The Mises Institute, short name for Ludwig von Mises Institute for Austrian Economics, is a tax-exempt educational organization located in Auburn, Alabama. It is named after Austrian School economist Ludwig von Mises (1881–1973). Its website states that it is exists 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."
The Mises Institute was founded in 1982 by Llewellyn H. Rockwell Jr., Burton Blumert and Murray Rothbard, following a split between the Cato Institute and Rothbard, who had been one of the founders of the Cato Institute. Additional backing for the founding of the Institute came from Mises's wife, Margit von Mises, Henry Hazlitt, Lawrence Fertig and Friedrich Hayek. Through its publications, the Institute promotes right-libertarian and anarcho-capitalist political theory and a form of heterodox economics known as praxeology ("the logic of action").
This article uses material from the Wikipedia article "Mises Institute" as of 12 Jul 2018, which is released under the Creative Commons Attribution-Share-Alike License 3.0.