw-shadow-colored:0 10px 15px -3px var(--tw-shadow-color),0 4px 6px -4px var(--tw-shadow-color)}.shadow-md{--tw-shadow:0 4px 6px -1px #0000001a,0 2px 4px -2px #0000001a;--tw-shadow-colored:0 4px 6px -1px var(--tw-shadow-color),0 2px 4px -2px var(--tw-shadow-color);box-shadow:var(--tw-ring-offset-shadow,0 0 #0000),var(--tw-ring-shadow,0 0 #0000),var(--tw-shadow)}.outline{outline-style:solid}.blur{--tw-blur:blur(8px)}.blur,.filter{filter:var(--tw-blur) var(--tw-brightness) var(--tw-contrast) var(--tw-grayscale) var(--tw-hue-rotate) var(--tw-invert) var(--tw-saturate) var(--tw-sepia) var(--tw-drop-shadow)}.transition{transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,-webkit-backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter;transition-property:color,background-color,border-color,text-decoration-color,fill,stroke,opacity,box-shadow,transform,filter,backdrop-filter,-webkit-backdrop-filter;transition-timing-function:cubic-bezier(.4,0,.2,1);transition-duration:.15s}.transition-all{transition-property:all;transition-timing-function:cubic-bezier(.4,0,.2,1);transition-duration:.15s}.duration-200{transition-duration:.2s}.duration-300{transition-duration:.3s}.ease-in{transition-timing-function:cubic-bezier(.4,0,1,1)}.ease-out{transition-timing-function:cubic-bezier(0,0,.2,1)}.no-scrollbar::-webkit-scrollbar{display:none}.no-scrollbar{-ms-overflow-style:none;scrollbar-width:none}.stretched-link:after{content:"";pointer-events:auto;position:absolute;inset:0;z-index:10;background-color:initial}.\[text-wrap\:balance\]{text-wrap:balance}.marker\:text-misesGrey ::marker{color:#494e54}.marker\:text-white ::marker{color:#fff}.marker\:text-misesGrey::marker{color:#494e54}.marker\:text-white::marker{color:#fff}.backdrop\:bg-black::backdrop{--tw-bg-opacity:1;background-color:rgb(0 0 0/var(--tw-bg-opacity))}.backdrop\:opacity-50::backdrop{opacity:.5}.after\:absolute:after{content:var(--tw-content);position:absolute}.after\:inset-0:after{content:var(--tw-content);inset:0}.first\:mt-4:first-child{margin-top:1rem}.first\:border-t:first-child{border-top-width:1px}.first\:pt-0:first-child{padding-top:0}.last\:mb-0:last-child{margin-bottom:0}.last\:border-0:last-child{border-width:0}.last\:border-none:last-child{border-style:none}.last\:pb-0:last-child{padding-bottom:0}.checked\:bg-misesBlueDark:checked{--tw-bg-opacity:1;background-color:rgb(0 66 107/var(--tw-bg-opacity))}.hover\:-translate-y-1:hover{--tw-translate-y:-0.25rem;transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.hover\:cursor-pointer:hover{cursor:pointer}.hover\:border-misesBlueHover:hover{--tw-border-opacity:1;border-color:rgb(0 66 107/var(--tw-border-opacity))}.hover\:border-misesGreenLight:hover{--tw-border-opacity:1;border-color:rgb(91 127 57/var(--tw-border-opacity))}.hover\:bg-misesBlue:hover{--tw-bg-opacity:1;background-color:rgb(54 110 156/var(--tw-bg-opacity))}.hover\:bg-misesBlueDarkHover:hover{--tw-bg-opacity:1;background-color:rgb(56 112 158/var(--tw-bg-opacity))}.hover\:bg-misesBlueHover:hover{--tw-bg-opacity:1;background-color:rgb(0 66 107/var(--tw-bg-opacity))}.hover\:bg-misesGreen:hover{--tw-bg-opacity:1;background-color:rgb(90 129 49/var(--tw-bg-opacity))}.hover\:bg-misesGreenDark:hover{--tw-bg-opacity:1;background-color:rgb(61 88 38/var(--tw-bg-opacity))}.hover\:bg-misesGreenLight:hover{--tw-bg-opacity:1;background-color:rgb(91 127 57/var(--tw-bg-opacity))}.hover\:text-misesBlue:hover{--tw-text-opacity:1;color:rgb(54 110 156/var(--tw-text-opacity))}.hover\:text-misesBlueDarkHover:hover{--tw-text-opacity:1;color:rgb(56 112 158/var(--tw-text-opacity))}.hover\:text-misesBlueHover:hover{--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity))}.hover\:text-misesGreen:hover{--tw-text-opacity:1;color:rgb(90 129 49/var(--tw-text-opacity))}.hover\:text-white:hover{--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.hover\:text-opacity-100:hover{--tw-text-opacity:1}.hover\:underline:hover{text-decoration-line:underline}.hover\:no-underline:hover{text-decoration-line:none}.focus\:-translate-y-1:focus{--tw-translate-y:-0.25rem;transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.focus\:border-misesBlueHover:focus{--tw-border-opacity:1;border-color:rgb(0 66 107/var(--tw-border-opacity))}.focus\:bg-misesBlue:focus{--tw-bg-opacity:1;background-color:rgb(54 110 156/var(--tw-bg-opacity))}.focus\:bg-misesBlueDarkHover:focus{--tw-bg-opacity:1;background-color:rgb(56 112 158/var(--tw-bg-opacity))}.focus\:bg-misesBlueHover:focus{--tw-bg-opacity:1;background-color:rgb(0 66 107/var(--tw-bg-opacity))}.focus\:bg-misesGreenDark:focus{--tw-bg-opacity:1;background-color:rgb(61 88 38/var(--tw-bg-opacity))}.focus\:bg-misesGreenLight:focus{--tw-bg-opacity:1;background-color:rgb(91 127 57/var(--tw-bg-opacity))}.focus\:text-misesBlue:focus{--tw-text-opacity:1;color:rgb(54 110 156/var(--tw-text-opacity))}.focus\:text-misesBlueDarkHover:focus{--tw-text-opacity:1;color:rgb(56 112 158/var(--tw-text-opacity))}.focus\:text-misesBlueHover:focus{--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity))}.focus\:text-white:focus{--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.focus\:underline:focus{text-decoration-line:underline}.focus\:outline-none:focus{outline:2px solid #0000;outline-offset:2px}.focus\:ring:focus{--tw-ring-offset-shadow:var(--tw-ring-inset) 0 0 0 var(--tw-ring-offset-width) var(--tw-ring-offset-color);--tw-ring-shadow:var(--tw-ring-inset) 0 0 0 calc(3px + var(--tw-ring-offset-width)) var(--tw-ring-color);box-shadow:var(--tw-ring-offset-shadow),var(--tw-ring-shadow),var(--tw-shadow,0 0 #0000)}.focus\:ring-indigo-200:focus{--tw-ring-opacity:1;--tw-ring-color:rgb(199 210 254/var(--tw-ring-opacity))}.focus\:ring-opacity-50:focus{--tw-ring-opacity:0.5}.group[open] .group-open\:-rotate-180,.group\/top[open] .group-open\/top\:-rotate-180{--tw-rotate:-180deg;transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.group:hover .group-hover\:bg-misesBlueHover{--tw-bg-opacity:1;background-color:rgb(0 66 107/var(--tw-bg-opacity))}.group.open .group-\[\.open\]\:translate-y-\[-0\.3rem\]{--tw-translate-y:-0.3rem}.group.open .group-\[\.open\]\:translate-y-\[-0\.3rem\],.group.open .group-\[\.open\]\:translate-y-\[0\.7rem\]{transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.group.open .group-\[\.open\]\:translate-y-\[0\.7rem\]{--tw-translate-y:0.7rem}.group.open .group-\[\.open\]\:-rotate-45{--tw-rotate:-45deg}.group.open .group-\[\.open\]\:-rotate-45,.group.open .group-\[\.open\]\:rotate-45{transform:translate(var(--tw-translate-x),var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y))}.group.open .group-\[\.open\]\:rotate-45{--tw-rotate:45deg}.group.open .group-\[\.open\]\:bg-misesBlueHover{--tw-bg-opacity:1;background-color:rgb(0 66 107/var(--tw-bg-opacity))}.group.menu-open .group-\[\.menu-open\]\:opacity-100{opacity:1}.group.open .group-\[\.open\]\:opacity-0{opacity:0}.prose-headings\:text-misesBlueDark :is(:where(h1,h2,h3,h4,h5,h6,th):not(:where([class~=not-prose],[class~=not-prose] *))){--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity))}.prose-headings\:text-white :is(:where(h1,h2,h3,h4,h5,h6,th):not(:where([class~=not-prose],[class~=not-prose] *))){--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.first\:prose-h2\:mt-0 :is(:where(h2):not(:where([class~=not-prose],[class~=not-prose] *))):first-child{margin-top:0}.first\:prose-h3\:mt-0 :is(:where(h3):not(:where([class~=not-prose],[class~=not-prose] *))):first-child{margin-top:0}.prose-p\:mt-0 :is(:where(p):not(:where([class~=not-prose],[class~=not-prose] *))){margin-top:0}.first\:prose-p\:mt-0 :is(:where(p):not(:where([class~=not-prose],[class~=not-prose] *))):first-child{margin-top:0}.last\:prose-p\:mb-0 :is(:where(p):not(:where([class~=not-prose],[class~=not-prose] *))):last-child{margin-bottom:0}.prose-p\:last-of-type\:mb-0:last-of-type :is(:where(p):not(:where([class~=not-prose],[class~=not-prose] *))){margin-bottom:0}.prose-a\:text-misesBlueDark :is(:where(a):not(:where([class~=not-prose],[class~=not-prose] *))){--tw-text-opacity:1;color:rgb(0 66 107/var(--tw-text-opacity))}.prose-a\:text-white :is(:where(a):not(:where([class~=not-prose],[class~=not-prose] *))){--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.prose-a\:underline :is(:where(a):not(:where([class~=not-prose],[class~=not-prose] *))){text-decoration-line:underline}.hover\:prose-a\:no-underline :is(:where(a):not(:where([class~=not-prose],[class~=not-prose] *))):hover{text-decoration-line:none}.prose-figure\:my-1 :is(:where(figure):not(:where([class~=not-prose],[class~=not-prose] *))){margin-top:.25rem;margin-bottom:.25rem}.first\:prose-figure\:mt-0 :is(:where(figure):not(:where([class~=not-prose],[class~=not-prose] *))):first-child{margin-top:0}.prose-strong\:text-white :is(:where(strong):not(:where([class~=not-prose],[class~=not-prose] *))){--tw-text-opacity:1;color:rgb(255 255 255/var(--tw-text-opacity))}.prose-ol\:mt-0 :is(:where(ol):not(:where([class~=not-prose],[class~=not-prose] *))){margin-top:0}.prose-ol\:inline-block :is(:where(ol):not(:where([class~=not-prose],[class~=not-prose] *))){display:inline-block}.first\:prose-ol\:mt-0 :is(:where(ol):not(:where([class~=not-prose],[class~=not-prose] *))):first-child{margin-top:0}.prose-ul\:mt-0 :is(:where(ul):not(:where([class~=not-prose],[class~=not-prose] *))){margin-top:0}.prose-ul\:inline-block :is(:where(ul):not(:where([class~=not-prose],[class~=not-prose] *))){display:inline-block}.first\:prose-ul\:mt-0 :is(:where(ul):not(:where([class~=not-prose],[class~=not-prose] *))):first-child{margin-top:0}.prose-th\:font-bold :is(:where(th):not(:where([class~=not-prose],[class~=not-prose] *))){font-weight:700}.prose-img\:my-1 :is(:where(img):not(:where([class~=not-prose],[class~=not-prose] *))){margin-top:.25rem;margin-bottom:.25rem}@media (min-width:640px){.sm\:grid-cols-1{grid-template-columns:repeat(1,minmax(0,1fr))}}@media (min-width:768px){.md\:-right-4{right:-1rem}.md\:col-span-10{grid-column:span 10/span 10}.md\:col-span-12{grid-column:span 12/span 12}.md\:col-span-2{grid-column:span 2/span 2}.md\:col-span-3{grid-column:span 3/span 3}.md\:col-span-4{grid-column:span 4/span 4}.md\:col-span-6{grid-column:span 6/span 6}.md\:col-span-8{grid-column:span 8/span 8}.md\:col-span-9{grid-column:span 9/span 9}.md\:col-start-3{grid-column-start:3}.md\:mr-\[30px\]{margin-right:30px}.md\:flex{display:flex}.md\:min-w-\[150px\]{min-width:150px}.md\:grid-cols-12{grid-template-columns:repeat(12,minmax(0,1fr))}.md\:grid-cols-2{grid-template-columns:repeat(2,minmax(0,1fr))}.md\:grid-cols-3{grid-template-columns:repeat(3,minmax(0,1fr))}.md\:items-end{align-items:flex-end}.md\:items-center{align-items:center}.md\:justify-end{justify-content:flex-end}.md\:border-r{border-right-width:1px}.md\:border-t-0{border-top-width:0}.md\:border-t-8{border-top-width:8px}.md\:py-\[10px\]{padding-top:10px;padding-bottom:10px}.md\:pr-\[30px\]{padding-right:30px}.md\:text-4xl{font-size:2.25rem;line-height:2.5rem}.md\:text-5xl{font-size:3rem;line-height:1}.md\:last\:border-r-0:last-child{border-right-width:0}}@media (min-width:1024px){.lg\:col-span-1{grid-column:span 1/span 1}.lg\:col-span-2{grid-column:span 2/span 2}.lg\:col-span-4{grid-column:span 4/span 4}.lg\:col-span-8{grid-column:span 8/span 8}.lg\:float-left{float:left}.lg\:m-0{margin:0}.lg\:mr-12{margin-right:3rem}.lg\:mr-2{margin-right:.5rem}.lg\:mr-5{margin-right:1.25rem}.lg\:mr-\[30px\]{margin-right:30px}.lg\:block{display:block}.lg\:flex{display:flex}.lg\:hidden{display:none}.lg\:min-h-\[8rem\]{min-height:8rem}.lg\:\!w-full{width:100%!important}.lg\:w-auto{width:auto}.lg\:max-w-\[240px\]{max-width:240px}.lg\:grid-cols-12{grid-template-columns:repeat(12,minmax(0,1fr))}.lg\:grid-cols-3{grid-template-columns:repeat(3,minmax(0,1fr))}.lg\:grid-cols-4{grid-template-columns:repeat(4,minmax(0,1fr))}.lg\:items-center{align-items:center}.lg\:gap-5{gap:1.25rem}.lg\:gap-6{gap:1.5rem}.lg\:border-r{border-right-width:1px}.lg\:border-t-8{border-top-width:8px}.lg\:border-solid{border-style:solid}.lg\:border-misesBlue{--tw-border-opacity:1;border-color:rgb(54 110 156/var(--tw-border-opacity))}.lg\:px-12{padding-left:3rem;padding-right:3rem}.lg\:px-2{padding-left:.5rem;padding-right:.5rem}.lg\:px-20{padding-left:5rem;padding-right:5rem}.lg\:pr-5{padding-right:1.25rem}.lg\:pr-\[30px\]{padding-right:30px}.lg\:text-6xl{font-size:3.75rem;line-height:1}}@media (min-width:1280px){.xl\:grid-cols-3{grid-template-columns:repeat(3,minmax(0,1fr))}.xl\:pl-9{padding-left:2.25rem}}@media (max-width:1100px){.-lg\:col-span-12{grid-column:span 12/span 12}.-lg\:col-span-5{grid-column:span 5/span 5}.-lg\:col-span-7{grid-column:span 7/span 7}.-lg\:col-span-full{grid-column:1/-1}.-lg\:row-span-1{grid-row:span 1/span 1}.-lg\:row-start-1{grid-row-start:1}.-lg\:mx-0{margin-left:0;margin-right:0}.-lg\:mb-2{margin-bottom:.5rem}.-lg\:mb-2\.5{margin-bottom:.625rem}.-lg\:mb-5{margin-bottom:1.25rem}.-lg\:mb-6{margin-bottom:1.5rem}.-lg\:mb-\[30px\]{margin-bottom:30px}.-lg\:mr-2{margin-right:.5rem}.-lg\:\!flex{display:flex!important}.-lg\:flex{display:flex}.-lg\:hidden{display:none}.-lg\:h-5{height:1.25rem}.-lg\:h-6{height:1.5rem}.-lg\:w-4{width:1rem}.-lg\:w-5{width:1.25rem}.-lg\:max-w-full{max-width:100%}.-lg\:grid-cols-1{grid-template-columns:repeat(1,minmax(0,1fr))}.-lg\:grid-rows-1{grid-template-rows:repeat(1,minmax(0,1fr))}.-lg\:flex-col{flex-direction:column}.-lg\:gap-0{gap:0}.-lg\:gap-2{gap:.5rem}.-lg\:gap-2\.5{gap:.625rem}.-lg\:border-none{border-style:none}.-lg\:px-0{padding-left:0;padding-right:0}.-lg\:text-\[28px\]{font-size:28px}.-lg\:text-base{font-size:1rem;line-height:1.5rem}}@media (max-width:767px){.-md\:hidden{display:none}.-md\:flex-col{flex-direction:column}}@media print{.print\:col-span-full{grid-column:1/-1}.print\:hidden{display:none}}.\[\&\>a\]\:block>a{display:block}.\[\&\>div\]\:w-full>div{width:100%}.\[\&\>div\]\:bg-misesGreyish>div{--tw-bg-opacity:1;background-color:rgb(81 88 92/var(--tw-bg-opacity))}.\[\&\>section\]\:mb-8>section{margin-bottom:2rem}.\[\&\>section\]\:border-b>section{border-bottom-width:1px}.\[\&\>section\]\:border-b-misesGreyLight>section{--tw-border-opacity:1;border-bottom-color:rgb(217 217 217/var(--tw-border-opacity))}.\[\&\>section\]\:pb-8>section{padding-bottom:2rem}.\[\&\>section\]\:first-of-type\:border-none:first-of-type>section{border-style:none}.\[\&\>svg\]\:h-6>svg{height:1.5rem}.\[\&\>svg\]\:h-full>svg{height:100%}.\[\&\>svg\]\:w-6>svg{width:1.5rem}.\[\&\>svg\]\:w-full>svg{width:100%}.\[\&_\.container\]\:p-0 .container{padding:0}.\[\&_\.paragraph\]\:mt-0 .paragraph{margin-top:0}.\[\&_iframe\]\:aspect-video iframe{aspect-ratio:16/9}.\[\&_iframe\]\:h-auto iframe{height:auto}.\[\&_iframe\]\:w-full iframe,.\[\&_img\]\:w-full img{width:100%}.\[\&_summary\:\:-webkit-details-marker\]\:hidden summary::-webkit-details-marker{display:none}.\[\&_video\]\:aspect-video video{aspect-ratio:16/9}.\[\&_video\]\:h-auto video{height:auto}.\[\&_video\]\:w-full video{width:100%}</style> <link rel="preconnect" href="https://cdn.mises.org" /> <link rel="icon" href="/themes/custom/mises/favicon.ico" type="image/vnd.microsoft.icon" /> <link rel="alternate" hreflang="en" href="https://mises.org/profile/ludwig-von-mises" /> <link rel="alternate" hreflang="es" href="https://mises.org/es/profile/ludwig-von-mises" /> <link rel="alternate" hreflang="ko" href="https://mises.org/ko/profile/ludwig-von-mises" /> <title>Ludwig von Mises</title> <link rel="stylesheet" media="all" href="/sites/default/files/css/css_Qb-O661lCZ0LVmdtvNbU49hH8m8crsE3MXfjaonMLaw.css?delta=0&language=es&theme=mises&include=eJyNzcEKwyAQBNAf0vpJou5Alqi7uKZJ_74huRTaQ2_DY4YpK4injMid0GeuUtbwkZ1x04qoopvGiyz8MGcvm2ghJ4N7MnaLlGaKOFTGDF9yd25_NKGtwhUZCEWaSj_vT2aDeX8d-AWJMHyTzBWehijJ3v_ZvAFkw1ll" /> </head> <body class="node-published bg-white m-0 text-base font-myriad path-node page-node-type-person bg-misesGreyLight"> <a href="#main-content" class="visually-hidden focusable skip-link"> Skip to main content </a> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-588JCSW" height="0" width="0" style="display:none;visibility:hidden;"></iframe> </noscript> <div class="dialog-off-canvas-main-canvas" data-off-canvas-main-canvas> <div class="layout-container mises-page-background"> <div class="container px-0 bg-white"> <div class="print:hidden"> <header role="banner" class="header bg-white mb-9 -lg:mb-6 border-b border-misesGreyLight border-opacity-50 relative" data-component-id="mises:block-header"> <div class="header__container container grid grid-cols-12 grid-rows-2 -lg:grid-rows-1 pr-0"> <div class="header__logo col-span-3 row-span-2 flex flex-col justify-center items-start text-center border-r border-misesGreyLight border-opacity-50 -lg:row-start-1 -lg:col-span-7 -lg:row-span-1 -lg:border-none"> <a href="https://mises.org/es" class="py-4 pr-4"> <img src="data:image/svg+xml;base64,<svg id="Layer_1" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 498.65 79.82" width="500" height="90">
