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Mises Univeristy 18

Mises University

August 3, 2003August 9, 2003
Auburn, Alabama

Tags Big GovernmentBusiness Cycles

The Mises University is the world's leading instructional program in the Austrian School of economics. Since 1984, it has been the essential training ground for economists who are looking beyond the mainstream.

The program offers courses, seminars, and reading groups on the whole range of the discipline. A core curriculum presents economic foundations, and more than fifty elective classes explore the entire range of economics, in all levels of advancement. The program ends with a Mündliche Prüfung, an optional exam for an honors certificate.

Subject areas cover market behavior, competition, value and utility, money and banking, business cycles, industrial organization, method, economic history, the philosophy of science, financial economics, and more. You attend what most suits your interests and level of advancement.

Classes are interspersed with reading groups, discussion seminars, faculty panels, and plenary lectures. There are special sessions on economic history, economics and ethics, and political philosophy. Nightly social hours allow time to meet and discuss it all with faculty and other students. There's even a primer on surviving graduate school.



Thomas DiLorenzo (Loyola College, Baltimore), Roger Garrison (Auburn University), David Gordon (Mises Review), Jeffrey M. Herbener (Grove City College), Hans-Hermann Hoppe (University of Nevada, Las Vegas), Jörg Guido Hülsmann (Mises Institute), Peter Klein (University of Missouri), Roderick T. Long (Auburn University), George Reisman (Pepperdine University), Joseph T. Salerno (Pace University), Mark Thornton (Ludwig von Mises Institute)


SUNDAY, August 3

  • 10:00am-8:00pm (Central Time) check-in at Commons Dorm  
  • 5:00-7:00pm Registration at Mises Institute (bus between dorm and Mises Institute every half hour)  
  • 7:00pm Dinner at the Mises Institute  
  • 8:00pm Welcoming remarks, faculty introductions Thornton
  • 8:15pm Mises and the Foundation of Austrian Scholarship. Hülsmann
  • 9:30 Social Hour  
  • 10:00pm shuttle departs Mises Institute for dorm and hotel

MONDAY August 4

  • 8:00-8:45am shuttle departs dorm/hotel for Mises Institute every 15 mins.
  • 8:15-9:00am breakfast
  • 9:00-10:00am  The Marginalist Revolution. Salerno.  Room 1              
  • 10:00am Group photo in amphitheater
  • 10:30-11:30am Value, Utility, and Price. Herbener.  Room 1
  • 11:45am-12:45pm  Praxeology: The Austrian Method. Hoppe. Room 1
  • 12:45-1:30pm Lunch                 
  • 1:30-2:30pm Time Preference and Interest. Herbener. Room 1                  
  • 2:45-3:45pm Concurrent
  • 4:00-5:00pm   Calculation and Price Theory. Salerno. Room 1
  • 5:00-6:30pm Dinner              
  • 7:00pm Performance and Sing-along: Songs of the Mises-Kreis   
  • 8:00-10:00pm Social Hour
  • 8:30-10:00pm shuttle departs Mises Institute every half hour for dorm/hotel  

TUESDAY August 5

  • 8:00-8:45am shuttle departs dorm/hotel for Mises Institute every 15 mins.
  • 8:15-9:00am Breakfast
  • 9:00-10:00am Money and Banking. Hoppe. Room 1
  • 10:15-11:15am Capital. Garrison. Room 1
  • 11:30-12:30pm Interventionism. Reisman.  Room 1                 
  • 12:1:30pm Lunch 
  • 1:30-2:30pm  Austrian Theory of the Trade Cycle I. Garrison. Room 1
  • 2:45-3:45pm   Monopoly and Competition. DiLorenzo. Room 1
  • 4:00-5:00pm The Theory of the FirmKlein. Room 1
  • 5:00-6:00pm Dinner    
  • 6:00-7:00pm shuttle leaves every half hour between Mises and dorm/hotel; last shuttle leaves dorm/hotel at 7:30pm                            
  • 8:00pm Film in Amphitheater 
  • 8:30-10:00pm shuttle departs Mises Institute every half hour for dorm/hotel  


