The Mises University is the world's leading instructional program in the Austrian School of economics. Since 1986, it has been the essential training ground for economists who are looking beyond the mainstream.

Rooted in the tradition of Carl Menger and Ludwig von Mises, as well as Murray Rothbard and F.A. Hayek, the Austrian School offers a rigorous and logical approach to economics that gives free markets their due and takes full account of the reality of human choice. More than a field within economics, the Austrian School is an entirely different approach that dissents from the mainstream on method, theory, and policy. It views economic actors as unique, conscious, and freely choosing individuals, not as undifferentiated data to be manipulated mathematically or politically.

Recorded at the Mises Institute in Auburn, Alabama, 24-30 July 2016.

Mises University 2016

President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.

Read the article here: https://mises.org/mises-wire/bringing-war-terror-our-southern-border-can-only-end-disaster

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

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Bringing the War on Terror to Our Southern Border Can Only End in Disaster

Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this has anything to do with defending the United States. 

Register for Our Enemy The Bureaucracy now at https://Mises.org/Phoenix25.

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Register for Our Enemy The Bureaucracy now at https://Mises.org/Phoenix25.

Register for our Revisionist History of War Conference now at https://mises.org/rhw

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug 
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Trump Wants Even More Military Spending

In this episode, Mark Thornton explores the looming threat of hyperinflation in the US. With the national debt soaring past $33 trillion and future obligations exceeding $100 trillion, can America avoid a financial crisis where prices skyrocket out of control?

Mark examines historical hyperinflations in leading economies like France and Germany, and how excessive government spending and debt played a role. Drawing on the insights of Ludwig von Mises, Mark dissects the three phases of inflation and what happens when the public loses faith in holding money.

Is hyperinflation merely an accounting problem, or does it portend economic ruin and societal breakdown? Tune in to find out, and to explore the potential consequences for our future.

Additional Resources
“Hyperinflation, Money Demand, and the Crack-Up Boom” by Thorsten Polleit: https://mises.org/MI_116_A

“Hyperinflation and the Destruction of Human Personality” by Joseph T. Salerno: https://mises.org/MI_116_B

Further Readings on Hyperinflation (Oxford University Mises Society): https://mises.org/MI_116_C

Economic Policy: Thoughts for Today and Tomorrow by Ludwig von Mises: https://mises.org/MI_116_D

The Theory of Money and Credit by Ludwig von Mises: https://mises.org/MI_116_E

Join us May 15-17, 2025, at the Mises Institute for our Revisionist History of War Conference. This is our first history conference in almost 30 years. For more details and to register, visit https://Mises.org/rhw.

Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Prospects for Hyperinflation

President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?

Read the article here: https://mises.org/mises-wire/stop-all-federal-funding-universities

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Stop All Federal Funding of Universities

James Bovard joins host Ryan McMaken to talk about how the White House went from targeting illegal aliens to seizing legal residents guilty of the "crime" of criticizing the government of the State of Israel. Do non-citizens have due-process rights? The Founding Fathers thought so.

Register for our Revisionist History of War Conference now at https://mises.org/rhw

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Why Did Trump Arrest a Student for Writing an Op-Ed?

Trump has tried to claim that he favors "Main Street over Wall Street." Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself squarely in the camp of “Wall Street over Main Street.”

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Trump's Monetary Policy Favors the Wealthy over Ordinary People

The first 100 days of the second Trump administration have made it clear that those who want the foreign policy status quo to continue are serious about doing what it takes to accomplish their goals, while those who want to change it are not.

Read the article here: https://mises.org/mises-wire/trump-administration-not-serious-about-ending-endless-wars

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

Be sure to follow the Guns and Butter podcast at Mises.org/GB

The Trump Administration Is Not Serious About Ending Endless Wars

Historian Chris Calton joins Ryan McMaken to discuss both the upsides and the downsides of Trump’s first 100 days. 

Register for our Revisionist History of War Conference now at https://mises.org/rhw

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

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Trump’s First 100 Days: The Good and the Bad

Is President Trump right about interest rates? Is Fed Chairman Jay Powell making a mistake? Forget the mainstream media talking points. Mark Thornton cuts through the noise to explore the real economic threats facing America. 

In this episode, Mark dissects how the Fed's monetary policies, not just Trump's tariffs, have created a dangerous Austrian Business Cycle time bomb. Will Powell's rate cuts save the day, or is a recession inevitable? Mark examines key sectors of the S&P 500 to reveal the truth and predict what's coming next.

Join us May 15-17, 2025, at the Mises Institute in Auburn, Alabama, for our Revisionist History of War Conference. This is our first history conference in almost thirty years. For more details and to register, visit https://Mises.org/rhw.

Be sure to follow Minor Issues at Mises.org/MinorIssues

Powell, Trump, and the Austrian Business Cycle Time Bomb

If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool. 

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Want to Pay Down the National Debt? First, Cut Federal Spending

Mises University is the world's leading instructional program in the Austrian School of economics. Since 1986, it has been the essential training ground for economists who are looking beyond the mainstream.

Recorded at the Mises Institute in Auburn, Alabama, 24-30 July 2016.

Money | Lucas M. Engelhardt

The Division of Labor and Social Order | Jeffrey M. Herbener

Praxeology: The Method of Economics | David Gordon

Subjective Value and Market Prices | David Howden

The Birth of the Austrian School | Joseph T. Salerno

Down with "Leadership": Against the Election | Thomas E. Woods, Jr.

The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.

Money | Lucas M. Engelhardt

Mises Institute

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