The Austrian tradition began formally with Carl Menger’s 1871 work, Principles of Economics . But its roots stretch back to the late-Scholastic period, when philosophers first began to think systematically about the relationship between human choice and material resources. This collection presents ideas from the full sweep of this intellectual
Investor’s Business Daily April 16, 1999 Why the Worst Get On Top When ‘’The Road To Serfdom’’ was published, smart people turned up their noses at the groundbreaking free-market book. In Great Britain - where the book’s author, economist F.A. Hayek lived - the Labor Party was in ascendancy. The U.S. was still swooning over the New Deal. Most
Professor Herbener of Grove City College has examined all available archives to sort out the complex history of Ludwig von Mises’s masterwork. As a contributor to the introduction to Human Action: The Scholar’s Edition , here is his fascinating story of how this book came to be. Human Action : What the Archives Tell Us The disappointment Mises
The Mises Institute mourns the passing of JoAnn Rothbard, Murray Rothbard’s wife and collaborator of 42 years, who died at 12:45am, October 29, 1999. She was born JoAnn Beatrice Schumacher, September 17, 1928, in Harvey, Illinois, and raised in Southern Virginia. She married Murray on January 16, 1953, in New York City. She graduated Summa Cum
15 Great Austrian Economists , a new book edited by Professor Randall Holcombe and published by the Mises Institute, has arrived and is ready for shipping. You can order this book here This collection presents ideas from the full sweep of intellectual history, highlighting 15 thinkers who made the greatest contribution to advancing the Austrian
The Washington Times July 19, 1999 While Beethoven is widely hailed for his symphonic efforts, the writings and career of his Germanic kinsman, Ludwig von Mises (1881-1973), have never received similar exposure and status–despite the latter’s groundbreaking achievements in economic science. While the names of Marx, Keynes, Samuelson, Friedman,
The Wall Street Journal seems to have confused two categories in listing the top ten economists of the millennium: the “best and the brightest” and those who “made a difference.” The problem is that these are not the same individuals. While the Austrians are not entirely excluded from the list below, the Keynesians, positivists, and socialists
At the end of the century, a great struggle is taking place concerning who should and who should not be considered an intellectual hero. The partisans of government have offered up the usual litany of names, including the most statist (and destructive) of intellectuals and political figures. But this century, more than any other in history, has
The Free Market 17, no. 3 (March 1999) In this year of Millennium Lists (”Best Ten Songs of the Millennium,” etc.), the Wall Street Journal tried its hand at the ten economists--whom it called the “best and brightest”--who have “made a difference” in the last thousand years. Of course, the big problem in twentieth-century intellectual history is
The Free Market 17, no. 10 (October 1999) This year marks the 250th birthday of Johann Wolfgang von Goethe, the greatest of all German writers and poets and one of the giants of world literature. In his political outlook, he was also a thorough-going classical liberal, arguing that free trade and free cultural exchange are the keys to authentic
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.