Ludwig von Mises as a Social Rationalist
Professor Salerno gives a systematic exposition of Mises's thinking about society and social evolution.
Professor Salerno gives a systematic exposition of Mises's thinking about society and social evolution.
Walter Block The Mishnah and Jewish Dirigisme Acrobat Distiller 2.0 for Power Macintosh
From The Review of Austrian Economics Vol. 5, No. 1, 1991.
The latest exploits of Lance Armstrong in this year's Tour de France, writes Jim Fedako, provide a solid backdrop for discussions contrasting the economic ideas of the Austrian School and the adherents of Public Choice.
The Jedi sacrifice truth and justice to ambition, writes Adam Young. May this serve as a warning to all who see in emergency circumstances a reason to betray principles and adopt the methods of the Dark Side.
Communist Parties are still alive and well, even in post-communist countries. Luca Ferrini speculates that the larger the state, the more it corrupts the mind and the culture. Communism means never having to leave the nest.
The founder of the Chicago School, Frank Knight, was an avowed egalitarian. Rousseau was his influence. Jacobins believed in mass democracy and politics as the only way to implement their ideas. They hated aristocrats and religious leaders. Knight believed in progressive taxation. He wanted neocon social democracy.
The debate still continues. It is all about Mises’ initial article and then book on Socialism in 1922. He demonstrated the necessity of the price system and showed how subjective values were transformed into objective prices which could be used as meaningful cardinal numbers in economic calculation.