The Mises Institute was founded in 1982 by Lew Rockwell, who was chief of staff to Texas Republican Congressman Ron Paul; previously Rockwell had been editor for the conservative Arlington House Publishers and had worked for the radical-right[according to whom?]John Birch Society and the traditionalist Hillsdale College.[12][11] Rockwell received the blessing of Margit von Mises during a meeting at the Russian Tea Room in New York City, and she was named the first chairman of the board.[8] According to Rockwell, the institute was meant to promote the contributions of Ludwig von Mises, who he feared was being ignored by libertarian institutions financed by Charles Koch and David Koch. As recounted by Justin Raimondo, Rockwell said he received a phone call from George Pearson, of the Koch Foundation, who had said that Mises was too radical to name an organization after or promote.[13]
The original academic vice president of the Mises Institute was Murray Rothbard, an influential right-wing libertarian activist and writer who had studied under Ludwig von Mises; Rothbard was a leading figure in the development of anarcho-capitalism and had also been a Cato Institute co-founder.[14][15] Ron Paul, the Texas Republican congressman who would later run for president of the United States, was named a distinguished counselor[16] and assisted with early fundraising.[10] A timber company owner also contributed funds.[8]
Judge John V. Denson assisted in the Mises Institute becoming established at the campus of Auburn University.[17] Auburn was already home to some Austrian economists, including Roger Garrison. The Mises Institute was affiliated with the Auburn University Business School until 1998 when the institute established its own building across the street from campus.[18][non-primary source needed]
The Mises Institute aligned itself with what Rothbard called the Old Right, with "a defense of the gold standard, military isolationism, and 'traditional morality' and opposition to fiat money, supranational institutions, and 'forced integration'", according to academics Niklas Olsen and Quinn Slobodian.[4] It started the Review of Austrian Economics in 1986.[3]
In a 2000 report, the Southern Poverty Law Center (SPLC) said that the Mises Institute had shown "recent interest in neo-Confederate themes" and that Rockwell, the institute's founder, had "argued that the Civil War 'transformed the American regime from a federalist system based on freedom to a centralized state that circumscribed liberty in the name of public order.'"[25]
Kyle Wingfield wrote a 2006 commentary in The Wall Street Journal that the Southern United States was a "natural home" for the institute, as "Southerners have always been distrustful of government," with the institute making the "Heart of Dixie a wellspring of sensible economic thinking."[26]
By 2011, The Economist said, the Austrian School economics championed by the Mises Institute had "won few mainstream converts". But it noted the think tank's growing presence on the internet as well as its facilities in Auburn including an amphitheater, conservatory, recording studio and library.[8]
The political scientist George Hawley described the Mises Institute in 2016 as "the intellectual epicenter of the radical libertarian movement in the United States".[3] As of 2022, about 30 Mises Institutes had been created worldwide; some had died off but others, especially Brazil's, had gained influence.[27]
The institute describes its mission as to "promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard."[28]
Its academic programs include Mises University (non-accredited), Rothbard Graduate Seminar, the Austrian Economics Research Conference, and a summer research fellowship program. In 2020, the Mises Institute began offering a graduate program.[29] It publishes the Journal of Libertarian Studies, which it took over in 2000 from the Center for Libertarian Studies.[30]
The German Mises Institute (Ludwig von Mises Institut Deutschland e.V.) is a 2012 founded interest group and think tank of libertarian gold traders and investment advisors, which were associated with Swiss-based German billionaire August von Finck (1930–2021). Many gold dealers from the von Finck company Degussa Goldhandel are active on the board of the institute; they reject intergovernmental fiscal policy and promote gold as a "safe currency".[citation needed] Von Finck was active in economic policy and criticized the EU.[31] He assumed the costs for expert opinions from prominent professors, such as Hans-Werner Sinn, with whose help the lawyer and politician Peter Gauweiler (CSU) took action at the German Federal Constitutional Court against the rescue packages for Greece and the Euro.[citation needed]
Political and economic views
The Mises Institute describes itself as libertarian, and as promoting the Austrian School of economics.[32] In 2003, Chip Berlet of the SPLC described it as "a major center promoting libertarian political theory and the Austrian School of free market economics", while also assessing that it favors a "Darwinian view of society in which elites are seen as natural and any intervention by the government on behalf of social justice is destructive".[33]
Joseph T. Salerno – academic vice president of the Mises Institute, Professor of Economics at Pace University, and editor of the Quarterly Journal of Austrian Economics[45]
Thomas Woods – historian, political commentator, and author
^ abcTanenhaus, Sam; Rutenberg, Jim (January 25, 2014). "Rand Paul's Mixed Inheritance". New York Times. Archived from the original on November 12, 2020. Retrieved February 20, 2014.
^ abLee, Frederic S.; Cronin, Bruce C.; McConnell, Scott; Dean, Erik (2010). "Research Quality Rankings of Heterodox Economic Journals in a Contested Discipline". American Journal of Economics and Sociology. 69 (5): 1409–1452. doi:10.1111/j.1536-7150.2010.00751.x. S2CID145069581.
^ abDoherty, Brian (2009). Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement. United States: PublicAffairs. ISBN9780786731886.
^ abDallek, Matthew (2023). Birchers: How the John Birch Society Radicalized the American Right. United States: Basic Books. Rockwell founded the Ludwig von Mises Institute, where he and libertarian economist Murray Rothbard promoted neo-Confederacy views and the Austrian school of economics that called for the dismantling of state intervention in market economies.
^Raimondo, Justin (2000). Enemy of the State: The Biography of Murray Rothbard. Prometheus.
^"Michael Levin". Southern Poverty Law Center. Archived from the original on August 6, 2016. Retrieved April 9, 2022.
^Sebesta, Edward H.; Hague, Euan; Beirich, Heidi, eds. (2009). Neo-Confederacy: A Critical Introduction. United States: University of Texas Press. pp. 33–34.
^Lee, Michael J.; Atchison, R. Jarrod. (2022). We are Not One People: Secession and Separatism in American Politics Since 1776. United States: Oxford University Press. pp. 58–60.