    <defs>
        <style>
            .cls-1{fill:#6d6e71}.cls-2{fill:#54575a}.cls-3{fill:#005595}.cls-4{fill:#226093}
        </style>
    </defs>
    <path class="cls-4" d="M55.39 38.9c0 1.31.04 2.41.14 3.31.09.9.27 1.58.54 2.03.5.77 1.56 1.17 3.19 1.22.5.05.99.08 1.46.1.48.02.99.06 1.53.1v1.35c-1.81-.09-3.49-.15-5.03-.17a358.483 358.483 0 0 0-9.32 0c-1.49.02-2.88.08-4.14.17v-1.42c.36-.04.7-.07 1.02-.07s.63-.02.95-.07c.82-.09 1.5-.21 2.04-.37s.93-.44 1.16-.85c.27-.45.45-1.13.54-2.03.09-.9.14-2.01.14-3.31V6.63c-.95 1.44-1.71 2.69-2.28 3.75a72.67 72.67 0 0 0-1.46 2.87l-12.3 25.91c-.41.9-.82 1.83-1.22 2.77-.41.95-.79 1.89-1.16 2.84-.23.5-.43.98-.61 1.45s-.39.96-.61 1.45h-.82L10.05 7.51l-.68.14-.14 31.25c0 1.31.04 2.41.14 3.31.09.9.29 1.58.61 2.03.23.41.59.69 1.09.85.5.16 1.18.28 2.04.37.41.05.86.07 1.36.07s.95.02 1.36.07v1.42c-.41 0-.9-.01-1.46-.03-.57-.02-1.03-.03-1.39-.03-.86-.05-1.71-.08-2.55-.1a107.137 107.137 0 0 0-5.07 0c-.95.02-1.81.06-2.58.1-.41 0-.83.01-1.26.03-.43.02-.87.03-1.33.03V45.6l2.72-.14c.86-.09 1.55-.21 2.07-.37.52-.16.89-.44 1.12-.84.27-.45.45-1.13.54-2.03.09-.9.14-2 .14-3.31V8.17c0-1.31-.05-2.41-.14-3.31-.09-.9-.27-1.58-.54-2.03-.45-.67-1.52-1.08-3.2-1.22-.41-.04-.85-.07-1.33-.07S.63 1.52.18 1.47V0c.32 0 .63.01.95.03.32.02.59.03.82.03.72.05 1.46.08 2.21.1a85.537 85.537 0 0 0 4.52 0c.81-.02 1.56-.06 2.24-.1.27 0 .57-.01.88-.03.32-.02.61-.03.88-.03l18.46 38.69c2.99-6.31 6.04-12.75 9.16-19.31S46.5 6.36 49.48 0c.27 0 .6.01.98.03.38.02.69.03.92.03.77.05 1.51.08 2.21.1.7.02 1.42.03 2.14.03.68 0 1.45-.01 2.31-.03.86-.02 1.61-.06 2.24-.1.27 0 .52-.01.75-.03.23-.02.48-.03.75-.03v1.42l-2.52.2c-1.68.14-2.74.54-3.19 1.22-.27.45-.45 1.13-.54 2.03-.09.9-.14 2-.14 3.31v30.73Z"/>
    <path class="cls-3" d="M80.84 40.87c0 .98.03 1.81.1 2.49.07.68.2 1.18.41 1.52.37.58 1.16.88 2.35.91.41.03.79.06 1.15.08.36.02.72.04 1.1.08v1.01c-1.36-.07-2.61-.11-3.75-.13-1.14-.02-2.3-.03-3.49-.03s-2.44 0-3.65.03c-1.21.02-2.46.06-3.75.13v-1.01c.41-.03.77-.06 1.1-.08.32-.02.71-.04 1.15-.08 1.19-.03 1.97-.34 2.35-.91.2-.34.34-.85.41-1.52.07-.68.1-1.5.1-2.49V17.79c0-.98-.03-1.81-.1-2.49-.07-.68-.2-1.18-.41-1.52-.17-.27-.44-.48-.82-.63-.37-.15-.88-.25-1.53-.28-.41-.03-.79-.06-1.15-.08-.36-.02-.72-.04-1.1-.08V11.7c1.36.07 2.61.11 3.75.13a190.737 190.737 0 0 0 10.89-.12v1.01c-.41.03-.77.06-1.1.08-.32.02-.71.04-1.15.08-.65.03-1.16.13-1.53.28-.37.15-.65.36-.82.63-.2.34-.34.85-.41 1.52-.07.68-.1 1.51-.1 2.49v23.08ZM113.57 19.67l-.31-2.69c-.03-.37-.08-.69-.15-.96-.07-.27-.18-.52-.33-.76-.15-.24-.37-.47-.66-.71a9.42 9.42 0 0 0-1.2-.81c-.78-.47-1.69-.81-2.73-1.01-1.04-.2-2.06-.3-3.08-.3-.92 0-1.85.16-2.8.48-.95.32-1.8.8-2.55 1.45-.75.64-1.36 1.46-1.84 2.44s-.71 2.13-.71 3.45c0 .91.14 1.74.43 2.46.29.73.77 1.37 1.45 1.93.68.56 1.57 1.02 2.68 1.4 1.1.37 2.49.64 4.15.81 1.8.2 3.42.48 4.87.84 1.44.36 2.67.84 3.67 1.45s1.78 1.4 2.32 2.36c.54.97.82 2.16.82 3.58 0 2.17-.44 4.05-1.33 5.64-.88 1.59-2.05 2.91-3.49 3.96a15.468 15.468 0 0 1-4.92 2.36c-1.84.52-3.71.79-5.61.79-1.8 0-3.46-.19-4.97-.58-1.51-.39-2.69-.79-3.54-1.19.14-.98.22-1.95.25-2.92.03-.96.05-1.94.05-2.92v-1.67h1.12l.41 3.25c.07.58.36 1.12.87 1.62s1.17.96 1.99 1.37 1.72.73 2.73.96c1 .24 2.05.35 3.14.35 1.19 0 2.35-.18 3.49-.53 1.14-.36 2.15-.89 3.03-1.6.88-.71 1.6-1.57 2.14-2.59.54-1.01.82-2.18.82-3.5 0-1.25-.23-2.3-.69-3.15-.46-.85-1.1-1.54-1.94-2.08-.83-.54-1.82-.96-2.96-1.24a30.9 30.9 0 0 0-3.7-.69c-2.01-.24-3.71-.57-5.12-.99-1.41-.42-2.56-.98-3.44-1.67-.88-.69-1.53-1.52-1.94-2.49-.41-.96-.61-2.09-.61-3.37 0-1.96.39-3.65 1.17-5.07.78-1.42 1.79-2.59 3.03-3.53a13.21 13.21 0 0 1 4.16-2.08c1.53-.46 3.06-.69 4.59-.69 1.87 0 3.53.22 5 .66 1.46.44 2.74.86 3.82 1.26.03 0 .08 0 .13.03.05.02.09.03.13.03a27.49 27.49 0 0 0-.54 3.5c-.08 1.08-.13 2.2-.13 3.35h-1.17ZM129.38 17.83c0-.98-.03-1.81-.1-2.48-.07-.68-.22-1.18-.46-1.52-.17-.27-.44-.48-.82-.63-.37-.15-.88-.25-1.53-.28-.37-.03-.75-.06-1.12-.08-.37-.02-.75-.04-1.12-.08V11.7c.37 0 .82 0 1.33.03s.92.03 1.22.03c.99.03 1.97.06 2.96.08.99.02 1.97.03 2.96.03 1.26 0 2.51 0 3.77-.03 1.26-.02 2.46-.04 3.62-.08.92-.03 1.79-.05 2.63-.05h5.46c1.07 0 2.1.03 3.08.1a22.36 22.36 0 0 0-.59 3.53c-.12 1.3-.18 2.56-.18 3.78h-1.27v-3.09c0-.37-.03-.7-.1-.99a.903.903 0 0 0-.51-.63c-.68-.24-1.45-.42-2.3-.56-.85-.13-1.73-.24-2.63-.33-.9-.08-1.82-.13-2.74-.15-.92-.02-1.79-.03-2.61-.03-.72 0-1.47.03-2.25.08s-1.57.18-2.35.38v14.25c1.64.1 3.74.15 6.3.15 3.14 0 5.02-.2 5.63-.61.17-.17.29-.38.36-.63s.12-.57.15-.94c.03-.41.08-.8.13-1.19.05-.39.09-.8.13-1.24h1.07c0 .3 0 .65-.03 1.04-.02.39-.03.7-.03.94-.03.64-.06 1.28-.08 1.9-.02.63-.03 1.24-.03 1.85 0 .58 0 1.23.03 1.95.02.73.04 1.38.08 1.95 0 .27 0 .53.03.79.02.25.03.52.03.79h-1.07l-.26-2.79c-.07-.81-.24-1.32-.51-1.52-.31-.2-.92-.36-1.84-.48s-2.18-.18-3.79-.18c-1.33 0-2.52 0-3.56.03-1.04.02-1.95.06-2.74.13v14.86c.78.24 1.57.38 2.35.43.78.05 1.53.08 2.25.08 1.06 0 2.16 0 3.3-.03a62.2 62.2 0 0 0 3.22-.13c1.01-.07 1.88-.14 2.61-.23.73-.08 1.22-.21 1.46-.38.44-.24.83-.85 1.17-1.85.34-1 .61-2.27.82-3.83h1.22c-.24 1.18-.43 2.46-.56 3.83-.14 1.37-.2 2.73-.2 4.08-.24 0-.46 0-.66.03-.2.02-.46.03-.77.03a197.13 197.13 0 0 1-6.79.11h-1.73c-.54 0-1.26 0-2.14-.03-.88-.02-1.6-.03-2.14-.03-1.26-.03-2.48-.06-3.67-.08-1.19-.02-2.29-.03-3.31-.03-.61 0-1.24 0-1.89.03-.65.02-1.24.04-1.78.08-.27 0-.54 0-.82.03-.27.02-.54.03-.82.03v-1.01c.31-.03.58-.06.82-.08.24-.02.51-.04.82-.08.65-.07 1.15-.16 1.53-.28.37-.12.65-.33.82-.63.24-.34.39-.84.46-1.52s.1-1.5.1-2.48V17.86Z"/>
    <path class="cls-4" d="m179.95 19.67-.31-2.69c-.03-.37-.08-.69-.15-.96-.07-.27-.18-.52-.33-.76-.15-.24-.37-.47-.66-.71a9.42 9.42 0 0 0-1.2-.81c-.78-.47-1.69-.81-2.73-1.01-1.04-.2-2.06-.3-3.08-.3-.92 0-1.85.16-2.8.48-.95.32-1.8.8-2.55 1.45-.75.64-1.36 1.46-1.84 2.44s-.71 2.13-.71 3.45c0 .91.14 1.74.43 2.46.29.73.77 1.37 1.45 1.93.68.56 1.57 1.02 2.68 1.4 1.1.37 2.49.64 4.15.81 1.8.2 3.42.48 4.87.84 1.44.36 2.67.84 3.67 1.45s1.78 1.4 2.32 2.36c.54.97.82 2.16.82 3.58 0 2.17-.44 4.05-1.33 5.64-.88 1.59-2.05 2.91-3.49 3.96a15.468 15.468 0 0 1-4.92 2.36c-1.84.52-3.71.79-5.61.79-1.8 0-3.46-.19-4.97-.58-1.51-.39-2.69-.79-3.54-1.19.14-.98.22-1.95.25-2.92.03-.96.05-1.94.05-2.92v-1.67h1.12l.41 3.25c.07.58.36 1.12.87 1.62s1.17.96 1.99 1.37 1.72.73 2.73.96c1 .24 2.05.35 3.14.35 1.19 0 2.35-.18 3.49-.53 1.14-.36 2.15-.89 3.03-1.6.88-.71 1.6-1.57 2.14-2.59.54-1.01.82-2.18.82-3.5 0-1.25-.23-2.3-.69-3.15-.46-.85-1.1-1.54-1.94-2.08-.83-.54-1.82-.96-2.96-1.24a30.9 30.9 0 0 0-3.7-.69c-2.01-.24-3.71-.57-5.12-.99-1.41-.42-2.56-.98-3.44-1.67-.88-.69-1.53-1.52-1.94-2.49-.41-.96-.61-2.09-.61-3.37 0-1.96.39-3.65 1.17-5.07.78-1.42 1.79-2.59 3.03-3.53a13.21 13.21 0 0 1 4.16-2.08c1.53-.46 3.06-.69 4.59-.69 1.87 0 3.53.22 5 .66 1.46.44 2.74.86 3.82 1.26.03 0 .08 0 .13.03.05.02.09.03.13.03a27.49 27.49 0 0 0-.54 3.5c-.08 1.08-.13 2.2-.13 3.35h-1.17Z"/>
    <path class="cls-2" d="M204.37 38.89c0 1.31.04 2.41.14 3.31.09.9.27 1.58.54 2.03.5.77 1.54 1.17 3.13 1.22.54.05 1.05.08 1.53.1.48.02.96.06 1.46.1V47c-1.81-.09-3.48-.15-5-.17-1.52-.02-3.07-.03-4.66-.03s-3.25.01-4.86.03c-1.61.02-3.27.08-5 .17v-1.35c.54-.04 1.03-.08 1.46-.1.43-.02.94-.06 1.53-.1 1.59-.04 2.63-.45 3.13-1.22.27-.45.45-1.13.54-2.03.09-.9.14-2.01.14-3.31V8.12c0-1.31-.05-2.41-.14-3.31-.09-.9-.27-1.58-.54-2.03-.23-.36-.59-.64-1.09-.85-.5-.2-1.18-.33-2.04-.37-.54-.04-1.05-.08-1.53-.1-.48-.02-.96-.06-1.46-.1V0c1.81.09 3.48.15 5 .17 1.52.02 3.14.03 4.86.03 2.95 0 6.16-.07 9.65-.2v1.35c-.54.05-1.03.08-1.46.1-.43.02-.94.06-1.53.1-.86.05-1.54.17-2.04.37-.5.2-.86.49-1.09.85-.27.45-.45 1.13-.54 2.03-.09.9-.14 2.01-.14 3.31v30.78ZM225.14 17.83c0-.98-.03-1.8-.1-2.48-.07-.67-.2-1.18-.41-1.52-.37-.51-1.17-.81-2.4-.91-.31-.03-.65-.05-1.02-.05s-.71-.02-1.02-.05V11.7c.34 0 .73 0 1.17.03.44.02.8.03 1.07.03.68.03 1.33.06 1.94.08.61.02 1.21.03 1.78.03.27 0 .58 0 .92-.03.34-.02.65-.04.92-.08.17 0 .31 0 .43-.03.12-.02.26-.03.43-.03l25.08 30.84.15-24.71c0-.98-.03-1.81-.1-2.48-.07-.68-.2-1.18-.41-1.52-.34-.51-1.14-.81-2.4-.91-.31-.03-.64-.05-.99-.05s-.71-.02-1.04-.05V11.7c.31 0 .64 0 .99.03s.67.03.94.03c.68.03 1.34.06 1.99.08.65.02 1.26.03 1.83.03s1.21 0 1.91-.03c.7-.02 1.33-.04 1.91-.08.37 0 .72 0 1.05-.03.32-.02.69-.03 1.1-.03v1.12l-2.04.1c-1.22.1-2.02.41-2.4.91-.2.34-.34.84-.41 1.52-.07.68-.1 1.5-.1 2.48V46.2c0 .2 0 .43.03.68.02.25.04.46.08.63v.25c-.78-.14-1.49-.26-2.12-.38-.63-.12-1.33-.25-2.12-.38l-24.73-30.59-.1 24.41c0 .98.03 1.81.1 2.48.07.68.2 1.18.41 1.52.17.3.45.52.84.63.39.12.91.21 1.56.28.31.03.64.05.99.05s.71.02 1.04.05v1.12c-.34 0-.71 0-1.12-.03-.41-.02-.75-.03-1.02-.03-.65-.03-1.28-.06-1.91-.08-.63-.02-1.27-.03-1.91-.03-.54 0-1.17 0-1.89.03-.71.02-1.36.04-1.94.08-.31 0-.63 0-.97.03-.34.02-.66.03-.97.03v-1.12l2.04-.1c.65-.07 1.16-.16 1.53-.28.37-.12.66-.33.87-.63.2-.34.34-.84.41-1.52.07-.67.1-1.5.1-2.48V17.81ZM288.2 19.67l-.31-2.69c-.03-.37-.08-.69-.15-.96-.07-.27-.18-.52-.33-.76-.15-.24-.37-.47-.66-.71a9.42 9.42 0 0 0-1.2-.81c-.78-.47-1.69-.81-2.73-1.01-1.04-.2-2.07-.3-3.08-.3-.92 0-1.85.16-2.8.48-.95.32-1.8.8-2.55 1.45-.75.64-1.36 1.46-1.84 2.44s-.71 2.13-.71 3.45c0 .91.14 1.74.43 2.46.29.73.77 1.37 1.45 1.93.68.56 1.57 1.02 2.68 1.4 1.1.37 2.49.64 4.16.81 1.8.2 3.42.48 4.87.84 1.44.36 2.67.84 3.67 1.45s1.78 1.4 2.32 2.36c.54.97.82 2.16.82 3.58 0 2.17-.44 4.05-1.33 5.64-.88 1.59-2.05 2.91-3.49 3.96-1.44 1.05-3.08 1.84-4.92 2.36-1.83.52-3.7.79-5.61.79-1.8 0-3.46-.19-4.97-.58-1.51-.39-2.69-.79-3.54-1.19.14-.98.22-1.95.25-2.92.03-.96.05-1.94.05-2.92v-1.67h1.12l.41 3.25c.07.58.36 1.12.87 1.62s1.17.96 1.99 1.37 1.72.73 2.73.96c1 .24 2.05.35 3.14.35 1.19 0 2.35-.18 3.49-.53 1.14-.36 2.15-.89 3.03-1.6.88-.71 1.6-1.57 2.14-2.59.54-1.01.82-2.18.82-3.5 0-1.25-.23-2.3-.69-3.15-.46-.85-1.1-1.54-1.94-2.08-.83-.54-1.82-.96-2.96-1.24a30.9 30.9 0 0 0-3.7-.69c-2.01-.24-3.71-.57-5.12-.99-1.41-.42-2.56-.98-3.44-1.67-.88-.69-1.53-1.52-1.94-2.49-.41-.96-.61-2.09-.61-3.37 0-1.96.39-3.65 1.17-5.07.78-1.42 1.79-2.59 3.03-3.53a13.21 13.21 0 0 1 4.16-2.08c1.53-.46 3.06-.69 4.59-.69 1.87 0 3.54.22 5 .66s2.74.86 3.82 1.26c.03 0 .08 0 .13.03.05.02.09.03.13.03a27.49 27.49 0 0 0-.54 3.5c-.09 1.08-.13 2.2-.13 3.35h-1.17ZM310.94 19.11c0-.88-.02-1.75-.05-2.61-.03-.86-.1-1.78-.2-2.77h-8.21c-.88 0-1.48.14-1.78.43-.31.29-.49.79-.56 1.5-.03.68-.07 1.32-.1 1.93-.03.61-.07 1.24-.1 1.88h-1.07c0-1.29-.02-2.58-.05-3.88-.03-1.3-.12-2.6-.25-3.88.92 0 1.79 0 2.63.03.83.02 1.71.04 2.62.08.95.03 1.89.05 2.8.05h13.1c.92 0 1.85-.02 2.8-.05.85-.03 1.72-.06 2.62-.08s1.78-.03 2.63-.03c-.14 1.29-.22 2.58-.25 3.88-.03 1.3-.05 2.6-.05 3.88h-1.07l-.2-3.81c-.07-.71-.25-1.21-.56-1.5-.31-.29-.9-.43-1.78-.43h-8.26c-.07.78-.12 1.61-.15 2.49-.03.88-.05 1.84-.05 2.89v21.76c0 .98.03 1.81.1 2.49.07.68.2 1.18.41 1.52.37.58 1.16.88 2.34.91.41.03.79.06 1.15.08.36.02.72.04 1.1.08v1.01c-1.36-.07-2.61-.11-3.75-.13-1.14-.02-2.3-.03-3.49-.03s-2.44 0-3.64.03c-1.21.02-2.46.06-3.75.13v-1.01c.41-.03.77-.06 1.1-.08.32-.02.71-.04 1.15-.08 1.19-.03 1.97-.34 2.35-.91.2-.34.34-.85.41-1.52.07-.68.1-1.5.1-2.49V19.11ZM343.97 40.87c0 .98.03 1.81.1 2.49.07.68.2 1.18.41 1.52.37.58 1.15.88 2.34.91.41.03.79.06 1.15.08.36.02.72.04 1.1.08v1.01c-1.36-.07-2.61-.11-3.75-.13-1.14-.02-2.3-.03-3.49-.03s-2.44 0-3.65.03c-1.21.02-2.46.06-3.75.13v-1.01c.41-.03.77-.06 1.1-.08.32-.02.7-.04 1.15-.08 1.19-.03 1.97-.34 2.35-.91.2-.34.34-.85.41-1.52.07-.68.1-1.5.1-2.49V17.79c0-.98-.03-1.81-.1-2.49-.07-.68-.2-1.18-.41-1.52-.17-.27-.44-.48-.82-.63-.37-.15-.88-.25-1.53-.28-.41-.03-.79-.06-1.15-.08-.36-.02-.72-.04-1.1-.08V11.7c1.36.07 2.61.11 3.75.13a190.737 190.737 0 0 0 10.89-.12v1.01c-.41.03-.77.06-1.1.08-.32.02-.71.04-1.15.08-.65.03-1.16.13-1.53.28-.37.15-.65.36-.82.63-.2.34-.34.85-.41 1.52-.07.68-.1 1.51-.1 2.49v23.08ZM368.14 19.11c0-.88-.02-1.75-.05-2.61-.03-.86-.1-1.78-.2-2.77h-8.21c-.88 0-1.48.14-1.78.43-.31.29-.49.79-.56 1.5-.03.68-.07 1.32-.1 1.93-.03.61-.07 1.24-.1 1.88h-1.07c0-1.29-.02-2.58-.05-3.88-.03-1.3-.12-2.6-.25-3.88.92 0 1.79 0 2.63.03.83.02 1.71.04 2.62.08.95.03 1.89.05 2.8.05h13.1c.92 0 1.85-.02 2.8-.05.85-.03 1.72-.06 2.62-.08s1.78-.03 2.63-.03c-.14 1.29-.22 2.58-.25 3.88-.03 1.3-.05 2.6-.05 3.88h-1.07l-.2-3.81c-.07-.71-.25-1.21-.56-1.5-.31-.29-.9-.43-1.78-.43h-8.26c-.07.78-.12 1.61-.15 2.49-.03.88-.05 1.84-.05 2.89v21.76c0 .98.03 1.81.1 2.49.07.68.2 1.18.41 1.52.37.58 1.16.88 2.34.91.41.03.79.06 1.15.08.36.02.72.04 1.1.08v1.01c-1.36-.07-2.61-.11-3.75-.13-1.14-.02-2.3-.03-3.49-.03s-2.44 0-3.64.03c-1.21.02-2.46.06-3.75.13v-1.01c.41-.03.77-.06 1.1-.08.32-.02.71-.04 1.15-.08 1.19-.03 1.97-.34 2.35-.91.2-.34.34-.85.41-1.52.07-.68.1-1.5.1-2.49V19.11ZM396.23 17.79c0-.98-.03-1.81-.1-2.49-.07-.68-.2-1.18-.41-1.52-.17-.27-.44-.48-.82-.63-.37-.15-.9-.25-1.58-.28-.37-.03-.74-.06-1.1-.08-.36-.02-.72-.04-1.1-.08V11.7c1.33.07 2.57.11 3.72.13a189.646 189.646 0 0 0 