Mises Institute

Founding Date

The Mises Institute is the world’s largest, oldest, and most influential nonprofit educational institution devoted to promoting the Austrian School of Economics, freedom, and peace in the tradition of classical liberalism. The Institute serves as the world's leading provider of educational materials, conferences, media, and literature in support of the tradition of thought represented by Ludwig von Mises and Murray N. Rothbard. Their scholarly work is founded in Misesian praxeology, and in self-conscious opposition to the mathematical modeling and hypothesis-testing that has created so much confusion in neoclassical economics. The Institute offers an online graduate degree program, fellowships, research grants, opportunities to publish in scholarly journals, academic conferences, access to our extensive libraries, and more.


  • Since 1982, Mises Institute has become the world's leading supporter of the ideas of liberty and the Austrian School of economics

  • The Institute works to advance the Austrian school of economics and the Misesian tradition, and defends the market economy, private property, sound money, and peaceful international relations, while opposing state intervention.

  • Non-political, non-partisan, and non-PC, the Institute works with students and scholars from many countries, and reaches out to business leaders, professionals, and everyone else interested in our mission.


  • The Austrian School of Economics promotes an economic and social thinking that is not trapped in unrealistic, mostly mathematical models.

  • It does not see the economy as an object of state political regulation and central, almost engineering-like control. 

  • Rather, its analysis focuses on autonomous entrepreneurial action and the free interaction of individuals in the marketplace.

  • The basic, generally understandable insights of the Austrian School of Economics provide citizens with the necessary knowledge to recognize the political seductions that threaten freedom and prosperity, and motivate them to develop independent entrepreneurial initiative in all areas of society.

  • Other than Carl Menger, the Austrian school also includes names like Ludwig von Mises, Eugen von Bohm-Bawerk, and Friedrich Hayek.

  • Today, the school is especially influential in the English-speaking world (“Austrian Economics”), but is gaining increasing influence in Europe as well.