ABSTRACT : This article discusses the influence of the initiation of the Second Socialist Calculation Debate on my own subsequent research and contributions to that debate, and briefly summarizes that research presented in articles on arguments made by Plato, Karl Marx, Friedrich von Wieser, Friedrich Hayek, Lionel Robbins, Joseph Schumpeter,
How Economics Professors Can Stop Failing Us Steven Payson Lanham, MD: Lexington Books, 2017, xiii + 372 pp . Steven Payson, the author of this provocatively title book, is a former career federal government economist who has the temerity to argue that economics could be a useful science if mainstream academic economist theoreticians would simply
Volume 6, No. 1 (Spring 2003) Every economist who regards himself or herself as a free-market theorist and advocate should acquire, read, and retain this paean to planning and interventionism as a valuable reference—especially if he or she is also a political libertarian. There are four good reasons: (1) it names names and carefully chronicles
Volume 6, No. 2 (Summer 2003) In light of the argument presented in the present paper, it is difficult to avoid the speculation that the main argument that Hayek either half accepted or regarded as exaggerated and one-sided—at least until 1945—was, in fact, the argument that economic calculation is not possible under socialism because, either
Volume 12, Number 4 (2009) So, what is “the enduring significance of Robbins” — the title of this article. For me, it is the stimulus given by Robbins’s Essay for reflection on the uniqueness of the Misesian conception of our subject. Only then can one see its resultant immunity from the critical brickbats hurled Robbins’s way since 1932.
Volume 16, No. 4 (Winter 2013) ABSTRACT : This paper summarizes and compares the theories of entrepreneurship of Joseph A. Schumpeter and Israel M. Kirzner as presented in their major scholarly contributions to economic analysis. It is argued that Kirzner’s theory of entrepreneurial action as “the driving force of the market” contributes greatly
Volume 11, No. 1 (2008) The author wishes to convince the intelligent general public that contemporary neoclassical economics is not only virile, rather than sterile, but is of crucial importance for public policy. Her book seeks to change the non-economist professional’s belief that “economics is too narrow in its focus, caring only about
The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas Janek Wasserman New Haven, Conn.: Yale University Press, 2019, xiii + 354 pp. Samuel Bostaph (bostaph@udallas.edu) is emeritus professor of economics at the University of Dallas. Before I had read less than a hundred pages of this book, I surmised that the author was not
RESUMEN : Este artículo analiza la influencia de la iniciación del Segundo Debate sobre el Cálculo Socialista en mi propia investigación posterior y las contribuciones a ese debate, y resume brevemente la investigación presentada en artículos sobre argumentos de Platón, Karl Marx, Friedrich von Wieser, Friedrich Hayek, Lionel Robbins, Joseph
[ Quarterly Journal of Austrian Economics 21, nº 1 (Primavera de 2018): pp. 79-86] [ How Economics Professors Can Stop Failing Us · Steven Payson · Lanham, MD: Lexington Books, 2017 · xiii + 372 páginas] Steven Payson, el autor de este libro con título provocativo [ Cómo pueden dejar de fallarnos los profesores de economía ], es una execonomista
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.