10.86-.12v1.01c-.41.03-.78.06-1.12.08-.34.02-.71.04-1.12.08-.65.03-1.16.13-1.53.28-.38.15-.66.36-.87.63-.2.34-.34.85-.41 1.52-.07.68-.1 1.51-.1 2.49v17.7c0 1.89.24 3.46.72 4.69.48 1.23 1.18 2.22 2.12 2.97.94.74 2.09 1.27 3.45 1.57 1.36.3 2.91.46 4.65.46 1.43 0 2.81-.16 4.14-.48a8.8 8.8 0 0 0 3.5-1.7c1-.81 1.81-1.93 2.4-3.35s.89-3.23.89-5.43V17.79c0-.98-.03-1.81-.1-2.49-.07-.68-.2-1.18-.41-1.52-.34-.51-1.12-.81-2.34-.91-.34-.03-.69-.05-1.05-.05s-.69-.02-.99-.05v-1.06c.27 0 .59 0 .97.03s.7.03.97.03c.68.03 1.33.06 1.96.08.63.02 1.25.03 1.86.03.58 0 1.21 0 1.89-.03.68-.02 1.33-.04 1.94-.08.37 0 .72 0 1.04-.03s.67-.03 1.04-.03v1.06l-1.99.1c-1.26.1-2.06.41-2.4.91-.2.34-.34.85-.41 1.52-.07.68-.1 1.51-.1 2.49v14.86c0 2.71-.27 5.01-.82 6.92-.54 1.91-1.39 3.48-2.55 4.69-1.16 1.22-2.64 2.11-4.46 2.69s-4 .86-6.55.86c-2.14 0-4.06-.18-5.76-.53-1.7-.35-3.14-.98-4.31-1.88-1.17-.9-2.07-2.11-2.7-3.63-.63-1.52-.94-3.43-.94-5.73V17.78ZM447.72 19.11c0-.88-.02-1.75-.05-2.61-.03-.86-.1-1.78-.2-2.77h-8.21c-.88 0-1.48.14-1.78.43-.31.29-.49.79-.56 1.5-.03.68-.07 1.32-.1 1.93-.03.61-.07 1.24-.1 1.88h-1.07c0-1.29-.02-2.58-.05-3.88-.03-1.3-.12-2.6-.25-3.88.92 0 1.79 0 2.63.03.83.02 1.71.04 2.62.08.95.03 1.89.05 2.8.05h13.1c.92 0 1.85-.02 2.8-.05.85-.03 1.72-.06 2.62-.08s1.78-.03 2.63-.03c-.14 1.29-.22 2.58-.25 3.88-.03 1.3-.05 2.6-.05 3.88h-1.07l-.2-3.81c-.07-.71-.25-1.21-.56-1.5-.31-.29-.9-.43-1.78-.43h-8.26c-.07.78-.12 1.61-.15 2.49-.03.88-.05 1.84-.05 2.89v21.76c0 .98.03 1.81.1 2.49.07.68.2 1.18.41 1.52.37.58 1.16.88 2.34.91.41.03.79.06 1.15.08.36.02.72.04 1.1.08v1.01c-1.36-.07-2.61-.11-3.75-.13-1.14-.02-2.3-.03-3.49-.03s-2.44 0-3.64.03c-1.21.02-2.46.06-3.75.13v-1.01c.41-.03.77-.06 1.1-.08.32-.02.71-.04 1.15-.08 1.19-.03 1.97-.34 2.35-.91.2-.34.34-.85.41-1.52.07-.68.1-1.5.1-2.49V19.11ZM475.91 17.83c0-.98-.03-1.81-.1-2.48-.07-.68-.22-1.18-.46-1.52-.17-.27-.44-.48-.82-.63-.38-.15-.88-.25-1.53-.28-.37-.03-.75-.06-1.12-.08-.38-.02-.75-.04-1.12-.08V11.7c.37 0 .82 0 1.33.03.51.02.92.03 1.22.03.99.03 1.97.06 2.96.08.99.02 1.97.03 2.96.03 1.26 0 2.52 0 3.77-.03 1.26-.02 2.46-.04 3.62-.08.92-.03 1.79-.05 2.63-.05h5.46c1.07 0 2.1.03 3.08.1a22.36 22.36 0 0 0-.59 3.53c-.12 1.3-.18 2.56-.18 3.78h-1.27v-3.09c0-.37-.03-.7-.1-.99a.903.903 0 0 0-.51-.63c-.68-.24-1.45-.42-2.3-.56-.85-.13-1.73-.24-2.63-.33-.9-.08-1.82-.13-2.74-.15-.92-.02-1.79-.03-2.61-.03-.72 0-1.47.03-2.25.08s-1.57.18-2.35.38v14.25c1.64.1 3.74.15 6.3.15 3.14 0 5.02-.2 5.63-.61.17-.17.29-.38.36-.63s.12-.57.15-.94c.03-.41.08-.8.13-1.19.05-.39.09-.8.13-1.24h1.07c0 .3 0 .65-.03 1.04-.02.39-.03.7-.03.94-.03.64-.06 1.28-.08 1.9-.02.63-.03 1.24-.03 1.85 0 .58 0 1.23.03 1.95.02.73.04 1.38.08 1.95 0 .27 0 .53.03.79.02.25.03.52.03.79h-1.07l-.26-2.79c-.07-.81-.24-1.32-.51-1.52-.31-.2-.92-.36-1.84-.48s-2.18-.18-3.79-.18c-1.33 0-2.52 0-3.56.03-1.04.02-1.95.06-2.74.13v14.86c.78.24 1.57.38 2.35.43s1.53.08 2.25.08c1.06 0 2.16 0 3.3-.03a62.2 62.2 0 0 0 3.22-.13c1.01-.07 1.88-.14 2.61-.23.73-.08 1.22-.21 1.46-.38.44-.24.83-.85 1.17-1.85.34-1 .61-2.27.82-3.83h1.22c-.24 1.18-.43 2.46-.56 3.83-.14 1.37-.2 2.73-.2 4.08-.24 0-.46 0-.66.03-.2.02-.46.03-.76.03a197.13 197.13 0 0 1-6.79.11h-1.73c-.54 0-1.26 0-2.14-.03-.88-.02-1.6-.03-2.14-.03-1.26-.03-2.48-.06-3.67-.08-1.19-.02-2.29-.03-3.31-.03-.61 0-1.24 0-1.89.03-.65.02-1.24.04-1.79.08-.27 0-.54 0-.82.03-.27.02-.54.03-.82.03v-1.01c.31-.03.58-.06.82-.08.24-.02.51-.04.82-.08.65-.07 1.16-.16 1.53-.28.37-.12.64-.33.82-.63.24-.34.39-.84.46-1.52s.1-1.5.1-2.48V17.86Z"/>
    <path class="cls-1" d="M4.66 64.54h1.73l4.95 12.77H9.53l-1.42-3.89H3.03l-1.34 3.89H0l4.66-12.77Zm-1.17 7.54h4.12l-1.27-3.55c-.31-.84-.58-1.62-.83-2.66h-.03c-.15.84-.36 1.64-.64 2.44L3.5 72.07ZM22.63 64.54v7.38c0 1.69 0 5.6-4.75 5.6s-4.8-3.34-4.8-5.6v-7.38h1.61v7.37c0 1.55 0 4.1 3.05 4.1s3.27-1.8 3.27-4.1v-7.37h1.61ZM27.54 73.06c.02.29.08.82.32 1.3.68 1.37 2.36 1.64 3.25 1.64 1.68 0 3.02-.75 3.02-2.18 0-1.5-1.22-1.82-3.68-2.44-1.58-.39-3.97-.98-3.97-3.53 0-1.98 1.56-3.53 4.26-3.53s4.48 1.32 4.56 3.83l-1.54.12c-.08-.93-.44-2.44-2.95-2.44-1.05 0-2.8.32-2.8 1.91 0 1.11.68 1.52 2.9 2.03 2.22.52 4.76 1.12 4.76 3.92 0 2.12-1.73 3.82-4.49 3.82-2.92 0-4.24-1.18-4.87-2.75-.27-.7-.29-1.23-.31-1.57l1.53-.14ZM42.18 66.05H38.2v-1.52h9.61v1.52h-4.02v11.26h-1.61V66.05ZM50.81 64.54h5.37c.85 0 1.63.02 2.42.34 1.24.5 1.9 1.82 1.9 3.16 0 2.05-1.34 3.16-3.41 3.44v.04c.61.3 1.34.77 2.29 2.32l2.12 3.48h-2.02l-1.59-2.64c-1.73-2.87-2.29-3-3.63-3h-1.85v5.64H50.8V64.55Zm1.61 5.62h3.68c.64 0 1.61-.07 2.14-.61.39-.39.61-.95.61-1.52 0-.8-.42-1.44-.93-1.73-.51-.29-1.03-.36-1.66-.36h-3.83v4.21ZM64.52 64.54h1.61v12.77h-1.61V64.54ZM73.58 64.54h1.73l4.95 12.77h-1.81l-1.42-3.89h-5.07l-1.34 3.89h-1.7l4.66-12.77Zm-1.17 7.54h4.12l-1.27-3.55c-.31-.84-.58-1.62-.83-2.66h-.03c-.15.84-.36 1.64-.64 2.44l-1.34 3.76ZM82.85 64.54h1.64l6.34 10.02h.03V64.54h1.53v12.77h-1.64l-6.34-10.02h-.03v10.02h-1.53V64.54ZM102.34 64.54h8.78v1.52h-7.17v3.91h6.71v1.52h-6.71v4.32h7.46v1.52h-9.07V64.56ZM125.15 73.26c-.93 3.84-3.71 4.26-5.02 4.26-2.1 0-3.36-.77-4.12-1.68-1.24-1.5-1.58-3.58-1.58-5.01 0-4.5 2.75-6.51 5.71-6.51 2.17 0 4.09 1.11 4.8 3.73l-1.58.39c-.32-1.03-1-2.68-3.24-2.68-3.34 0-4.03 3-4.03 5.05 0 .55.03 2.69 1.05 3.94.75.93 1.83 1.32 2.85 1.32 2.31 0 3.24-1.69 3.56-3.25l1.59.43ZM133.69 64.32c3.31 0 5.8 2.52 5.8 6.62s-2.56 6.58-5.8 6.58c-3.8 0-5.81-3.17-5.81-6.44 0-4.53 2.66-6.76 5.81-6.76Zm-.02 11.75c2.22 0 4.15-1.62 4.15-5.14s-2.05-5.17-4.12-5.17c-1.29 0-2.58.59-3.31 1.71-.86 1.28-.86 3.23-.86 3.64 0 2.96 1.68 4.96 4.14 4.96ZM142.87 64.54h1.64l6.34 10.02h.03V64.54h1.53v12.77h-1.64l-6.34-10.02h-.03v10.02h-1.53V64.54ZM161.65 64.32c3.31 0 5.8 2.52 5.8 6.62s-2.56 6.58-5.8 6.58c-3.8 0-5.81-3.17-5.81-6.44 0-4.53 2.66-6.76 5.81-6.76Zm-.02 11.75c2.22 0 4.15-1.62 4.15-5.14s-2.05-5.17-4.12-5.17c-1.29 0-2.58.59-3.31 1.71-.86 1.28-.86 3.23-.86 3.64 0 2.96 1.68 4.96 4.14 4.96ZM170.79 64.54h2.41l2.86 9.04c.41 1.27.47 1.52.56 1.89h.03c.2-.7.25-.84.64-2.05l2.9-8.88h2.14v12.77h-1.53V66.63h-.03l-3.49 10.68h-1.44l-3.48-10.86h-.05v10.86h-1.53V64.54ZM186.44 64.54h1.61v12.77h-1.61V64.54ZM202.44 73.26c-.93 3.84-3.71 4.26-5.02 4.26-2.1 0-3.36-.77-4.12-1.68-1.24-1.5-1.58-3.58-1.58-5.01 0-4.5 2.75-6.51 5.71-6.51 2.17 0 4.09 1.11 4.8 3.73l-1.58.39c-.32-1.03-1-2.68-3.24-2.68-3.34 0-4.03 3-4.03 5.05 0 .55.03 2.69 1.05 3.94.75.93 1.83 1.32 2.85 1.32 2.31 0 3.24-1.69 3.56-3.25l1.59.43ZM206.66 73.06c.02.29.08.82.32 1.3.68 1.37 2.36 1.64 3.25 1.64 1.68 0 3.02-.75 3.02-2.18 0-1.5-1.22-1.82-3.68-2.44-1.58-.39-3.97-.98-3.97-3.53 0-1.98 1.56-3.53 4.26-3.53s4.48 1.32 4.56 3.83l-1.54.12c-.08-.93-.44-2.44-2.95-2.44-1.05 0-2.8.32-2.8 1.91 0 1.11.68 1.52 2.9 2.03 2.22.52 4.76 1.12 4.76 3.92 0 2.12-1.73 3.82-4.49 3.82-2.92 0-4.24-1.18-4.87-2.75-.27-.7-.29-1.23-.31-1.57l1.53-.14ZM218.13 75.52h1.7v1.78c0 .61 0 1.89-1.39 2.51l-.41-.66c.8-.38.92-1.11.93-1.86h-.83v-1.78ZM229.93 64.54h8.19v1.52h-6.58v3.96h5.7v1.52h-5.7v5.78h-1.61V64.55ZM241.55 64.54h5.37c.85 0 1.63.02 2.42.34 1.24.5 1.9 1.82 1.9 3.16 0 2.05-1.34 3.16-3.41 3.44v.04c.61.3 1.34.77 2.29 2.32l2.12 3.48h-2.02l-1.59-2.64c-1.73-2.87-2.29-3-3.63-3h-1.85v5.64h-1.61V64.55Zm1.61 5.62h3.68c.64 0 1.61-.07 2.14-.61.39-.39.61-.95.61-1.52 0-.8-.42-1.44-.93-1.73-.51-.29-1.03-.36-1.66-.36h-3.83v4.21ZM255.04 64.54h8.78v1.52h-7.17v3.91h6.71v1.52h-6.71v4.32h7.46v1.52h-9.07V64.56ZM267.62 64.54h8.78v1.52h-7.17v3.91h6.71v1.52h-6.71v4.32h7.46v1.52h-9.07V64.56ZM280.21 64.54h4.19c1.37 0 3.1 0 4.37 1.55.69.84 1.47 2.19 1.47 4.76 0 2.37-.7 4.12-1.75 5.17-1 1-2.47 1.28-3.92 1.28h-4.37V64.53Zm1.61 11.26h2.59c1.42 0 4.17.02 4.17-4.98.02-1.36-.2-2.94-1.31-3.96-.85-.8-1.86-.8-2.92-.8h-2.54v9.74ZM298.97 64.32c3.31 0 5.8 2.52 5.8 6.62s-2.56 6.58-5.8 6.58c-3.8 0-5.81-3.17-5.81-6.44 0-4.53 2.66-6.76 5.81-6.76Zm-.02 11.75c2.22 0 4.15-1.62 4.15-5.14s-2.05-5.17-4.12-5.17c-1.29 0-2.58.59-3.31 1.71-.86 1.28-.86 3.23-.86 3.64 0 2.96 1.68 4.96 4.14 4.96ZM308.1 64.54h2.41l2.87 9.04c.41 1.27.47 1.52.56 1.89h.03c.2-.7.25-.84.64-2.05l2.9-8.88h2.14v12.77h-1.53V66.63h-.03l-3.49 10.68h-1.44l-3.47-10.86h-.05v10.86h-1.53V64.54ZM323.73 75.52h1.7v1.78c0 .61 0 1.89-1.39 2.51l-.41-.66c.8-.38.92-1.11.93-1.86h-.83v-1.78ZM338.81 64.54h1.73l4.95 12.77h-1.81l-1.42-3.89h-5.07l-1.34 3.89h-1.7l4.66-12.77Zm-1.17 7.54h4.12l-1.27-3.55c-.3-.84-.58-1.62-.83-2.66h-.03c-.15.84-.36 1.64-.64 2.44l-1.34 3.76ZM348.08 64.54h1.64l6.34 10.02h.03V64.54h1.53v12.77h-1.64l-6.34-10.02h-.03v10.02h-1.53V64.54ZM361.6 64.54h4.19c1.37 0 3.1 0 4.37 1.55.7.84 1.47 2.19 1.47 4.76 0 2.37-.69 4.12-1.75 5.17-1 1-2.47 1.28-3.92 1.28h-4.37V64.53Zm1.61 11.26h2.59c1.42 0 4.17.02 4.17-4.98.02-1.36-.2-2.94-1.3-3.96-.85-.8-1.87-.8-2.92-.8h-2.54v9.74ZM381.04 64.54h4.58c1.08 0 2.53 0 3.51.86.83.71 1.17 1.84 1.17 2.84s-.29 2.05-1.02 2.82c-.9.95-2.44 1.09-3.36 1.09h-3.27v5.17h-1.61V64.55Zm1.61 6.08h3.12c.88 0 2.87-.09 2.87-2.34 0-.54-.15-1.21-.66-1.69-.56-.54-1.24-.54-2.24-.54h-3.08v4.57ZM393.65 64.54h8.78v1.52h-7.17v3.91h6.71v1.52h-6.71v4.32h7.46v1.52h-9.07V64.56ZM409.52 64.54h1.73l4.95 12.77h-1.81l-1.42-3.89h-5.07l-1.34 3.89h-1.7l4.66-12.77Zm-1.17 7.54h4.12l-1.27-3.55c-.3-.84-.58-1.62-.83-2.66h-.03c-.15.84-.36 1.64-.64 2.44l-1.34 3.76ZM428.52 73.26c-.93 3.84-3.71 4.26-5.02 4.26-2.1 0-3.36-.77-4.12-1.68-1.24-1.5-1.58-3.58-1.58-5.01 0-4.5 2.75-6.51 5.71-6.51 2.17 0 4.09 1.11 4.8 3.73l-1.58.39c-.32-1.03-1-2.68-3.24-2.68-3.34 0-4.03 3-4.03 5.05 0 .55.03 2.69 1.05 3.94.75.93 1.83 1.32 2.85 1.32 2.31 0 3.24-1.69 3.56-3.25l1.59.43ZM431.79 64.54h8.78v1.52h-7.17v3.91h6.71v1.52h-6.71v4.32h7.46v1.52h-9.07V64.56Z"/>
</svg>
" width="350" height="63" alt="Mises Institute" /> </a> </div> <div class="header__utility relative col-span-9 col-start-4 pl-2 border-b border-r border-misesGreyLight border-opacity-50 top-0 -lg:hidden xl:pl-9"> <div class="header__utility__container flex flex-row justify-start items-center h-full font-semibold"> <span class="font-normal"> <a href="/" class="text-misesGreyDark text-opacity-70 hover:text-opacity-100">View in English</a> </span> <div class="ml-auto"> <div class="flex flex-row flex-wrap justify-start items-center gap-4" data-component-id="mises:element-social-icons"> <a class="social-link-icon text-misesGreyDark text-opacity-70 hover:text-opacity-100 transition" href="https://www.facebook.com/institutomises" target="_blank"> <span class="sr-only">Mises Facebook</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M18 2H15C13.6739 2 12.4021 2.52678 11.4645 3.46447C10.5268 4.40215 10 5.67392 10 7V10H7V14H10V22H14V14H17L18 10H14V7C14 6.73478 14.1054 6.48043 14.2929 6.29289C14.4804 6.10536 14.7348 6 15 6H18V2Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon text-misesGreyDark text-opacity-70 hover:text-opacity-100 transition" href="https://twitter.com/institutomises" target="_blank"> <span class="sr-only">Mises X</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="currentColor" viewBox="0 0 16 16"> <path d="M12.6.75h2.454l-5.36 6.142L16 15.25h-4.937l-3.867-5.07-4.425 5.07H.316l5.733-6.57L0 .75h5.063l3.495 4.633L12.601.75Zm-.86 13.028h1.36L4.323 2.145H2.865l8.875 11.633Z"/> </svg> </span> </a> <a class="social-link-icon text-misesGreyDark text-opacity-70 hover:text-opacity-100 transition" href="https://instagram.com/misesinstitute" target="_blank"> <span class="sr-only">Mises Instagram</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M17 2H7C4.23858 2 2 4.23858 2 7V17C2 19.7614 4.23858 22 7 22H17C19.7614 22 22 19.7614 22 17V7C22 4.23858 19.7614 2 17 2Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M16 11.3698C16.1234 12.2021 15.9813 13.052 15.5938 13.7988C15.2063 14.5456 14.5932 15.1512 13.8416 15.5295C13.0901 15.9077 12.2385 16.0394 11.4078 15.9057C10.5771 15.7721 9.80977 15.3799 9.21485 14.785C8.61993 14.1901 8.22774 13.4227 8.09408 12.592C7.96042 11.7614 8.09208 10.9097 8.47034 10.1582C8.8486 9.40667 9.4542 8.79355 10.201 8.40605C10.9478 8.01856 11.7978 7.8764 12.63 7.99981C13.4789 8.1257 14.2649 8.52128 14.8717 9.12812C15.4785 9.73496 15.8741 10.5209 16 11.3698Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M17.5 6.5H17.51" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon text-misesGreyDark text-opacity-70 hover:text-opacity-100 transition" href="https://podcasts.apple.com/us/artist/mises-institute/1280664810" target="_blank"> <span class="sr-only">Mises itunes</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M21.408 10.0081C21.408 4.8241 17.184 0.600098 12 0.600098C6.81598 0.600098 2.59198 4.8241 2.59198 10.0081C2.59198 14.1601 5.27998 17.6641 9.02398 18.9121V20.4481C9.02398 22.0802 10.344 23.4241 12 23.4241C13.6559 23.4241 14.976 22.0801 14.976 20.4241V18.8881C18.696 17.6641 21.408 14.1361 21.408 10.0081ZM13.776 20.4241C13.776 21.4081 12.9839 22.2001 12 22.2001C11.016 22.2001 10.2239 21.4081 10.2239 20.4241V15.1921C10.2239 14.2081 11.016 13.4161 12 13.4161C12.9839 13.4161 13.776 14.2081 13.776 15.1921V20.4241ZM9.79198 10.0081C9.79198 8.78412 10.7999 7.7761 12.024 7.7761C13.248 7.7761 14.256 8.78406 14.256 10.0081C14.256 11.2321 13.248 12.2401 12.024 12.2401C10.7759 12.2161 9.79198 11.2321 9.79198 10.0081ZM13.824 12.8641C14.76 12.2641 15.408 11.2081 15.408 10.0081C15.408 8.13606 13.8719 6.6001 12 6.6001C10.1279 6.6001 8.59196 8.13612 8.59196 10.0081C8.59196 11.2081 9.21594 12.2641 10.1759 12.8641C9.69594 13.2481 9.33594 13.7521 9.16798 14.3521C7.72798 13.416 6.79198 11.8081 6.79198 9.98406C6.79198 7.10406 9.14398 4.75206 12 4.75206C14.88 4.75206 17.232 7.10406 17.232 9.98406C17.232 11.808 16.272 13.4161 14.856 14.3521C14.6639 13.7521 14.3039 13.2481 13.8239 12.8641H13.824ZM14.976 17.6641V15.6481C17.016 14.5681 18.408 12.4561 18.408 10.0081C18.4079 6.4561 15.528 3.6001 12 3.6001C8.47202 3.6001 5.61602 6.4801 5.61602 10.0081C5.61602 12.4561 7.00806 14.5921 9.04802 15.6481V17.6641C5.97602 16.4641 3.79202 13.4881 3.79202 10.0081C3.79202 5.4721 7.46402 1.7761 12 1.7761C16.536 1.7761 20.208 5.4721 20.208 9.9841C20.208 13.4881 18.048 16.4641 14.976 17.6641Z" /> </svg> </span> </a> <a class="social-link-icon text-misesGreyDark text-opacity-70 hover:text-opacity-100 transition" href="https://youtube.com/user/misesmedia" target="_blank" > <span class="sr-only">Mises Youtube</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M22.54 6.42C22.4212 5.94541 22.1793 5.51057 21.8387 5.15941C21.498 4.80824 21.0708 4.55318 20.6 4.42C18.88 4 12 4 12 4C12 4 5.12002 4 3.40002 4.46C2.92927 4.59318 2.502 4.84824 2.16137 5.19941C1.82074 5.55057 1.57881 5.98541 1.46002 6.46C1.14524 8.20556 0.991258 9.97631 1.00002 11.75C0.988802 13.537 1.14279 15.3213 1.46002 17.08C1.59098 17.5398 1.83833 17.9581 2.17817 18.2945C2.518 18.6308 2.93884 18.8738 3.40002 19C5.12002 19.46 12 19.46 12 19.46C12 19.46 18.88 19.46 20.6 19C21.0708 18.8668 21.498 18.6118 21.8387 18.2606C22.1793 17.9094 22.4212 17.4746 22.54 17C22.8524 15.2676 23.0063 13.5103 23 11.75C23.0112 9.96295 22.8573 8.1787 22.54 6.42Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M9.75 15.02L15.5 11.75L9.75 