According to the Ludwig von Mises Institute’s 2012 IRS 501(c)(3) tax-exempt filing, it reported a total of $22,268,915 in assets.
We see then, how the promotion of Austrian economics is big business, and why its associates and founder, Lew Rockwell, are limited in what positions they will take on certain issues.
For example, Lew Rockwell and Tom Woods, if they even bother addressing it, still promote the official government conspiracy theory that 19 Arab-Muslim hijackers pulled off 9/11, despite the evidence put forward by some brave, but few, true anarcho-capitalists like Nathan Fraser of Live Free FM, or Onebornfree.
It is for this reason that Anthony Migchels, a true monetary reformer, pointed out that the Truth Movement was co-opted by the End the Fed movement, led prominently by Austrian School supporters, and that Tom Woods, specifically, has been at the forefront, in claiming to be anti-government, yet steering clear of truly controversial issues that would affect their lucrative business operations.
For those who still don’t realize the significance of an organization whose ideology is anti-government specifically seeking government recognition and regulation, let me explain it.
It’s not, as someone said in another thread, comparable to an individual American doing anything he or she can to reduce his/her taxes.
Unlike the Mises Institute, the average American taxpayer is being directly taxed whether they consent or not.
The Mises Institute, on the other hand, specifically entered into a voluntary agreement with the very government its founder said is “far worse than the mafia”.
Another excuse is the red herring of which of us hasn’t taken government services, which again, fails to recognize the distinction between the acceptance of goods and services provided by force and coercion, and voluntarily entering into a legally-binding contract with government, thereby accepting its authority.
Yet, I expect most defenders of the Mises Institute not to see any problems with this, which is a reason why the Austrian School will continue to serve as controlled opposition.