Mises Wire

Funny Attack on Mises

Funny Attack on Mises
I usually ignore attacks on Mises from low-traffic web sites (and it's a little old), but this one is just too inane to ignore. At IFA Magazine, which bills itself a magazine for "today's discerning financial and investment professional," there's a small attack piece on Mises which would be funny if I didn't know that some people might actually believe the stuff repeated here. This sentence tells you all you need to know:
Philosopher, economist, sociologist, classical liberal and founder of the Austrian School which later produced Friedrich Hayek, the ‘father of monetarism’.
Actually, I'm not entirely sure that first sentence is in fact a sentence.  But whatever. The important thing here is that I just learned from the sentence fragment that Hayek is the "father of monetarism." Fascinating. For a good time, read the rest of this devastating attack at the heart of Austrian economics, which also asserts that Mises was wrong about economic calculation and Soviet-style socialism.
All Rights Reserved ©
Support Liberty

The Mises Institute exists solely on voluntary contributions from readers like you. Support our students and faculty in their work for Austrian economics, freedom, and peace.

Donate today
Group photo of Mises staff and fellows