8.47998V15.02Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon text-misesGreyDark text-opacity-70 hover:text-opacity-100 transition" href="/es/rss.xml" target="_blank"> <span class="sr-only">Mises RSS feed</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M4 11C6.38695 11 8.67613 11.9482 10.364 13.636C12.0518 15.3239 13 17.6131 13 20" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M4 4C8.24346 4 12.3131 5.68571 15.3137 8.68629C18.3143 11.6869 20 15.7565 20 20" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M5 20C5.55228 20 6 19.5523 6 19C6 18.4477 5.55228 18 5 18C4.44772 18 4 18.4477 4 19C4 19.5523 4.44772 20 5 20Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> </div> </div> <div class="ml-2 h-full border-l border-misesGreyLight border-opacity-50"> <a class="inline-flex items-center py-2 px-3 uppercase no-underline text-misesGreenDark hover:text-misesGreen h-full" href="https://store.mises.org"> <span class="atom-svg mr-1 -lg:mr-2" data-component-id="mises:atom-svg"> <svg width="23" height="23" viewBox="0 0 23 23" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path fill-rule="evenodd" clip-rule="evenodd" d="M1 0.909668C0.447715 0.909668 0 1.35738 0 1.90967C0 2.46195 0.447715 2.90967 1 2.90967H3.8337L4.57892 6.63296C4.58323 6.66041 4.58867 6.68749 4.59517 6.71415L6.12031 14.3342L6.12048 14.335C6.24987 14.9854 6.60378 15.5696 7.12032 15.9854C7.63433 16.3992 8.2768 16.62 8.93636 16.6099H17.7971C18.4566 16.62 19.0991 16.3992 19.6131 15.9854C20.1299 15.5694 20.4839 14.9849 20.6131 14.3342L20.6131 14.3342L20.6146 14.3267L22.0759 6.66373C22.1317 6.37098 22.0541 6.06858 21.8641 5.83895C21.6741 5.60933 21.3916 5.4764 21.0936 5.4764H6.3871L5.63394 1.71341C5.5404 1.24605 5.13001 0.909668 4.65339 0.909668H1ZM8.08171 13.9431L6.7874 7.4764H19.8849L18.6514 13.9446L18.6508 13.9475C18.6126 14.1366 18.5093 14.3064 18.359 14.4275C18.2078 14.5491 18.0187 14.6138 17.8247 14.61L17.8056 14.6099H8.92785L8.90869 14.61C8.7147 14.6138 8.52559 14.5491 8.37446 14.4275C8.22332 14.3058 8.11979 14.1349 8.082 13.9446L8.08171 13.9431ZM8.3068 20.2632C8.35465 20.2632 8.39345 20.2244 8.39345 20.1766C8.39345 20.1287 8.35465 20.0899 8.3068 20.0899C8.25894 20.0899 8.22014 20.1287 8.22014 20.1766C8.22014 20.2244 8.25894 20.2632 8.3068 20.2632ZM6.39345 20.1766C6.39345 19.1199 7.25008 18.2632 8.3068 18.2632C9.36351 18.2632 10.2201 19.1199 10.2201 20.1766C10.2201 21.2333 9.36351 22.0899 8.3068 22.0899C7.25008 22.0899 6.39345 21.2333 6.39345 20.1766ZM18.3536 20.2632C18.4015 20.2632 18.4403 20.2244 18.4403 20.1766C18.4403 20.1287 18.4015 20.0899 18.3536 20.0899C18.3057 20.0899 18.2669 20.1287 18.2669 20.1766C18.2669 20.2244 18.3057 20.2632 18.3536 20.2632ZM16.4403 20.1766C16.4403 19.1199 17.2969 18.2632 18.3536 18.2632C19.4103 18.2632 20.2669 19.1199 20.2669 20.1766C20.2669 21.2333 19.4103 22.0899 18.3536 22.0899C17.2969 22.0899 16.4403 21.2333 16.4403 20.1766Z" /> </svg> </span> <span>Tienda Mises</span> </a> </div> <div class="h-full border-l border-misesGreyLight border-opacity-50"> <a href="/about-mises/subscribe" class="inline-flex items-center py-2 px-4 uppercase no-underline text-misesGreenDark hover:text-misesGreen h-full" data-component-id="mises:element-icon-link" > <span class="atom-svg mr-1 -lg:mr-2" data-component-id="mises:atom-svg"> <svg width="23" height="18" viewBox="0 0 23 18" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M22.099 1.50992C22.0986 1.4942 22.0978 1.4785 22.0966 1.46284C22.0956 1.45005 22.0943 1.43735 22.0928 1.42473C22.091 1.41005 22.0887 1.39544 22.0861 1.38084C22.0838 1.36766 22.0812 1.35459 22.0783 1.34164C22.0751 1.32779 22.0715 1.31407 22.0677 1.30037C22.064 1.28727 22.0602 1.2743 22.056 1.26149C22.0515 1.2481 22.0465 1.23492 22.0414 1.22175C22.0365 1.20914 22.0315 1.19666 22.026 1.1844C22.0202 1.17143 22.0139 1.15869 22.0075 1.14598C22.0014 1.13392 21.9951 1.12198 21.9885 1.11026C21.9815 1.09815 21.9742 1.08624 21.9667 1.07438C21.959 1.06243 21.9512 1.0507 21.943 1.03916C21.9353 1.02829 21.9273 1.01763 21.919 1.00704C21.9097 0.995138 21.9001 0.983563 21.8901 0.97218C21.8855 0.966811 21.8814 0.961104 21.8766 0.955818C21.8725 0.951356 21.868 0.947569 21.8638 0.943212C21.8536 0.932472 21.8429 0.922122 21.8321 0.911927C21.8221 0.902511 21.8121 0.893198 21.8017 0.884328C21.7915 0.875585 21.7809 0.867285 21.7703 0.85904C21.7587 0.850039 21.7471 0.841089 21.7351 0.832763C21.7247 0.8255 21.714 0.818781 21.7032 0.812011C21.6906 0.804022 21.6781 0.796084 21.6651 0.788848C21.6538 0.782468 21.6421 0.776736 21.6304 0.770873C21.6177 0.764491 21.6051 0.758084 21.5921 0.752404C21.5793 0.746748 21.5662 0.74182 21.553 0.736785C21.5406 0.732064 21.5283 0.727266 21.5157 0.723141C21.5019 0.718572 21.4877 0.714762 21.4736 0.710897C21.4611 0.707524 21.4487 0.704074 21.4361 0.701247C21.422 0.698108 21.4077 0.695645 21.3934 0.693206C21.38 0.690923 21.3667 0.688693 21.3532 0.687059C21.3397 0.685425 21.3261 0.684334 21.3124 0.683349C21.2976 0.682259 21.2828 0.681403 21.268 0.681092C21.2619 0.680954 21.2561 0.680176 21.25 0.680176H0.85C0.844293 0.680176 0.838794 0.680928 0.833087 0.681032C0.81742 0.681344 0.801752 0.682225 0.786136 0.683392C0.773217 0.684378 0.760404 0.68539 0.747693 0.686921C0.733426 0.688632 0.719263 0.690966 0.705047 0.693431C0.691507 0.695769 0.677966 0.698075 0.664685 0.701057C0.651298 0.704041 0.638123 0.707672 0.624841 0.711304C0.611454 0.714987 0.598072 0.718593 0.584946 0.722899C0.571664 0.727255 0.558596 0.732315 0.545465 0.737349C0.533066 0.742122 0.520615 0.74679 0.508474 0.752108C0.494934 0.758048 0.481699 0.764741 0.468418 0.771434C0.457262 0.777036 0.446106 0.78251 0.435268 0.78858C0.421987 0.796025 0.409017 0.804198 0.396047 0.812419C0.385671 0.819006 0.375191 0.825544 0.365128 0.832575C0.352937 0.841031 0.34116 0.850106 0.329384 0.859292C0.318903 0.867412 0.308528 0.875557 0.298465 0.884168C0.287985 0.893118 0.277868 0.902534 0.2677 0.912106C0.256961 0.922223 0.24643 0.932495 0.236209 0.943156C0.232059 0.94754 0.227496 0.951353 0.223395 0.955815C0.21857 0.961106 0.214523 0.966813 0.209854 0.972177C0.199945 0.983565 0.190296 0.995135 0.180954 1.00704C0.172706 1.01762 0.164664 1.02829 0.156987 1.03915C0.148789 1.0507 0.140956 1.06242 0.133329 1.07438C0.125806 1.08624 0.118491 1.09814 0.111539 1.11026C0.104898 1.12198 0.0986213 1.13391 0.0925002 1.14597C0.0860668 1.15869 0.0797895 1.17142 0.0739787 1.18439C0.0685313 1.19666 0.0634993 1.20914 0.0586224 1.22175C0.0534863 1.23492 0.0485052 1.2481 0.0440438 1.26148C0.0397938 1.2743 0.0360028 1.28727 0.0323191 1.30037C0.0284803 1.31407 0.0248488 1.32779 0.0216836 1.34164C0.0187787 1.35458 0.0162361 1.36766 0.0139018 1.38084C0.0113082 1.39544 0.00902494 1.41004 0.00720806 1.42473C0.00564973 1.43736 0.0043874 1.45006 0.00342124 1.46283C0.00217599 1.47853 0.00138063 1.49422 0.00103496 1.50991C0.000881963 1.51671 0 1.52333 0 1.53018V15.9802C0.000515459 16.4309 0.179788 16.863 0.498488 17.1817C0.817188 17.5004 1.24929 17.6797 1.7 17.6802H20.4C20.8507 17.6797 21.2828 17.5004 21.6015 17.1817C21.9202 16.863 22.0995 16.4309 22.1 15.9802V1.53018C22.1 1.52333 22.0991 1.51671 22.099 1.50992ZM1.7 3.46247L7.93752 9.18021L1.7 14.8979V3.46247ZM12.3401 8.54449L12.3395 8.54506L11.05 9.72709L3.03523 2.38018H19.0648L12.3401 8.54449ZM9.1955 10.3333L10.4756 11.5068C10.6324 11.6505 10.8373 11.7302 11.05 11.7302C11.2627 11.7302 11.4676 11.6505 11.6244 11.5068L12.9046 10.3333L19.0648 15.9802H3.03528L9.1955 10.3333ZM14.1625 9.18018L20.4002 3.46231L20.401 14.8987L14.1625 9.18018Z" /> </svg> </span> <span>Suscríbete</span> </a> </div> <a href="/giving/now" class="mises-btn-green uppercase h-full items-center"> Apoya al Mises </a> </div> </div> <div class="header__main col-span-9 col-start-4 row-start-2 border-r border-misesGreyLight border-opacity-50 -lg:row-start-1 -lg:col-span-5 -lg:border-none"> <div class="header__main__container flex flex-row justify-start items-center h-full -lg:hidden"> <nav class="header__main__desktop h-full flex-grow overflow-x-scroll no-scrollbar"> <ul class="menu menu--main-menu menu--main-menu--es menu--level-1"> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/poder-y-mercado" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="taxonomy/term/5490">Poder y mercado</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/wire" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="wire">Wire</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/library" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="library">Biblioteca</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/podcasts" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="podcasts">Pódcast</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="https://www.youtube.com/user/misesmedia" class="menu__link menu__link--link menu__link--level-1">Vídeo</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/events" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="events">Eventos</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/subscribe-newsletter" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="subscribe-newsletter">Suscríbete</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/economia-para-principiantes" class="menu__link menu__link--link menu__link--level-1">Principiantes</a> </li> </ul> </nav> <div class="ml-auto h-full"> <form class="flex h-full border-l border-misesGreyLight min-w-[15rem] border-opacity-50" action="/search" data-component-id="mises:element-header-search" id="search-query-desktop-form"> <input class=" form-input flex-grow focus:ring border-none focus:ring-indigo-200 focus:ring-opacity-50 text-sm -lg:text-base " id="search-query-desktop-search-input" name="query" type="text" aria-label="Search" placeholder="Busca en mises.org" /> <button type="submit" id="search-query-desktop-submit" value="Submit" class="text-misesBlue p-4"> <span class="sr-only">Search</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="20" height="20" viewBox="0 0 20 20" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path fill-rule="evenodd" clip-rule="evenodd" d="M2 9C2 5.13401 5.13401 2 9 2C12.866 2 16 5.13401 16 9C16 10.886 15.2541 12.5978 14.0412 13.8566C14.0071 13.8828 13.9742 13.9116 13.9429 13.9429C13.9116 13.9742 13.8828 14.0071 13.8566 14.0412C12.5978 15.2541 10.886 16 9 16C5.13401 16 2 12.866 2 9ZM14.6177 16.0319C13.078 17.2635 11.125 18 9 18C4.02944 18 0 13.9706 0 9C0 4.02944 4.02944 0 9 0C13.9706 0 18 4.02944 18 9C18 11.125 17.2635 13.078 16.0319 14.6177L19.7071 18.2929C20.0977 18.6834 20.0977 19.3166 19.7071 19.7071C19.3166 20.0977 18.6834 20.0977 18.2929 19.7071L14.6177 16.0319Z" /> </svg> </span> </button> </form> </div> </div> <div class="header__main__container__mobile lg:hidden -lg:flex justify-end items-center h-full"> <div class="header-hamburger-wrapper flex text-misesBlue justify-center items-center flex-col border-r border-l border-misesGreyLight border-opacity-50 h-full w-14 relative group"> <button type="button" class="w-8 group flex flex-col gap-1 justify-center items-center" id="mobile-menu-button"> <span class="sr-only">Open Mobile Navigation</span> <span class="bg-misesBlue block transition-all duration-300 ease-out h-[4px] w-full rounded-sm -translate-y-0.5 group-hover:bg-misesBlueHover group-[.open]:bg-misesBlueHover group-[.open]:rotate-45 group-[.open]:translate-y-[0.7rem] "></span> <span class="bg-misesBlue block transition-all duration-300 ease-out h-[4px] w-full rounded-sm opacity-100 group-hover:bg-misesBlueHover group-[.open]:opacity-0"></span> <span class="bg-misesBlue block transition-all duration-300 ease-out h-[4px] w-full rounded-sm translate-y-0.5 group-hover:bg-misesBlueHover group-[.open]:bg-misesBlueHover group-[.open]:-rotate-45 group-[.open]:translate-y-[-0.3rem]"></span> </button> <div class="absolute bottom-0 w-full h-1 bg-misesBlueHover opacity-0 transition group-[.menu-open]:opacity-100"></div> </div> <div class="header-hamburger-wrapper flex justify-center items-center flex-col h-full p-2 w-14"> <button type="button" class="w-8 flex justify-center items-center flex-col text-misesBlue hover:text-misesBlueHover focus:text-misesBlueHover" id="mobile-search-button"> <span class="sr-only">Open Search</span> <span class="atom-svg flex flex-col items-center fill-svg w-6 h-6" data-component-id="mises:atom-svg"> <svg width="20" height="20" viewBox="0 0 20 20" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path fill-rule="evenodd" clip-rule="evenodd" d="M2 9C2 5.13401 5.13401 2 9 2C12.866 2 16 5.13401 16 9C16 10.886 15.2541 12.5978 14.0412 13.8566C14.0071 13.8828 13.9742 13.9116 13.9429 13.9429C13.9116 13.9742 13.8828 14.0071 13.8566 14.0412C12.5978 15.2541 10.886 16 9 16C5.13401 16 2 12.866 2 9ZM14.6177 16.0319C13.078 17.2635 11.125 18 9 18C4.02944 18 0 13.9706 0 9C0 4.02944 4.02944 0 9 0C13.9706 0 18 4.02944 18 9C18 11.125 17.2635 13.078 16.0319 14.6177L19.7071 18.2929C20.0977 18.6834 20.0977 19.3166 19.7071 19.7071C19.3166 20.0977 18.6834 20.0977 18.2929 19.7071L14.6177 16.0319Z" /> </svg> </span> </button> </div> </div> </div> </div> <div id="block-mobile-dropdown" class="block-mobile-dropdown absolute top-full left-0 bg-misesBlueDark text-white w-full z-50 py-7 overflow-hidden h-0 invisible opacity-0 ease-out duration-300 no-scrollbar" data-component-id="mises:block-header-mobile-dropdown"> <div class="container text-lg"> <nav class="block-mobile-dropdown__menu font-semibold"> <ul class="menu menu--main-menu menu--main-menu--es menu--level-1"> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/poder-y-mercado" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="taxonomy/term/5490">Poder y mercado</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/wire" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="wire">Wire</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/library" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="library">Biblioteca</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/podcasts" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="podcasts">Pódcast</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="https://www.youtube.com/user/misesmedia" class="menu__link menu__link--link menu__link--level-1">Vídeo</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/events" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="events">Eventos</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/subscribe-newsletter" class="menu__link menu__link--link menu__link--level-1" data-drupal-link-system-path="subscribe-newsletter">Suscríbete</a> </li> <li class="menu__item menu__item--link menu__item--level-1"> <a href="/es/economia-para-principiantes" class="menu__link menu__link--link menu__link--level-1">Principiantes</a> </li> </ul> </nav> <nav class="block-mobile-dropdown__menu py-7 flex flex-col gap-7 font-semibold"> <a href="/" class="text-white hover:underline focus:underlin">View in