Austrian Economics Overview

Today would have been MNR’s 80th, as mentioned here and

I have the great pleasure to report that I am currently at the Universidad Francisco Marroquin (www.ufm.edu.gt) as a visiting professor teaching th

Here is my preface to the newly published Polish edition of Democracy--The God that Failed

Carl Menger, 1840-1921, founded Austrian economics. Eugen von Bohm-Bawerk was the most important student.  Weiser was his brother-in-law, but was fairly pre-Keynesian. Mises was the great successor to Bohn-Bawerk.

The essence of Austrian economics is based on the analysis of individual action. In other words, it is about individuals doing things, having purposes and goals and pursuing them. Other schools of economics deal with aggregates, groups, classes, wholes of one sort or another, without focusing on the individual first and building up from there.

What kind of man was Ludwig von Mises? Here is a film that does justice to this extraordinary man, and to his equally extraordinary ideas.

I just ran accross this article by Murray Rothbard: Ludwig von Mises and Natural Law: A C

Walter Block and Bill Barnett Mises Institute Podcast

Last weekend I had the pleasure of attending, for the second time, the Austrian Student Schol