Political Theory

The revival of Austrian economics had roots in the Circle Bastiat group that met in New York City in the 1950s, among them Murray Rothbard and Ralph Raico.

The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise, however, they had something to be thankful for.

The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise, however, they had something to be thankful for.

New scholarly work is appearing regularly in the Quarterly Journal of Austrian Economics and the Journal of Libertarian Studies. Here is a sampling of recently published articles.

Since the French Revolution, leftism has served as the impetus for many of the state’s worst massacres and totalitarian impulses.

Since the French Revolution, leftism has served as the impetus for many of the state’s worst massacres and totalitarian impulses.

Hoppe is an exacting analyst of what works, not an architect of upheaval.

Paul Gottfried reviews Ulrich Hintze's Theoria Generalis: Das Wesen des Politischen. Hintze argues that true political authority requires individual freedom, and he criticizes modern democracy for devolving into bureaucratic predation.

When the legal scholar Richard Posner labeled Critical Race Theory as having a “lunatic core,” he was echoing what Ludwig von Mises years before had written about polylogism. Unfortunately, CRT now dominates the nation‘s law school curriculum.

Having warned of the rise of national socialism and having fled the German army's march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.