English</a> <a class="inline-flex items-center py-2 px-3 uppercase no-underline text-misesGreenDark hover:text-misesGreen h-full -lg:px-0 text-white hover:text-white hover:underline focus:underline" href="https://store.mises.org"> <span class="atom-svg mr-1 -lg:mr-2" data-component-id="mises:atom-svg"> <svg width="23" height="23" viewBox="0 0 23 23" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path fill-rule="evenodd" clip-rule="evenodd" d="M1 0.909668C0.447715 0.909668 0 1.35738 0 1.90967C0 2.46195 0.447715 2.90967 1 2.90967H3.8337L4.57892 6.63296C4.58323 6.66041 4.58867 6.68749 4.59517 6.71415L6.12031 14.3342L6.12048 14.335C6.24987 14.9854 6.60378 15.5696 7.12032 15.9854C7.63433 16.3992 8.2768 16.62 8.93636 16.6099H17.7971C18.4566 16.62 19.0991 16.3992 19.6131 15.9854C20.1299 15.5694 20.4839 14.9849 20.6131 14.3342L20.6131 14.3342L20.6146 14.3267L22.0759 6.66373C22.1317 6.37098 22.0541 6.06858 21.8641 5.83895C21.6741 5.60933 21.3916 5.4764 21.0936 5.4764H6.3871L5.63394 1.71341C5.5404 1.24605 5.13001 0.909668 4.65339 0.909668H1ZM8.08171 13.9431L6.7874 7.4764H19.8849L18.6514 13.9446L18.6508 13.9475C18.6126 14.1366 18.5093 14.3064 18.359 14.4275C18.2078 14.5491 18.0187 14.6138 17.8247 14.61L17.8056 14.6099H8.92785L8.90869 14.61C8.7147 14.6138 8.52559 14.5491 8.37446 14.4275C8.22332 14.3058 8.11979 14.1349 8.082 13.9446L8.08171 13.9431ZM8.3068 20.2632C8.35465 20.2632 8.39345 20.2244 8.39345 20.1766C8.39345 20.1287 8.35465 20.0899 8.3068 20.0899C8.25894 20.0899 8.22014 20.1287 8.22014 20.1766C8.22014 20.2244 8.25894 20.2632 8.3068 20.2632ZM6.39345 20.1766C6.39345 19.1199 7.25008 18.2632 8.3068 18.2632C9.36351 18.2632 10.2201 19.1199 10.2201 20.1766C10.2201 21.2333 9.36351 22.0899 8.3068 22.0899C7.25008 22.0899 6.39345 21.2333 6.39345 20.1766ZM18.3536 20.2632C18.4015 20.2632 18.4403 20.2244 18.4403 20.1766C18.4403 20.1287 18.4015 20.0899 18.3536 20.0899C18.3057 20.0899 18.2669 20.1287 18.2669 20.1766C18.2669 20.2244 18.3057 20.2632 18.3536 20.2632ZM16.4403 20.1766C16.4403 19.1199 17.2969 18.2632 18.3536 18.2632C19.4103 18.2632 20.2669 19.1199 20.2669 20.1766C20.2669 21.2333 19.4103 22.0899 18.3536 22.0899C17.2969 22.0899 16.4403 21.2333 16.4403 20.1766Z" /> </svg> </span> <span>Tienda Mises</span> </a> <a href="/about-mises/subscribe" class="inline-flex items-center text-white hover:underline focus:underline" data-component-id="mises:element-icon-link" > <span class="atom-svg mr-1 -lg:mr-2" data-component-id="mises:atom-svg"> <svg width="23" height="18" viewBox="0 0 23 18" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M22.099 1.50992C22.0986 1.4942 22.0978 1.4785 22.0966 1.46284C22.0956 1.45005 22.0943 1.43735 22.0928 1.42473C22.091 1.41005 22.0887 1.39544 22.0861 1.38084C22.0838 1.36766 22.0812 1.35459 22.0783 1.34164C22.0751 1.32779 22.0715 1.31407 22.0677 1.30037C22.064 1.28727 22.0602 1.2743 22.056 1.26149C22.0515 1.2481 22.0465 1.23492 22.0414 1.22175C22.0365 1.20914 22.0315 1.19666 22.026 1.1844C22.0202 1.17143 22.0139 1.15869 22.0075 1.14598C22.0014 1.13392 21.9951 1.12198 21.9885 1.11026C21.9815 1.09815 21.9742 1.08624 21.9667 1.07438C21.959 1.06243 21.9512 1.0507 21.943 1.03916C21.9353 1.02829 21.9273 1.01763 21.919 1.00704C21.9097 0.995138 21.9001 0.983563 21.8901 0.97218C21.8855 0.966811 21.8814 0.961104 21.8766 0.955818C21.8725 0.951356 21.868 0.947569 21.8638 0.943212C21.8536 0.932472 21.8429 0.922122 21.8321 0.911927C21.8221 0.902511 21.8121 0.893198 21.8017 0.884328C21.7915 0.875585 21.7809 0.867285 21.7703 0.85904C21.7587 0.850039 21.7471 0.841089 21.7351 0.832763C21.7247 0.8255 21.714 0.818781 21.7032 0.812011C21.6906 0.804022 21.6781 0.796084 21.6651 0.788848C21.6538 0.782468 21.6421 0.776736 21.6304 0.770873C21.6177 0.764491 21.6051 0.758084 21.5921 0.752404C21.5793 0.746748 21.5662 0.74182 21.553 0.736785C21.5406 0.732064 21.5283 0.727266 21.5157 0.723141C21.5019 0.718572 21.4877 0.714762 21.4736 0.710897C21.4611 0.707524 21.4487 0.704074 21.4361 0.701247C21.422 0.698108 21.4077 0.695645 21.3934 0.693206C21.38 0.690923 21.3667 0.688693 21.3532 0.687059C21.3397 0.685425 21.3261 0.684334 21.3124 0.683349C21.2976 0.682259 21.2828 0.681403 21.268 0.681092C21.2619 0.680954 21.2561 0.680176 21.25 0.680176H0.85C0.844293 0.680176 0.838794 0.680928 0.833087 0.681032C0.81742 0.681344 0.801752 0.682225 0.786136 0.683392C0.773217 0.684378 0.760404 0.68539 0.747693 0.686921C0.733426 0.688632 0.719263 0.690966 0.705047 0.693431C0.691507 0.695769 0.677966 0.698075 0.664685 0.701057C0.651298 0.704041 0.638123 0.707672 0.624841 0.711304C0.611454 0.714987 0.598072 0.718593 0.584946 0.722899C0.571664 0.727255 0.558596 0.732315 0.545465 0.737349C0.533066 0.742122 0.520615 0.74679 0.508474 0.752108C0.494934 0.758048 0.481699 0.764741 0.468418 0.771434C0.457262 0.777036 0.446106 0.78251 0.435268 0.78858C0.421987 0.796025 0.409017 0.804198 0.396047 0.812419C0.385671 0.819006 0.375191 0.825544 0.365128 0.832575C0.352937 0.841031 0.34116 0.850106 0.329384 0.859292C0.318903 0.867412 0.308528 0.875557 0.298465 0.884168C0.287985 0.893118 0.277868 0.902534 0.2677 0.912106C0.256961 0.922223 0.24643 0.932495 0.236209 0.943156C0.232059 0.94754 0.227496 0.951353 0.223395 0.955815C0.21857 0.961106 0.214523 0.966813 0.209854 0.972177C0.199945 0.983565 0.190296 0.995135 0.180954 1.00704C0.172706 1.01762 0.164664 1.02829 0.156987 1.03915C0.148789 1.0507 0.140956 1.06242 0.133329 1.07438C0.125806 1.08624 0.118491 1.09814 0.111539 1.11026C0.104898 1.12198 0.0986213 1.13391 0.0925002 1.14597C0.0860668 1.15869 0.0797895 1.17142 0.0739787 1.18439C0.0685313 1.19666 0.0634993 1.20914 0.0586224 1.22175C0.0534863 1.23492 0.0485052 1.2481 0.0440438 1.26148C0.0397938 1.2743 0.0360028 1.28727 0.0323191 1.30037C0.0284803 1.31407 0.0248488 1.32779 0.0216836 1.34164C0.0187787 1.35458 0.0162361 1.36766 0.0139018 1.38084C0.0113082 1.39544 0.00902494 1.41004 0.00720806 1.42473C0.00564973 1.43736 0.0043874 1.45006 0.00342124 1.46283C0.00217599 1.47853 0.00138063 1.49422 0.00103496 1.50991C0.000881963 1.51671 0 1.52333 0 1.53018V15.9802C0.000515459 16.4309 0.179788 16.863 0.498488 17.1817C0.817188 17.5004 1.24929 17.6797 1.7 17.6802H20.4C20.8507 17.6797 21.2828 17.5004 21.6015 17.1817C21.9202 16.863 22.0995 16.4309 22.1 15.9802V1.53018C22.1 1.52333 22.0991 1.51671 22.099 1.50992ZM1.7 3.46247L7.93752 9.18021L1.7 14.8979V3.46247ZM12.3401 8.54449L12.3395 8.54506L11.05 9.72709L3.03523 2.38018H19.0648L12.3401 8.54449ZM9.1955 10.3333L10.4756 11.5068C10.6324 11.6505 10.8373 11.7302 11.05 11.7302C11.2627 11.7302 11.4676 11.6505 11.6244 11.5068L12.9046 10.3333L19.0648 15.9802H3.03528L9.1955 10.3333ZM14.1625 9.18018L20.4002 3.46231L20.401 14.8987L14.1625 9.18018Z" /> </svg> </span> <span>Suscríbete</span> </a> </nav> <a href="/giving" class="block font-semibold w-full py-2 px-8 text-white bg-misesGreen no-underline font-crimsontext-white hover:bg-misesGreenDark focus:bg-misesGreenDark text-center mb-7"> Apoya al Mises </a> <div class="flex flex-col justify-center items-center"> <div class="flex flex-row flex-wrap justify-start items-center gap-4" data-component-id="mises:element-social-icons"> <a class="social-link-icon" href="https://www.facebook.com/institutomises" target="_blank"> <span class="sr-only">Mises Facebook</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M18 2H15C13.6739 2 12.4021 2.52678 11.4645 3.46447C10.5268 4.40215 10 5.67392 10 7V10H7V14H10V22H14V14H17L18 10H14V7C14 6.73478 14.1054 6.48043 14.2929 6.29289C14.4804 6.10536 14.7348 6 15 6H18V2Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon" href="https://twitter.com/institutomises" target="_blank"> <span class="sr-only">Mises X</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="currentColor" viewBox="0 0 16 16"> <path d="M12.6.75h2.454l-5.36 6.142L16 15.25h-4.937l-3.867-5.07-4.425 5.07H.316l5.733-6.57L0 .75h5.063l3.495 4.633L12.601.75Zm-.86 13.028h1.36L4.323 2.145H2.865l8.875 11.633Z"/> </svg> </span> </a> <a class="social-link-icon" href="https://instagram.com/misesinstitute" target="_blank"> <span class="sr-only">Mises Instagram</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M17 2H7C4.23858 2 2 4.23858 2 7V17C2 19.7614 4.23858 22 7 22H17C19.7614 22 22 19.7614 22 17V7C22 4.23858 19.7614 2 17 2Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M16 11.3698C16.1234 12.2021 15.9813 13.052 15.5938 13.7988C15.2063 14.5456 14.5932 15.1512 13.8416 15.5295C13.0901 15.9077 12.2385 16.0394 11.4078 15.9057C10.5771 15.7721 9.80977 15.3799 9.21485 14.785C8.61993 14.1901 8.22774 13.4227 8.09408 12.592C7.96042 11.7614 8.09208 10.9097 8.47034 10.1582C8.8486 9.40667 9.4542 8.79355 10.201 8.40605C10.9478 8.01856 11.7978 7.8764 12.63 7.99981C13.4789 8.1257 14.2649 8.52128 14.8717 9.12812C15.4785 9.73496 15.8741 10.5209 16 11.3698Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M17.5 6.5H17.51" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon" href="https://podcasts.apple.com/us/artist/mises-institute/1280664810" target="_blank"> <span class="sr-only">Mises itunes</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M21.408 10.0081C21.408 4.8241 17.184 0.600098 12 0.600098C6.81598 0.600098 2.59198 4.8241 2.59198 10.0081C2.59198 14.1601 5.27998 17.6641 9.02398 18.9121V20.4481C9.02398 22.0802 10.344 23.4241 12 23.4241C13.6559 23.4241 14.976 22.0801 14.976 20.4241V18.8881C18.696 17.6641 21.408 14.1361 21.408 10.0081ZM13.776 20.4241C13.776 21.4081 12.9839 22.2001 12 22.2001C11.016 22.2001 10.2239 21.4081 10.2239 20.4241V15.1921C10.2239 14.2081 11.016 13.4161 12 13.4161C12.9839 13.4161 13.776 14.2081 13.776 15.1921V20.4241ZM9.79198 10.0081C9.79198 8.78412 10.7999 7.7761 12.024 7.7761C13.248 7.7761 14.256 8.78406 14.256 10.0081C14.256 11.2321 13.248 12.2401 12.024 12.2401C10.7759 12.2161 9.79198 11.2321 9.79198 10.0081ZM13.824 12.8641C14.76 12.2641 15.408 11.2081 15.408 10.0081C15.408 8.13606 13.8719 6.6001 12 6.6001C10.1279 6.6001 8.59196 8.13612 8.59196 10.0081C8.59196 11.2081 9.21594 12.2641 10.1759 12.8641C9.69594 13.2481 9.33594 13.7521 9.16798 14.3521C7.72798 13.416 6.79198 11.8081 6.79198 9.98406C6.79198 7.10406 9.14398 4.75206 12 4.75206C14.88 4.75206 17.232 7.10406 17.232 9.98406C17.232 11.808 16.272 13.4161 14.856 14.3521C14.6639 13.7521 14.3039 13.2481 13.8239 12.8641H13.824ZM14.976 17.6641V15.6481C17.016 14.5681 18.408 12.4561 18.408 10.0081C18.4079 6.4561 15.528 3.6001 12 3.6001C8.47202 3.6001 5.61602 6.4801 5.61602 10.0081C5.61602 12.4561 7.00806 14.5921 9.04802 15.6481V17.6641C5.97602 16.4641 3.79202 13.4881 3.79202 10.0081C3.79202 5.4721 7.46402 1.7761 12 1.7761C16.536 1.7761 20.208 5.4721 20.208 9.9841C20.208 13.4881 18.048 16.4641 14.976 17.6641Z" /> </svg> </span> </a> <a class="social-link-icon" href="https://youtube.com/user/misesmedia" target="_blank" > <span class="sr-only">Mises Youtube</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M22.54 6.42C22.4212 5.94541 22.1793 5.51057 21.8387 5.15941C21.498 4.80824 21.0708 4.55318 20.6 4.42C18.88 4 12 4 12 4C12 4 5.12002 4 3.40002 4.46C2.92927 4.59318 2.502 4.84824 2.16137 5.19941C1.82074 5.55057 1.57881 5.98541 1.46002 6.46C1.14524 8.20556 0.991258 9.97631 1.00002 11.75C0.988802 13.537 1.14279 15.3213 1.46002 17.08C1.59098 17.5398 1.83833 17.9581 2.17817 18.2945C2.518 18.6308 2.93884 18.8738 3.40002 19C5.12002 19.46 12 19.46 12 19.46C12 19.46 18.88 19.46 20.6 19C21.0708 18.8668 21.498 18.6118 21.8387 18.2606C22.1793 17.9094 22.4212 17.4746 22.54 17C22.8524 15.2676 23.0063 13.5103 23 11.75C23.0112 9.96295 22.8573 8.1787 22.54 6.42Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M9.75 15.02L15.5 11.75L9.75 8.47998V15.02Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon" href="/es/rss.xml" target="_blank"> <span class="sr-only">Mises RSS feed</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M4 11C6.38695 11 8.67613 11.9482 10.364 13.636C12.0518 15.3239 13 17.6131 13 20" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M4 4C8.24346 4 12.3131 5.68571 15.3137 8.68629C18.3143 11.6869 20 15.7565 20 20" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M5 20C5.55228 20 6 19.5523 6 19C6 18.4477 5.55228 18 5 18C4.44772 18 4 18.4477 4 19C4 19.5523 4.44772 20 5 20Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> </div> </div> </div> </div> <div id="header-mobile-search" class="bg-misesBlueDark flex flex-col justify-center items-center invisible h-0 opacity-0 ease-out duration-300 overflow-hidden" aria-expanded="false"> <div class="container py-7"> <form class="flex h-full min-w-[15rem] w-full" action="/search" data-component-id="mises:element-header-search" id="search-query-mobile-form"> <input class=" form-input flex-grow focus:ring border-none focus:ring-indigo-200 focus:ring-opacity-50 text-sm -lg:text-base " id="search-query-mobile-search-input" name="query" type="text" aria-label="Search" placeholder="Busca en mises.org" /> <button type="submit" id="search-query-mobile-submit" value="Submit" class="text-white bg-misesGreen p-4"> <span class="sr-only">Search</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="20" height="20" viewBox="0 0 20 20" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path fill-rule="evenodd" clip-rule="evenodd" d="M2 9C2 5.13401 5.13401 2 9 2C12.866 2 16 5.13401 16 9C16 10.886 15.2541 12.5978 14.0412 13.8566C14.0071 13.8828 13.9742 13.9116 13.9429 13.9429C13.9116 13.9742 13.8828 14.0071 13.8566 14.0412C12.5978 15.2541 10.886 16 9 16C5.13401 16 2 12.866 2 9ZM14.6177 16.0319C13.078 17.2635 11.125 18 9 18C4.02944 18 0 13.9706 0 9C0 4.02944 4.02944 0 9 0C13.9706 0 18 4.02944 18 9C18 11.125 17.2635 13.078 16.0319 14.6177L19.7071 18.2929C20.0977 18.6834 20.0977 19.3166 19.7071 19.7071C19.3166 20.0977 18.6834 20.0977 18.2929 19.7071L14.6177 16.0319Z" /> </svg> </span> </button> </form> </div> </div> </header> <div class="container lg:hidden -lg:flex flex-row justify-end items-center -mb-2"> <a href="/giving/now" class="mises-btn-green uppercase h-full items-center"> Apoya al Mises </a> </div> </div> <div class="container mx-auto my-1 region--highlighted"> <div data-drupal-messages-fallback class="hidden"></div> </div> <main role="main" class="container mb-7"> <a id="main-content" tabindex="-1"></a> <div class="pre-content" role="complementary"> </div> <section class="grid grid-cols-1 md:grid-cols-12 gap-10"> <section class="primary-content col-span-full print:col-span-full md:col-span-8"> <section id="block-mises-misespagetitle" data-component-id="mises:block-page-title" class="relative mb-4"> <h1 class="page-title text-4xl font-crimson text-misesGreyDark [text-wrap:balance] md:text-5xl lg:text-6xl"> Ludwig von Mises </h1> </section> <div id="block-mises-content"> <section class="relative w-full clear-both"> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "Person", "name": "Ludwig von Mises" } </script> <div class="relative w-full"> <div class="lg:mr-5 lg:float-left lg:max-w-[240px] relative z-[1]"> <div class="border-t-8 border-misesBlue mb-2 max-w-full bg-misesGreyBlue" style="border-top-style: solid"> <div> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_650w/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg.webp?itok=0y40WNpx 650w,https://cdn.mises.org/styles/responsive_870w/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg.webp?itok=mShU36Vp 870w,https://cdn.mises.org/styles/responsive_1090w/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg.webp?itok=f_dn2AiY 1090w,https://cdn.mises.org/styles/responsive_1310w/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg.webp?itok=Kd2RkCTZ 1310w,https://cdn.mises.org/styles/responsive_1530w/s3/static-page/img/Ludwig%20von%20Mises%20576x720.jpg.webp?itok=M6ZpKeZm 1530w" loading="lazy" alt="Ludwig von Mises" width="576" height="720" data-multiplier="1x" data-lqp="1" /> </div> </div> </div> </div> <div class="font-bold text-misesGrey text-lg mb-2 person-title"></div> <div class="mt-1.5 person-description"> <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"> <div><blockquote><p>El problema es siempre el mismo: o el gobierno o el mercado. No hay una tercera vía.