Natural Elites, Intellectuals, and the State
This monograph engages the long-running controversy about the origin of the state.
This monograph engages the long-running controversy about the origin of the state.
From The Review of Austrian Economics Vol. 6, No. 1, 1992.
William Keizer Two Forgotten Articles by Ludwig von Mises on the Rationality of Socialist Economic Calculation
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 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.