Mises Wire

Austrian Economics and the Political Economy of Freedom

Austrian Economics and the Political Economy of Freedom

From my Mises lecture at the 2004 Austrian Scholars Conference: It is no wonder that so many of freedom’s friends have been influenced by the Austrian economists. In the last 100 years, they have been the true political economists of liberty. The Austrian school of economics has enriched our understanding of the market economy and advanced the cause of freedom in our time.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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