History of the Austrian School of Economics

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Jeffrey A. Tucker

To Garrett, there is no heroism in war but only in creativity and production, and no folly greater than overthrowing the institutions that make creativity and economic progress possible.

Jörg Guido Hülsmann

Mises knew that Vienna was in even worse shape than after World War I, and this time lacked the leadership to prevent the rampant socialization of the entire country.

Murray N. Rothbard

Finally, the dramatic collapse of Communism and the Cold War in 1989, and the subsequent rethinking among both conservatives and libertarians, has recently aroused interest in The Betrayal.

Jörg Guido Hülsmann

Mises was two months shy of his fifty-ninth birthday. He had left Vienna some years earlier, escaping only days before the Nazis ransacked his apartment, confiscated his records, and froze his assets. He had hoped to be safe in Geneva. Now nowhere in Europe seemed safe.

Ludwig von Mises

The Austrian economists unconditionally rejected the logical relativism implied in the teachings of the Prussian Historical School.