History of the Austrian School of Economics

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Ludwig von Mises

This essay by Mises reveals that he regarded Edgeworth, not Marshall, as the leading British economist of the late nineteenth century.

Murray N. Rothbard

The early American individualists of the nineteenth century were a diverse lot with fixed and unwavering love of true liberty.

Murray N. Rothbard

In this short biographical entry on Ludwig von Mises, Murray Rothbard recounts a great man's life and work and explains his significance to the world of ideas and the history of his time and ours.

Hans-Hermann Hoppe

The idea of private property not only agrees with our moral intuitions—it is the sole just solution to the problem of social order.

Fritz Machlup

The fact that I could take exception to some of Mises's teaching does not make me an apostate. It should prove, instead, that the great teacher had produced students with open and critical minds. 

Murray N. Rothbard

Left-wing intellectuals such as Polanyi are always weeping about the "Coca-Colaization" of the rest of the world, bemoaning the supposedly lost glories of "folk culture" in the undeveloped countries, writes Rothbard.

Jörg Guido Hülsmann

Menger's was an analytical method that began with the smallest empirical phenomena and proceeded logically from there. He called this the "empirical method."

Claude Frédéric Bastiat

Frédéric Bastiat reminds us of the dangers to all sides of using military force as a means of securing resources or to bring freedom to foreign peoples.

Garet Garrett

Man discovered the value of free markets, free competition, and free enterprise. But then the governments man created to "protect" these rights destroyed them instead. 

Ludwig von Mises

The uneasiness that impels a man to act is caused by a dissatisfaction with expected future conditions as they would probably develop if nothing were done to alter them.