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Home | Events | Austrian School of Economics: Revisionist History and Contemporary Theory. A Seminar with Joseph Salerno

Austrian School of Economics: Revisionist History and Contemporary Theory. A Seminar with Joseph Salerno

Austrian School of Economics Salerno

June 6, 2005 - 7:45 AM to June 10, 2005 - 7:45 AMAuburn, Alabama

Tags Big GovernmentGold StandardHistory of the Austrian School of EconomicsOther Schools of Thought

  

Joseph Salerno, professor of economics at Pace University, is a leading figure in today’s growing Austrian School. He has been a pioneer in many fields, including monetary theory, comparative systems, the history of thought, and the economics of war. After the death of Murray N. Rothbard in 1995, Salerno assumed the editorship of the Review of Austrian Economics, together with Hans-Hermann Hoppe and Walter Block. He is now editor of its successor and current flagship scholarly journal, The Quarterly Journal of Austrian Economics.

The seminar will consist of two primary lectures per day for five days, June 6-June 10, 2005, and discussion time with the professor.

Schedule (Central Time Zone)

Monday-Friday
  • 9:30 a.m. - Shuttle departs Commons Dorm and AU Hotel for Mises Institute
  • 10:00 - 11:30 a.m. - Lecture
  • Noon - Lunch
  • 2:00 - 3:30 p.m. - Lecture
  • 4:30 p.m. - Shuttle departs Institute for dorm and AU Hotel
  • On Friday there will be a closing pizza party at 5:00 p.m. with shuttle departing at 6:00 p.m.

Lecture Topics:

  1. Forerunners of the Austrian School: The French Liberal School
  2. The Origin and Decline of the Austrian School: Menger, Böhm-Bawerk, and Wieser
  3. The Revival of the Austrian School: Mises and Rothbard
  4. The Theory of Monopoly Price: From Menger to Rothbard
  5. Modern Monetary Theory: The Austrian Contribution
  6. Keynes and the “New Economics” of Fascism
  7. Chicago School: Libertarian or Jacobin?
  8. The Debate on the Socialist Calculation Debate 
  9. Money and Gold in the 1920s and 1930s: Defending the Rothbardian Position
  10. The Gold Standard in Theory and Myth

The Seminar is open to full-time students (no charge for qualifying students), faculty, and current Members of the Mises Institute. Registration is $125 for Mises Institute Members and faculty, including daily boxed lunches and refreshment breaks, and the use of Mises Institute research libraries and computers. Dormitory rooms are available for $35 per person per night double-occupancy or $45 per night single-occupancy.

Students may apply for tuition scholarships.

Readings and Preparation

The readings for each lecture are labeled “preparatory,” “core” or “supplemental.” Depending on how well versed the student already is in the history and theory of the Austrian school, he may skip, quickly review, or carefully study the preparatory readings. The lectures will refer to topics covered in the preparatory readings but their main themes will be drawn from the core readings. Some of the issues and arguments in the core reading may be challenging, but difficult points will be addressed and clarified in the lectures and discussion periods. Supplementary readings are intended to permit the interested student to explore additional aspects of the subject and may be read at his discretion.

Austrian School:  The French Liberal School

Preparatory:
Core:

Austrian School: Menger, Böhm-Bawerk, and Wieser

Preparatory:
Core:
Supplemental:

Austrian School: Mises and Rothbard

Preparatory:
Core:

The Theory of Monopoly Price: From Menger to Rothbard

Preparatory:
Core:

Modern Monetary Theory: The Austrian Contribution

Preparatory:
  • Murray N. Rothbard, "Austrian Theory of Money, The" The Foundations of Modern Austrian Economics, Edwin G. Dolan, ed., Kansas City: Sheed and Ward, 1976, pp. 160-184.See also in The Logic of Action One: Method, Money, and the AustrianSchool (Cheltenham, UK: Edward Elgar, 1997), pp. 297-320
  • Murray N. Rothbard,  "Austrian Definitions of the Supply of Money," New Directions in Austrian Economics, edited and with introduction by Louis M. Spadaro. Kansas City: Sheed Andrews and McMeel (1978), pp. 143–56. Also published in The Logic of Action, Vol. I.
Core:

Keynes and the “New Economics” of Fascism

Preparatory:
Core:

Chicago School: Libertarian or Jacobin?

The Debate on the Socialist Calculation Debate

Preparatory:
Core:

Money and Gold in the 1920s and 1930s: Defending the Rothbardian Position

Core:

The Gold Standard in Theory and Myth

Preparatory:
Core:
Supplemental

 

  

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Publicity Waiver: Registering for this event gives the Mises Institute permission to take photos of attendees and use the photos for fundraising purposes. By this authorization, attendees understand and agree that no participant shall receive renumeration and that all rights, title and interest to the photos and use of them belongs to the Mises Institute.