Articles of Interest

Ludwig von Mises Corel PDF Engine Version 11.4.0.100

The complete transcript of the Institute's famous documentary on the Federal Reserve.

Mises Institute 50 Great Pioneers of American Industry

Thanks to George Reisman for sharing this interesting letter with the Institute.

This scathing address delivered by Dr. Jordan at the Thirtieth Annual Meeting of the National Industrial Conference Board, 16 May 1946, one year after the end of World War II.

Indeed, the origins of economic theory itself can be traced to CantilIon. William Stanley Jevons, one of the cofounders of the marginalist revolution, and the economist who is generally credited with rediscovering Cantillon, called the Essai "a systematic and connected treatise, going over in a concise manner nearly the whole field of economics…. It is thus the first treatise on economics." He dubbed the work the "Cradle of Political Economy." Joseph Schumpeter, the great historian of economic thought and student of Eugen von Bohm-Bawerk, described the Essai as "the first systematic penetration of the field of economics." In his treatise on the history of economic thought, Murray N. Rothbard named Cantillon "the founding father of modern economics."

Gottfried Haberler was one of the first economists to make a case for the productivity of free trade in terms of the modern subjective theory of value.

Eugen von Böhm-Bawerk (Born February 12, 1851; Died 1914) was in the right place at the right time to contribute importantly to the development of Austrian economics. Studying at the University of Vienna, he was twenty years old when Carl Menger's Principles of Economics appeared in print in 1871. His formal university training was in law (and thus he was not actually a student of Menger's), but after completing his doctorate in law in 1875, he began preparing himself both at home and abroad to teach economics in his native Austria.

One of the most notable economists and social philosophers of the twentieth century, Ludwig von Mises, in the course of a long and highly productiv