</p></blockquote> <p> </p> <h2>Ludwig Heinrich Edler von Mises (1881 – 1973)</h2> <p>Uno de los economistas y filósofos sociales más notables del siglo XX, Ludwig von Mises, en el curso de su larga y muy productiva vida, desarrolló e integró una ciencia deductiva de la economía basada en el axioma fundamental de que los seres humanos actúan intencionadamente para alcanzar objetivos deseados. Aunque su análisis económico estaba en sí mismo “libre de valores” (en el sentido de que eran irrelevantes los valores defendidos por los economistas), Mises concluía que la única política económica viable para la raza humana era una política de laissez faire sin restricciones, de mercados libres y de un ejercicio sin intromisiones del derecho a la propiedad privada, con un gobierno estrictamente limitado a la defensa de la persona y la propiedad dentro de su área territorial.</p> <p>Pues Mises fue capaz de demostrar (a) que la expansión de los mercados libres, la división del trabajo y la inversión de capital privado es la única vía posible para la prosperidad y el florecimiento de la raza humana; (b) que el socialismo sería desastroso para una economía moderna porque la ausencia de propiedad privada de tierra y bienes de capital impide cualquier tipo de precios racionales o estimación de costes, y (c) que la intervención pública, además de obstaculizar y perjudicar al mercado, resultaría contraproducente y acumulativa, llevando inevitablemente al socialismo, salvo que se derogaran toda la gama de intervenciones.</p> <p>Manteniendo estas opiniones, ateniéndose a la verdad indomablemente ante un siglo cada vez más devoto del estatismo y el colectivismo, Mises se hizo famoso por su “intransigencia” en insistir en un patrón oro no inflacionista y en el laissez faire.</p> <p>Excluido en la práctica de cualquier puesto universitario asalariado en Austria y luego en Estados Unidos, Mises siguió su destino valerosamente. Como asesor económico principal del gobierno austriaco en la década de 1920, Mises consiguió por sí solo rebajar la inflación austriaca y desarrolló su propio “seminario privado” que atrajo a los más destacados economistas, sociólogos y filósofos jóvenes de toda Europa. Como fundador de la “Escuela Neoaustriaca” de economía, la teoría del ciclo económico de Mises, que culpaba de la inflación y las depresiones al crédito bancario inflacionista estimulado por los bancos centrales, fue adoptada por la mayoría de los economistas más jóvenes en Inglaterra a principios de 1930 como la mejor explicación de la Gran Depresión.</p> <p>Tras huir de los nazis a Estados Unidos, Mises realizó aquí su trabajo más importante. En más de dos décadas de enseñanza, inspiró una emergente Escuela Austriaca en Estados Unidos. El año después de que Mises muriera en 1973, su seguidor más distinguido, F.A. Hayek recibió el premio Nobel de economía por su trabajo que desarrollaba la teoría del ciclo económico de Mises a finales de la década de 1920 y la de 1930.</p> <p>Mises nació el 29 de septiembre de 1881 en la ciudad de Lemberg (ahora Lviv) en Galitzia, donde residía entonces su padre, un ingeniero civil vienés que trabajaba para los ferrocarriles austriacos. Tanto el padre como la madre de Mises venían de ilustres familias vienesas: el tío de su madre, el Dr. Joachim Landau, fue diputado del Partido Liberal en el parlamento austriaco.</p> <p>Tras entrar en la Universidad de Viena al empezar el siglo como un intervencionista de izquierdas, el joven Mises descubrió los Principios de economía política de Carl Menger, la obra fundadora de la Escuela Austriaca de economía, y se convirtió rápidamente al énfasis austriaco sobre la acción individual, en lugar de las irreales ecuaciones mecánicas como unidades de análisis económico, y a la importancia de una economía de libre mercado.</p> <p>Mises se convirtió en una eminente estudiante de postdoctorado en el famoso seminario de la Universidad de Viena del gran economista austriaco Eugen von Bohm-Bawerk (entre cuyos muchos logros estuvo la devastadora refutación de la teoría marxista del valor trabajo).</p> <p>El escudo de armas del Instituto Mises es el de la familia Mises, concedido en 1881 cuando el bisabuelo de Mises, Mayer Rachmiel Mises fue ennoblecido por el emperador Francisco José I de Austria. En el cuartel superior derecho está el caduceo de Mercurio, dios de comercio y la comunicación (la familia Mises tuvo éxito en ambas cosas: eran comerciantes y banqueros). En el cuartel inferior izquierdo hay una representación de los Diez Mandamientos. Mayer Rachmiel, así como su padre presidieron diversas organizaciones culturales judías en Lemberg, la ciudad en la que nació Ludwig. La banda roja muestra la rosa de Siria, que es la nombrada en la letanía como rosa mística en sus nombres de la Virgen María, así como las estrellas de casa real de David, un símbolo del pueblo judío. El lema de Ludwig durante toda su vida provenía de Virgilio: tu ne cede malis, sed contra audentior ito. <a href="https://cdn.mises.org/misescrest-large.jpg">Aquí</a> se puede ver el escudo.</p> <p>Durante este periodo, en su primera gran obra, La teoría del dinero y del crédito (1912), Mises realizó lo que se había considerado una tarea imposible: integrar la teoría del dinero dentro de la teoría general de la utilidad marginal y el precio (lo que ahora se llamaría integrar la “macroeconomía” en la “microeconomía”). Como Bohm-Bawerk y sus demás colegas austriacos no aceptaron la integración de Mises y permanecieron sin una teoría monetaria, se vio obligado a actuar por sí solo y fundar una escuela “neo-austriaca”.</p> <p>En su teoría monetaria, Mises recuperaba el principio mucho tiempo olvidado de la Escuela Británica de la Divisa, preeminente hasta la década de 1850, de que la sociedad no se beneficia en absoluto de ningún aumento en la oferta monetaria, que una mayor dinero y crédito bancario solo causan inflación y ciclos económicos y que por tanto la política del gobierno debería mantener el equivalente a un patrón oro 100%.</p> <p>Mises añadía a esta idea los elementos de su teoría del ciclo económico: que la expansión del crédito por los bancos, además de crear inflación, hace inevitables las depresiones al causar “malas inversiones”, es decir, induciendo a los empresarios a sobreinvertir en “órdenes superiores” de bienes de capital (máquina herramienta, construcción, etc.) y a infrainvertir en bienes de consumo.</p> <p>El problema es que el crédito bancario inflacionista, cuando se presta a empresas se disfraza como pseudo-ahorro y hace creer a los empresarios que hay más ahorros disponibles para invertir en la producción de bienes de capital de los que los consumidores están dispuestos realmente a ahorrar. Por tanto, un auge inflacionista requiere una recesión, que se convierte en un proceso doloroso pero necesario por el que el mercado liquida inversiones poco sólidas y restablece la estructura de inversión y producción que mejor satisface las preferencias y demandas del consumidor.</p> <p>Mises y seguidor Hayek desarrollaron esta teoría del ciclo durante la década de 1920, sobre la cual Mises fue capaz de alertar a un mundo despreocupado de que la muy proclamada “nueva era” de prosperidad permanente de la década de 1920 era una impostura y de que su inevitable resultado sería el pánico bancario y la depresión. Cuando Hayek fue invitado a enseñar en la London School of Economics en 1931 por un influyente exalumno del seminario privado de Mises, Lionel Robbins, Hayek fue capaz de convertir a la mayoría de los jóvenes economistas ingleses a esta perspectiva. En un rumbo hacia el enfrentamiento con John Maynard Keynes y sus discípulos en Cambridge, Hayek demolía el Tratado sobre el dinero de Keynes, pero perdió la batalla y la mayoría de sus seguidores ante la marea de la Revolución Keynesiana que arrasó el mundo académico después de la publicación de la Teoría general de Keynes en 1936.</p> <p>Las prescripciones políticas para los ciclos económicos de Mises-Hayek y de Keynes son absolutamente opuestas. Durante un periodo de auge, Mises aconsejaba el fin inmediato de toda expansión del crédito bancario y la moneda y, durante una recesión, aconsejaba un estricto laissez faire, permitiendo a las fuerzas de reajuste de la recesión trabajar por sí mismas tan rápido como sea posible.</p> <p>No solo eso: para Mises la peor forma de intervención sería impulsar al alza precios o salarios, causando desempleo, aumentar la oferta monetaria o aumentar el gasto público para estimular el consumo. Para Mises, la recesión era un problema de escasez de ahorro y exceso de consumo y era por tanto importante estimular el ahorro y la economización en lugar de lo contrario, de recortar el gasto público en lugar de aumentarlo. Está claro que a partir de 1936 Mises estaba totalmente en contra de la moda mundial en política macroeconómica.</p> <p>El socialismo-comunismo había triunfado en Rusia y buena parte de Europa durante y después de la Primera Guerra Mundial y Mises se vio obligado a publicar su famoso artículo “El cálculo económico en la comunidad socialista” (1920), en el que demostraba que a un consejo planificador socialista le sería imposible planear un sistema económico moderno; además, no funcionaría ningún intento de “mercados” artificiales, ya que un verdadero sistema de precios y costes requiere intercambio de títulos de propiedad y por tanto de propiedad privada de los medios de producción.</p> <p>Mises desarrollaba el artículo en su libro Socialismo (1922), una crítica completa filosófica y sociológica, además de económica, que sigue siendo la demolición más completa y devastadora del socialismo nunca escrita. Socialismo de Mises convenció a muchos eminentes economistas y filósofos sociales para que abandonaran el socialismo, incluyendo a Hayek, el alemán Wilhelm Ropke y el inglés Lionel Robbins.</p> <p>En Estados Unidos, la publicación de la traducción al inglés de Socialismo en 1936 atrajo la admiración del eminente periodista económico Henry Hazlitt, que lo reseñó en el New York Times y convirtió a uno de los más más conspicuos y eruditos compañeros de viajes de los comunistas estadounidenses del momento, J.B. Matthews, a una postura misesiana y una oposición a todas las formas de socialismo.</p> <p>A los socialistas en toda Europa y Estados Unidos les preocupó el problema del cálculo económico bajo el socialismo durante unos quince años, declarando finalmente el problema resuelto con la promulgación del modelo de “socialismo de mercado” del economista polaco Oskar Lange en 1936. Lange volvió a Polonia después de la Segunda Guerra Mundial para ayudar a planificar el comunismo polaco. El colapso de la planificación socialista, en Polonia y los demás países comunistas, en 1989, dejó enormemente avergonzados a los economistas del poder de todo el espectro ideológico, que habían aceptado la “solución” de Lange.</p> <p>Algunos socialistas importantes, como Robert Heilbroner, tuvieron la dignidad de admitir públicamente “Mises tenía razón” todo el tiempo (la frase “Mises tenía razón” fue el título de un panel en la reunión anual de 1990 de la Southern Economic Association en Nueva Orleáns).</p> <p>Si el socialismo era una catástrofe económica, la intervención pública no podía funcionar y tendería a llevar inevitablemente al socialismo. Mises desarrolló estas ideas en su Crítica del intervencionismo (1929) y expondría su filosofía política de liberalismo de laissez faire en su Liberalismo (1927).</p> <p>Además de posicionarse en contra de todas las tendencias políticas del siglo XX, Mises combatió con igual fervor y elocuencia las que consideraban desastrosas tendencias filosóficas y metodológicas dominantes en la economía y otras disciplinas. Estas incluían positivismo, relativismo, historicismo y polilogismo (la idea de que cada raza y género tiene su propia “lógica” y por tanto no puede comunicarse con otros grupos) y todas las formas de irracionalismo y negación de la verdad objetiva. Mises también desarrolló lo que consideraba la metodología apropiada de la deducción económica teórico-lógica a partir de axiomas evidentes, a la que llamó “praxeología” y realizó críticas mordaces hacia la creciente tendencia en la economía y otras disciplinas a remplazar la praxeología y la comprensión histórica con modelos matemáticos y manipulaciones estadísticas no realistas.</p> <p>Tras emigrar a Estados Unidos en 1940, los dos primeros libros de Mises en inglés fueron importantes e influyentes. Su Gobierno omnipotente (1944) fue el primer libro que se enfrentó a la visión marxista entonces prevaleciente de que el fascismo y el nazismo fueron impuestos a sus naciones por las grandes empresas y la “clase capitalista”. Su Burocracia (1944) fue un análisis todavía no superado de por qué el funcionamiento del gobierno debe ser necesariamente “burocrático” y sufrir todos los males de dicha burocracia.</p> <p>El logro más monumental de Mises fue La acción humana (1949), el primer tratado completo sobre teoría económica escrito desde la Primera Guerra Mundial. En él Mises asumía el reto de su propia metodología y programa de investigación y desarrollaba una estructura integrada y masiva de teoría económica sobre sus propios principios “praxeológicos” deductivos. Publicado en una época en la que economistas y gobiernos generalmente estaban totalmente dedicados al estatismo y la inflación keynesiana, La acción humana no fue leída por la profesión económica. Finalmente, en 1957, Mises publicaba su última gran obra, Teoría e historia, que, además de refutaciones del marxismo y el historicismo, planteaba las diferencias y funciones básicas de la teoría y la historia en la economía, así como en todas las diversas disciplinas de la acción humana.