Our International Movement
The Austrian school has always been a very international movement, and the Mises Institute works to uphold that tradition.
The Austrian school has always been a very international movement, and the Mises Institute works to uphold that tradition.
The demand for a medium of exchange is the composite of two partial demands: the intention to use it in consumption and production and the intention to use it as a medium of exchange.
Fetter is mostly neglected today, but he had a powerful influence on practically every Austrian economist in the first half of the 20th century.
Böhm-Bawerk unerringly centered his analysis on basic problems in the theory of economic goods. It constitutes a dazzling achievement.
The number of Misesians was once so small that all of them knew each other personally. The world is very different now.
Hegel, unfortunately, was not a bizarre aberrant force in European thought. He was one of many infected by Romanticism.
F.A. Hayek's many contributions to the Austrian school of economics are highlighted by Peter Klein.
"Murray Rothbard would later say 'Without the founding of the Mises Institute, I am convinced the whole Misesian program would have collapsed.'"
Jeffrey Herbener discusses the significant contributions of Frank Fetter (1863–1949) on the implications of the marginalist revolution
Schumpeter's review, now available in English, emphasizes that Fetter's Principles is more than merely a textbook, and highlights the close connection between Fetter’s theory and the economics of the Austrian school, especially his classification of entrepreneurial activity.