Mission:
The Mises Institute 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. Founded in 1982 by Llewellyn H. Rockwell, Jr. with the blessing and aid of Margit von Mises, Murray N. Rothbard, Henry Hazlitt, and Ron Paul, the Institute seeks a free-market capitalist economy and a private property order that rejects taxation, monetary debasement, and a coercive state monopoly of protective services.
Principles:
Mises and Rothbard developed praxeology, a deductive science of human action based on premises known with certainty to be true, and this is what They teach and advocate. Their scholarly work is founded in Misesian praxeology, and in self-conscious opposition to the mathematical modeling and hypothesistesting that has created so much confusion in neoclassical economics.