</p> <p>Hoy nos vamos del bar arregladas como siempre y mañana será otro mañana llena de historias a escuchar y miradas a esperar. Así empieza nuestra jornada, aunque luego en el trabajo todo el entusiasmo por el bello día soleado acaba en la habitual sala del consultorio fría y rancia que hemos conseguido obtener con tanto esfuerzo para poder trabajar con nuestros ordenadores portátiles teniendo al menos una silla y una mesa sobre la que apoyarnos. Hoy es el día del curso preparatorio para el parto y por eso ya a las nueve la entrada está llena de mujeres con ropa de gimnasia con sus grandes barrigas. Unas se acarician la barriga y otras buscan un lugar donde poder sentarse para relajar los primeros dolores de espalda. La mayor parte de ellas lleva un botellín de agua en una mano y una toalla en la otra. Muchas ya se conocen y por eso hay un vocerío de consejos y opiniones entre las que están viviendo más o menos los mismos momentos que luego desembocarán en el gran cambio de su vida al traer al mundo algo nuevo que las reflejará, al menos en parte. Muchas de ellas han visto cambiar su cuerpo, dejándose llevar también un poco, mientras que otras parecen listas para un desfile de premamás con ropa a la última moda y pelo y uñas bien arreglados. Atravesamos la sala con algo de dificultad, porque no queremos molestar al grupo de gestantes, que esperan a las obstetras que están allí por ellas. Por fin en nuestro despacho, cerramos la puerta a nuestras espaldas lanzando un suspiro de alivio, aunque con un poco de amargura y deseo de estar también en aquella sala antes o después. Sería bonito tener hijos a la vez, para enfrentarnos juntas y en el mismo momento a todo, siempre nos lo decimos, aunque seguramente no sea precisamente la cosa más probable y fácil el mundo.</p> <p>En Estados Unidos, como en su Austria natal, Mises no pudo encontrar un puesto asalariado la universidad. La Universidad de Nueva York, donde enseñó desde 1945 hasta su jubilación con 88 años en 1969, solo le nombró profesor visitante y su salario tuvieron que pagarlo el conservador-libertario Fondo William Volker hasta 1962 y después un consorcio de fundaciones y empresarios a favor del libre mercado. A pesar del clima desfavorable, Mises inspiró a un creciente grupo de alumnos y admiradores, animados alegremente por su erudición y él mismo continuó con su notable productividad.</p> <p>La oficina conseguida está oscura y hoy me falta ese rayo de sol que he dejado a la entrada. Aquí todas las estaciones son iguales y si no fuera por el gran frío del invierno y el calor del verano no podríamos saber en qué periodo del año nos encontramos. Cuando salimos a las seis es horrible entrar con la luz y salir fuera cuando ya está oscuro. Parece como si hubiéramos perdido una parte de nuestra vida entre documentos y estadísticas poco útiles para nuestra existencia. Poco después de que llegamos desciende el silencio sobre todo el consultorio: en cuanto empieza el curso las futuras mamás se sumergen completamente en los ejercicios de respiración y en la gimnasia de parto en la sala adyacente a la entrada y solo se oye a lo lejos la débil voz de Anna, nuestra obstetra preferida, que con su voz dulce y suave guía a las mujeres en el momento más bello de su vida. Así podemos también nosotras empezar a encender los ordenadores y a preparar las cosas, ya que mañana será la reunión con la responsable de todos los consultores familiares de zona y esta quiere tener todos los datos al alcance la mano, con muchas estadísticas demográficas y los nombres de quienes han prestado servicios en los últimos seis meses.</p> <p>Mises también era sostenido y trabajaba con admiradores libertarios y de libre mercado. Desde su fundación en 1946 hasta su muerte, Mises fue miembro a tiempo parcial del personal de la Foundation for Economic Education en Irvington-on-Hudson, Nueva York, y fue en la década de 1950 asesor económico de la National Association of Manufacturers (NAM) trabajando con la rama de laissez faire, que finalmente perdió ante la marea de estatismo “ilustrado”.</p> <p>Como librecambista y liberal clásico en la tradición de Cobden, Bright y Spencer, Mises era un libertario que defendía la razón y la libertad individual tanto en asuntos personales como económicos. Como racionalista y opositor al estatismo en todas sus formas, Mises nunca se había calificado a sí mismo como “conservador”, sino más bien como un liberal en el sentido del siglo XIX.</p> <p>De hecho, Mises era políticamente un radical de laissez faire, que denunciaba los aranceles, las restricciones a la inmigración o los intentos del gobierno por aplicar preceptos morales. Por otro lado, Mises era decididamente un conservador cultural y sociológico que atacaba el igualitarismo y denunciaba con firmeza el feminismo político como una faceta del socialismo. Contrariamente a muchos críticos conservadores del capitalismo, Mises sostenía que la moralidad personal y la familia nuclear al mismo tiempo eran esenciales y estimuladas por un sistema de capitalismo de libre mercado.</p> <p>La influencia de Mises fue notable, considerando la falta de popularidad de sus opiniones epistemológicas y políticas. Sus alumnos de la década de 1920, incluso quienes posteriormente se convirtieron en keynesianos, estuvieron marcados permanentemente por una visible influencia miesesiana. Estos alumnos incluían, además de Hayek y Robbins, a Fritz Machlup, Gottfried von Haberler, Oskar Morgenstern, Alfred Schutz, Hugh Gaitskell, Howard S. Ellis, John Van Sickle y Erich Voegelin.</p> <p>En Francia, el principal asesor económico del general De Gaulle, que ayudó a Francia a alejarse del socialismo, fue Jacques Rueff, un viejo amigo y admirador de Mises. Y parte del alejamiento del socialismo de Italia tras la Segunda Guerra Mundial se debió a su presidente, Luigi Einaudi, un distinguido economista y amigo por mucho tiempo y colega librecambista de Mises. En Estados Unidos, Mises no fue tan influyente. Bajo condiciones académicas menos prometedoras, sus alumnos y admiradores incluyeron a Henry Hazlitt, Lawrence Fertig, Percy Greaves, Jr., Bettina Bien Graeves, Hans F. Sennholz, William H. Peterson, Louis M. Spadaro, Israel M. Kirzner, Ralph Raico, George Reisman y Murray N. Rothbard. Pero Mises fue capaz de crear un seguimiento notablemente fuerte y leal entre empresarios y otras personas fuera de la universidad: su masivo y complejo La acción humana se ha vendido extraordinariamente bien desde los años de su publicación original.</p> <p>Desde la muerte de Mises en Nueva York el 10 de octubre de 1973 con 92 años, la doctrina e influencia misesianas han experimentado un renacimiento. El año siguiente no solo vio el premio Nobel de Hayek por su teoría misesiana del ciclo, sino también la primera de muchas conferencias de la Escuela Austriaca en Estados Unidos. Se han reimpreso los libros de Mises y se han traducido y publicado recopilaciones de sus artículos. Se han impartido y creado cursos y programas de economía austriaca en todo el país.</p> <p>A la cabeza de esta recuperación de Mises y del estudio y expansión de la doctrina misesiana ha estado el Instituto Ludwig von Mises, fundado por Llewellyn Rockwell, Jr. en 1982 y con sede en Auburn, Alabama. El Instituto Mises publica revistas y libros de investigación y ofrece cursos de economía austriaca básica, media y avanzada, que atraen a cada vez más alumnos y profesores. Sin duda, el colapso del socialismo y el creciente atractivo del libre mercado han contribuido enormemente a este aumento de popularidad.</p></div> </div> </div> </div> <div class="my-5 person-latest-work clear-both"> <h2 class="text-2xl font-crimson mb-2">Latest work</h2> <div class="views-element-container"><div class="view view-person-articles view-id-person_articles view-display-id-block_1 js-view-dom-id-a0a50482bd0c5f9c7b0db3347aeec9cd15ea4577857ca62c375ed284ea33a97b"> <div class="view-content"> <article class="card-title-teaser border-b border-b-misesGreyLight pb-5 my-5 last:border-0 last:pb-0 last:mb-0" data-component-id="mises:card-title-teaser"> <div class="flex gap-2 flex-col"> <div class="font-myriad text-lg font-semibold mb-0 leading-tight"> <a href="/es/mises-daily/salarios-desempleo-e-inflacion" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> Salarios, desempleo e inflación</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"> <span> <time datetime="2024-06-20T13:00:00Z">06/20/2024</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"> <a href="/es/mises-daily" hreflang="es">Mises Daily</a> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/es/profile/ludwig-von-mises" hreflang="es">Ludwig von Mises</a></span> </div> <div class="font-myriad text-base"> There is only one way that leads to an improvement of the standard of living for the wage-earning masses, viz., the increase in the amount of capital invested. All other methods, however popular they may be, are not only futile, but are actually detrimental to the well-being of those they allegedly want to benefit. </div> </div> </article> <article class="card-title-teaser border-b border-b-misesGreyLight pb-5 my-5 last:border-0 last:pb-0 last:mb-0" data-component-id="mises:card-title-teaser"> <div class="flex gap-2 flex-col"> <div class="font-myriad text-lg font-semibold mb-0 leading-tight"> <a href="/es/mises-daily/la-nacionalizacion-del-credito" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> ¿La nacionalización del crédito?</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"> <span> <time datetime="2023-03-01T06:00:00Z">03/01/2023</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"> <a href="/es/mises-daily" hreflang="es">Mises Daily</a> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/es/profile/ludwig-von-mises" hreflang="es">Ludwig von Mises</a></span> </div> <div class="font-myriad text-base"> Arthur Travers-Borgstroem, escritor finlandés, publica un libro titulado Mutualismo que aborda ideas de reforma social y culmina con un alegato a favor de la nacionalización del crédito. En 1923... </div> </div> </article> <article class="card-title-teaser border-b border-b-misesGreyLight pb-5 my-5 last:border-0 last:pb-0 last:mb-0" data-component-id="mises:card-title-teaser"> <div class="flex gap-2 flex-col"> <div class="font-myriad text-lg font-semibold mb-0 leading-tight"> <a href="/es/mises-daily/el-mercado-parte-2" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline"> El mercado, parte 2</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"> <span> <time datetime="2022-11-28T06:00:00Z">11/28/2022</time> </span> <span aria-hidden="true">•</span> <span class="mises-link"> <a href="/es/mises-daily" hreflang="es">Mises Daily</a> </span> <span aria-hidden="true">•</span> <span class="mises-link"><a href="/es/profile/ludwig-von-mises" hreflang="es">Ludwig von Mises</a></span> </div> <div class="font-myriad text-base"> [Este artículo es un extracto del capítulo 15 de Acción humana. Este artículo sigue a « El mercado, parte 1».] 8. Lucro y pérdida empresariales Lucro, en un sentido más amplio, es la ganancia derivada... </div> </div> </article> </div> </div> </div> <p class="mt-6 text-left person-latest-work-search-link"> <a href="/search?articles_prod[refinementList][authors.name][0]=Ludwig von Mises" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">See all content by Ludwig Mises</a> </p> </div> </section> </div> </section> <aside class="print:hidden col-span-full md:col-span-4 flex flex-col gap-4" role="complementary"> <div id="block-mises-mises-author-related-content" data-component-id="mises:block-author-related-content" class="bg-misesGreyBlue/[.45]"> <div class="col-span-full flex justify-start gap-2 border-b border-b-misesGreyLight p-4"> <div class="font-crimson text-2xl font-normal leading-7">Ludwig von Mises</div> </div> <div class="sidebar-menu"> <div class="views-element-container"><div class="view view-author-content view-id-author_content view-display-id-author_articles js-view-dom-id-e9c7826b4759904bf9e45d905d2526f2fbed9bf36ddef06307daafff10167db9"> <div class="view-content"> <ul> <li class="menu__item menu__item--link menu__item--level-1 menu__item--has-children"> <div class="menu__link-wrapper"> <button class="menu__link menu__link--button menu__link--level-1 menu__link--has-children menu__link-icon-button" type="button"> <span>Articles</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" fill="currentColor"> <path d="M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z"/></svg> </span> </button> </div> <ul> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/mises-daily/la-peculiar-y-unica-posicion-de-la-economia" hreflang="es">La peculiar y única posición de la economía</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/mises-daily/salarios-desempleo-e-inflacion" hreflang="es">Salarios, desempleo e inflación</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/liberalismo-en-la-tradicion-clasica" hreflang="es">Liberalismo: en la tradición clásica</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/la-mentalidad-anticapitalista" hreflang="es">La mentalidad anticapitalista</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/lucro-y-perdida" hreflang="es">Lucro y pérdida</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/escenario-historico-de-la-escuela-austriaca-de-economia" hreflang="es">Escenario histórico de la escuela austriaca de economía</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/mises-daily/el-principio-del-individualismo-metodologico" hreflang="es">El principio del individualismo metodológico</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/mises-daily/el-mercado-parte-2" hreflang="es">El mercado, parte 2</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/mises-daily/el-mercado-parte-1" hreflang="es">El mercado, parte 1</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/mises-daily/la-nacionalizacion-del-credito" hreflang="es">¿La nacionalización del crédito?