History of the Austrian School of Economics

Murray Rothbard wasn't born an Austrian economist. Patrick Newman on how a Columbia-trained mainstream PhD became Mises's heir—in the hundredth year since Rothbard's birth.

The Policy and History faculty panel takes student questions on the state of the movement and the prospects for freedom.

The Theory and Method faculty panel takes questions from Mises University students.

A book so dangerous it couldn't be printed: it passed hand to hand in manuscript for twenty-five years. Mark Thornton on the underground text that founded modern economics.

A game show finalist looked at a rigged final round and told his opponent, "I'm going to steal—and then split it with you." He didn't play the game. He changed it. Lucas Engelhardt on entrepreneurs and game theory.

Two of the best American Austrians feuded over a book review, trained no successors, and their school quietly died out. Paul Cwik and Shawn Ritenour on the Austrians you may not know, and the ones we almost lost.

Why is water nearly free while diamonds cost millions, when you'd die in three days without one and never miss the other? In 1871, Carl Menger finally solved it.

Opening the 40th Mises University, Professor Hülsmann tells how the Austrian school came back from near-extinction—and why Mises U was central to its revival.

Timothy Terrell traces the historical origins of the American healthcare cartel, beginning with Ronald Hamowy's 1979 article documenting how the AMA used state licensing laws not to protect patients but to restrict physician supply and raise incomes.

Carl Menger, founder of the Austrian School of economics, served as the tutor for Austrian-Hungary’s Crown Prince Rudolf, the only son of Emperor Franz Joseph. But Rudolph’s untimely death in 1889 would end up changing the ruling dynamics of pre-World War I Central Europe.