Human Action by Ludwig von Mises is not just another book on economics, although its economic content is excellent and timeless. It is a passage through one truth after another, built upon logic and reason.
Ludwig von Mises was born 144 years ago today. His economic masterpieces are as relevant and powerful today as when they were written. Mises still is the most eloquent voice against socialism.
The quest for sound money is hardly a recent phenomenon. In 13th century Italy, two different gold monetary units competed with each other in the Medieval Italian economy.
Looking forward from 2025, one can see Austrian economic publications, researchers, students, teachers, and writers in many countries flourishing.
The natural law is, in essence, a profoundly “radical” ethic, for it holds the existing status quo, which might grossly violate natural law, up to the unsparing and unyielding light of reason.
David Gordon reviews Binyamin Appelbaum's The Economists' Hour. As a critique of free-market economics, the book fails, relying on appeals to competing values and misattributing government failures to the market.
When Rothbard wrote his treatise Man, Economy, and State, he was a well-trained neoclassical economist who was completely conversant with the research methods and various strands
of doctrine that composed the emerging neoclassical synthesis.
Not only are modern monetary theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.
The biography of Hans F. Sennholz reads like a paradoxical novel—as if the protagonist had journeyed backward through the twentieth century.
The biography of Hans F. Sennholz reads like a paradoxical novel—as if the protagonist had journeyed backward through the twentieth century.