</a></span></div></div> </div> </li> <li> <div class="menu__link-wrapper"> <div class="menu__link"> <a href="/search?f[0]=authors:Ludwig von Mises&f[1]=content_type:article">See all articles by Ludwig von Mises</a> </div> </div> </li> </ul> </li> </ul> </div> </div> </div> </div> <div class="sidebar-menu"> <div class="views-element-container"><div class="view view-author-content view-id-author_content view-display-id-author_publications js-view-dom-id-265ccabc895f602d169e85d519320ca3b59aa6fe265f78f342e11b3d2a3d2a34"> <div class="view-content"> <ul> <li class="menu__item menu__item--link menu__item--level-1 menu__item--has-children"> <div class="menu__link-wrapper"> <button class="menu__link menu__link--button menu__link--level-1 menu__link--has-children menu__link-icon-button" type="button"> <span>Publications</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" fill="currentColor"> <path d="M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z"/></svg> </span> </button> </div> <ul> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/library/book/liberalismo-en-la-tradicion-clasica" hreflang="es">Liberalismo: en la tradición clásica</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/library/book/la-mentalidad-anticapitalista" hreflang="es">La mentalidad anticapitalista</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/library/book/lucro-y-perdida" hreflang="es">Lucro y pérdida</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/library/book/escenario-historico-de-la-escuela-austriaca-de-economia" hreflang="es">Escenario histórico de la escuela austriaca de economía</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/library/book/caos-planificado" hreflang="es">Caos planificado</a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/library/book/el-medio-del-camino-conduce-al-socialismo" hreflang="es">El medio del camino conduce al socialismo </a></span></div></div> </div> </li> <li class="views-row"> <div class="menu__link-wrapper"> <div class="menu__link"><div class="views-field views-field-title"><span class="field-content"><a href="/es/library/book/valoracion-sin-calculo" hreflang="es">Valoración sin cálculo</a></span></div></div> </div> </li> </ul> </li> </ul> </div> </div> </div> </div> </div> </aside> </section> </main> <div class="print:hidden"> <div id="block-mises-supportmisesbottom"> <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> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_650w/s3/images/2024-04/Mises-Institute_Sign_20240418.jpg.webp?itok=_yN9d85Q 650w,https://cdn.mises.org/styles/responsive_870w/s3/images/2024-04/Mises-Institute_Sign_20240418.jpg.webp?itok=4mMxN_Nl 870w,https://cdn.mises.org/styles/responsive_1090w/s3/images/2024-04/Mises-Institute_Sign_20240418.jpg.webp?itok=6MtQxVYY 1090w,https://cdn.mises.org/styles/responsive_1310w/s3/images/2024-04/Mises-Institute_Sign_20240418.jpg.webp?itok=GcnJ_GBM 1310w,https://cdn.mises.org/styles/responsive_1530w/s3/images/2024-04/Mises-Institute_Sign_20240418.jpg.webp?itok=iB7UWEt8 1530w" loading="lazy" alt="Mises Institute" width="1920" height="1280" data-multiplier="1x" data-lqp="1" /> </div> </div> </div> </section> </div> </div> <footer role="contentinfo" class="print:hidden"> <section class="print:hidden block-footer bg-misesGreyDark text-white" data-component-id="mises:block-footer"> <div class="block-footer__container container py-12 grid grid-cols-1 grid-rows-1 gap-10 md:grid-cols-2 lg:grid-cols-4"> <div class="block-footer__column"> <div class="font-crimson text-misesGreenerDarkBackgrounds text-2xl"> Browse Library </div> <ul> <li> <a href="/es/profile/ludwig-von-mises" class="text-white hover:underline focus:underline py-1 block is-active" data-drupal-link-system-path="node/68281" aria-current="page">¿Quién es Ludwig von Mises?</a> </li> <li> <a href="/qu%C3%A9-es-la-econom%C3%ADa-austriaca" class="text-white hover:underline focus:underline py-1 block">¿Qué es la Escuela Austriaca de Economía?</a> </li> <li> <a href="https://qjae.scholasticahq.com/" class="text-white hover:underline focus:underline py-1 block">Revista Trimestral de Economía Austriaca</a> </li> <li> <a href="https://jls.scholasticahq.com/" class="text-white hover:underline focus:underline py-1 block">Revista de Estudios Libertarios</a> </li> <li> <a href="/es/wire" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="wire">Hilo Mises</a> </li> <li> <a href="/es/podcasts/human-action-podcast" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="node/127168">Pódcast de la Acción Humana</a> </li> </ul> </div> <div class="block-footer__column"> <div class="font-crimson text-misesGreenerDarkBackgrounds text-2xl"> About the Mises Institute </div> <ul> <li> <a href="/es/about-mises/fellowships" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="node/129373"> Beca en Residencia</a> </li> <li> <a href="/que-es-el-instituto-mises" class="text-white hover:underline focus:underline py-1 block">¿Qué es el Instituto Mises?</a> </li> <li> <a href="/es/map-and-directions-mises-institute" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="node/129374">Indicaciones para Llegar al Instituto</a> </li> <li> <a href="https://mises.org/giving/membership" class="text-white hover:underline focus:underline py-1 block">Conviértete en Miembro</a> </li> <li> <a href="/es/events" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="events">Eventos Mises</a> </li> <li> <a href="https://store.mises.org/" class="text-white hover:underline focus:underline py-1 block">Librería Mises</a> </li> <li> <a href="/es/board-and-finance" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="node/129375">Finanzas y Junta</a> </li> <li> <a href="/es/subscribe-newsletter" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="subscribe-newsletter">Suscríbete a Listas de Correo Electrónico</a> </li> <li> <a href="/es/node/130734" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="node/130734">Apoya a Mises</a> </li> <li> <a href="/declaracion-de-privacidad" class="text-white hover:underline focus:underline py-1 block">Declaración de Privacidad</a> </li> <li> <a href="/es/contact-us" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="webform/webform_49328">Contáctenos</a> </li> <li> <a href="/es/faculty-staff" class="text-white hover:underline focus:underline py-1 block" data-drupal-link-system-path="faculty-staff">Personal de la facultad</a> </li> </ul> </div> <div class="block-footer__column"> <div class="flex flex-col gap-3" data-component-id="mises:element-footer-contact"> <div class="font-crimson text-misesGreenerDarkBackgrounds text-2xl"> Contact Us </div> <address class="not-italic flex flex-col gap-3"> <span>Mises Institute</span> <span>518 West Magnolia Avenue</span> <span>Auburn, Alabama 36832-4501</span> </address> <div> <span>Phone:</span> <a href="tel:1-334-321-2100" class="text-white underline hover:no-underline inline-block">334.321.2100</a> </div> <div> <span>Fax:</span> 334.321.2119 </div> <a href="/contact-us" class="text-white underline hover:no-underline inline-block">Email Us</a> <a href="/about-mises/subscribe" class="text-white underline hover:no-underline inline-block">Join our Mailing List</a> <div class="flex justify-start flex-col mt-3"> <div class="flex flex-row flex-wrap justify-start items-center gap-4" data-component-id="mises:element-social-icons"> <a class="social-link-icon" href="https://www.facebook.com/institutomises" target="_blank"> <span class="sr-only">Mises Facebook</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M18 2H15C13.6739 2 12.4021 2.52678 11.4645 3.46447C10.5268 4.40215 10 5.67392 10 7V10H7V14H10V22H14V14H17L18 10H14V7C14 6.73478 14.1054 6.48043 14.2929 6.29289C14.4804 6.10536 14.7348 6 15 6H18V2Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon" href="https://twitter.com/institutomises" target="_blank"> <span class="sr-only">Mises X</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="currentColor" viewBox="0 0 16 16"> <path d="M12.6.75h2.454l-5.36 6.142L16 15.25h-4.937l-3.867-5.07-4.425 5.07H.316l5.733-6.57L0 .75h5.063l3.495 4.633L12.601.75Zm-.86 13.028h1.36L4.323 2.145H2.865l8.875 11.633Z"/> </svg> </span> </a> <a class="social-link-icon" href="https://instagram.com/misesinstitute" target="_blank"> <span class="sr-only">Mises Instagram</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M17 2H7C4.23858 2 2 4.23858 2 7V17C2 19.7614 4.23858 22 7 22H17C19.7614 22 22 19.7614 22 17V7C22 4.23858 19.7614 2 17 2Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M16 11.3698C16.1234 12.2021 15.9813 13.052 15.5938 13.7988C15.2063 14.5456 14.5932 15.1512 13.8416 15.5295C13.0901 15.9077 12.2385 16.0394 11.4078 15.9057C10.5771 15.7721 9.80977 15.3799 9.21485 14.785C8.61993 14.1901 8.22774 13.4227 8.09408 12.592C7.96042 11.7614 8.09208 10.9097 8.47034 10.1582C8.8486 9.40667 9.4542 8.79355 10.201 8.40605C10.9478 8.01856 11.7978 7.8764 12.63 7.99981C13.4789 8.1257 14.2649 8.52128 14.8717 9.12812C15.4785 9.73496 15.8741 10.5209 16 11.3698Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M17.5 6.5H17.51" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon" href="https://podcasts.apple.com/us/artist/mises-institute/1280664810" target="_blank"> <span class="sr-only">Mises itunes</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M21.408 10.0081C21.408 4.8241 17.184 0.600098 12 0.600098C6.81598 0.600098 2.59198 4.8241 2.59198 10.0081C2.59198 14.1601 5.27998 17.6641 9.02398 18.9121V20.4481C9.02398 22.0802 10.344 23.4241 12 23.4241C13.6559 23.4241 14.976 22.0801 14.976 20.4241V18.8881C18.696 17.6641 21.408 14.1361 21.408 10.0081ZM13.776 20.4241C13.776 21.4081 12.9839 22.2001 12 22.2001C11.016 22.2001 10.2239 21.4081 10.2239 20.4241V15.1921C10.2239 14.2081 11.016 13.4161 12 13.4161C12.9839 13.4161 13.776 14.2081 13.776 15.1921V20.4241ZM9.79198 10.0081C9.79198 8.78412 10.7999 7.7761 12.024 7.7761C13.248 7.7761 14.256 8.78406 14.256 10.0081C14.256 11.2321 13.248 12.2401 12.024 12.2401C10.7759 12.2161 9.79198 11.2321 9.79198 10.0081ZM13.824 12.8641C14.76 12.2641 15.408 11.2081 15.408 10.0081C15.408 8.13606 13.8719 6.6001 12 6.6001C10.1279 6.6001 8.59196 8.13612 8.59196 10.0081C8.59196 11.2081 9.21594 12.2641 10.1759 12.8641C9.69594 13.2481 9.33594 13.7521 9.16798 14.3521C7.72798 13.416 6.79198 11.8081 6.79198 9.98406C6.79198 7.10406 9.14398 4.75206 12 4.75206C14.88 4.75206 17.232 7.10406 17.232 9.98406C17.232 11.808 16.272 13.4161 14.856 14.3521C14.6639 13.7521 14.3039 13.2481 13.8239 12.8641H13.824ZM14.976 17.6641V15.6481C17.016 14.5681 18.408 12.4561 18.408 10.0081C18.4079 6.4561 15.528 3.6001 12 3.6001C8.47202 3.6001 5.61602 6.4801 5.61602 10.0081C5.61602 12.4561 7.00806 14.5921 9.04802 15.6481V17.6641C5.97602 16.4641 3.79202 13.4881 3.79202 10.0081C3.79202 5.4721 7.46402 1.7761 12 1.7761C16.536 1.7761 20.208 5.4721 20.208 9.9841C20.208 13.4881 18.048 16.4641 14.976 17.6641Z" /> </svg> </span> </a> <a class="social-link-icon" href="https://youtube.com/user/misesmedia" target="_blank" > <span class="sr-only">Mises Youtube</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M22.54 6.42C22.4212 5.94541 22.1793 5.51057 21.8387 5.15941C21.498 4.80824 21.0708 4.55318 20.6 4.42C18.88 4 12 4 12 4C12 4 5.12002 4 3.40002 4.46C2.92927 4.59318 2.502 4.84824 2.16137 5.19941C1.82074 5.55057 1.57881 5.98541 1.46002 6.46C1.14524 8.20556 0.991258 9.97631 1.00002 11.75C0.988802 13.537 1.14279 15.3213 1.46002 17.08C1.59098 17.5398 1.83833 17.9581 2.17817 18.2945C2.518 18.6308 2.93884 18.8738 3.40002 19C5.12002 19.46 12 19.46 12 19.46C12 19.46 18.88 19.46 20.6 19C21.0708 18.8668 21.498 18.6118 21.8387 18.2606C22.1793 17.9094 22.4212 17.4746 22.54 17C22.8524 15.2676 23.0063 13.5103 23 11.75C23.0112 9.96295 22.8573 8.1787 22.54 6.42Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M9.75 15.02L15.5 11.75L9.75 8.47998V15.02Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> <a class="social-link-icon" href="/es/rss.xml" target="_blank"> <span class="sr-only">Mises RSS feed</span> <span class="atom-svg" data-component-id="mises:atom-svg"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" xmlns="http://www.w3.org/2000/svg"> <path d="M4 11C6.38695 11 8.67613 11.9482 10.364 13.636C12.0518 15.3239 13 17.6131 13 20" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M4 4C8.24346 4 12.3131 5.68571 15.3137 8.68629C18.3143 11.6869 20 15.7565 20 20" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> <path d="M5 20C5.55228 20 6 19.5523 6 19C6 18.4477 5.55228 18 5 18C4.44772 18 4 18.4477 4 19C4 19.5523 4.44772 20 5 20Z" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg> </span> </a> </div> </div> </div> </div> <div class="block-footer__column"> <div class="flex flex-col justify-center items-center gap-6 text-center" data-component-id="mises:element-footer-charity"> <qoute class="p-4 bg-[#E0E3E408] font-crimson text-2xl"> Tu ne cede malis, sed contra audentior ito </qoute> <p> Website powered by Mises Institute donors </p> <a href="https://www.charitynavigator.org/ein/521263436" target='_blank'> <img width="235" height="65" src="/themes/custom/mises/components/elements/element-footer-charity/charity-navigator.png" alt="Rated 4 stars in Charity Navigator" loading="lazy" /> </a> <p> Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436 </p> </div> </div> </div> </section> </footer> <div class="pop-up-container print:hidden"> <div id="block-mises-fallcampaign" class="p-4" style="display: none;"> <a href="https://mises.org/fall2024"> <div> <img src="data:image/jpeg;base64,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" data-srcset="https://cdn.mises.org/styles/responsive_16_9_650w/s3/images/2024-09/Splashify_Fall-Campaign_2024.jpg.webp?itok=BR2uaOcs 650w,https://cdn.mises.org/styles/responsive_16_9_870w/s3/images/2024-09/Splashify_Fall-Campaign_2024.jpg.webp?itok=XReCDzmS 870w,https://cdn.mises.org/styles/responsive_16_9_1090w/s3/images/2024-09/Splashify_Fall-Campaign_2024.jpg.webp?itok=I2jBnSUb 1090w,https://cdn.mises.org/styles/responsive_16_9_1310w/s3/images/2024-09/Splashify_Fall-Campaign_2024.jpg.webp?itok=QEM-HnwP 1310w,https://cdn.mises.org/styles/responsive_16_9_1530w/s3/images/2024-09/Splashify_Fall-Campaign_2024.jpg.webp?itok=fNPt3mc_ 1530w" loading="lazy" alt="Support Mises!" width="650" height="365" data-multiplier="1x" data-lqp="1" data-ratio="16:9" /> </div> </a> </div> </div> </div> </div> </div> <script> window.setTimeout(function() { !function(c,h,i,m,p){m=c.createElement(h),p=c.getElementsByTagName(h)[0],m.async=1,m.src=i,p.parentNode.insertBefore(m,p)}(document,"script","https://chimpstatic.com/mcjs-connected/js/users/bf16b152ccc444bdbbcc229e4/c8c0fca67e3d9a33203f7e01e.js"); window.document.dispatchEvent(new Event("DOMContentLoaded", { bubbles: true, cancelable: true })); }, 3000 ); </script> <script type="application/json" data-drupal-selector="drupal-settings-json">{"path":{"baseUrl":"\/","pathPrefix":"es\/","currentPath":"node\/68281","currentPathIsAdmin":false,"isFront":false,"currentLanguage":"es"},"pluralDelimiter":"\u0003","suppressDeprecationErrors":true,"simple_popup_blocks":{"settings":[]},"user":{"uid":0,"permissionsHash":"912ef8c2341987c61ce627c9864a70f40fa57bf56b43b64a195a87acf2e98846"}}</script> <script src="/sites/default/files/js/js_3MC_1CqmohZHMbd8HvSlj9l8mM0VRBQZdjC4Y8HMUFY.js?scope=footer&delta=0&language=es&theme=mises&include=eJx9jkEOwjAMBD-UkCdFbrKiEU1s2W6hvJ6IawXX2RlprXXZkIVll7xsXB6W7MrC0fC0XMkp4yWsni4kgOzMChMe1g7k1ukOS5O0NzQUVqTCfc4YbrfeDBYjOfe4cD1jYTl_Wd8bkXZfWaNiI0edwfAp_W9WUIV-AE5YW1E"></script> </body> </html>