  • 8:00-8:45am shuttle departs dorm/hotel for Mises Institute every 15 mins.
  • 8:15-9:00am Breakfast
  • 9:00-10:00am Concurrent Sessions
    • Theory of the Profit, Loss, and Entrepreneurship. Salerno. Room 1
    • Epistemological Problems of Economics. Gordon. Room 2
  • 10:15-:11:15am Concurrent Sessions
    • Economics of the Public and Semi-Public Sector. DiLorenzo. Room 1
    • Economics of Risk and Insurance. Hoppe. Room 2
  • 11:30-12:30pm Concurrent Sessions
    • Austrian Theory of the Trade Cycle II. Garrison. Room 1
    • Public Spending and Public Goods. DiLorenzo. Room 2
  • 12:30-1:30pm Lunch                               
  • 1:30-2:30pm Concurrent Sessions
    • The Benevolence of Capitalism. Reisman. Room 1
    • Problems in Cycle Theory. Hülsmann. Room 2   
  • 2:45-3:45pm Concurrent Sessions
  • 4:00-5:00pm Seminars
    • Applications of Austrian Macroeconomic Theory. Garrison. Room 1
    • Money and Banking. Reisman, Salerno. Room 2
    • Firms and Financial Markets. Klein, Thornton. Room 3
  • Shuttle to dorm/hotel every 15 minutes
  • 6:00-9:00pm Dinner and Social Hour: Gattis


  • 8:00-8:45am shuttle departs dorm/hotel for Mises Institute every 15 mins.
  • 8:15-9:00am Breakfast
  • 9:00-10:00am Concurrent Sessions
    • Environmental and Resource Economics. Reisman. Room 1
    • Critique of Keynesian Macroeconomics. Herbener. Room 2
  • 10:15-11:15am Concurrent Sessions
    • Macroeconomics of Taxes and Tax Reform. Garrison. Room 1
    • Foundations of Welfare Economics. Hülsmann. Room 2
  • 11:30-12:30pm Concurrent Sessions
    • The Economics of Inflation. Reisman. Room 1 
    • Theory and History. Gordon. Room 2
  • 12:30-1:30pm Lunch                              
  • 1:30-2:30pm Concurrent Sessions
    • Monetarist vs Austrian Views of the Trade Cycle. Garrison. Room 1
    • Further Considerations in the Theory of Interest. Hülsmann.  Room 2     
  • 2:45-3:45pm Concurrent Sessions
    • Economics as a Profession. Klein. Room 1
    • Human Action and Man, Economy, and State in the History of Thought. Salerno. Room 2    
  • 4:00-5:00pm Concurrent Seminars
    • Theory and History. Hoppe, Hülsmann. Room 1
    • Economics and Ethics. Gordon, Long. Room 2
    • A Critique of Public Choice on Government. Thornton, DiLorenzo. Room 3
    • Common Errors in Economic Theory. Herbener, Klein. Room 4    
  • Dinner and Social Hour: Gattis

FRIDAY August 8

  • Deadline for signing up for Mündliche Prüfung at 5:00pm today
  • 8:00-8:45am shuttle departs dorm/hotel for Mises Institute every 15 mins.
  • 8:15-9:00am Breakfast
  • 9:00-10:00am Concurrent Sessions
  • 10:15-11:15pm Concurrent Sessions
    • Extensions and Applications in Austrian Macroeconomics. Garrison 1
    • International Monetary Systems. Salerno. Room 2
  • 11:30-12:30pm Concurrent Sessions
    • Current Topics in Economic Policy. ReismanRoom 1
    • Economic Reasoning: Principles and Common Fallacies. Gordon. Room 2
  • 12:30-1:30pm Lunch
  • 1:30-2:30 Concurrent Sessions
    • Trade Barriers as a Cause of War. DiLorenzo. Room 1
    • History and New Directions for Austrian Economists. Salerno. Room 2
  • 2:45-3:45pm Concurrent Sessions
    • Protection and the Market for Security. Hoppe. Room 1
    • Why Economists Should know Logic and Philosophy. Long. Room 2    
  • 4:00-5:00pm Faculty Panels
    • Microeconomics: Klein, DiLorenzo, Gordon, Herbener, Hoppe, Thornton. Room 1
    • Macroeconomics: Hülsmann, Reisman, Garrison, Long, Salerno. Room 2
  • 5:00-6:00pm Dinner
  • 6:00-7:30pm shuttles every half hour between Mises and dorm/hotel; last shuttle from dorm at 7:30         
  • 8:00pm Film in Amphitheater  
  • 8:30-10:00pm shuttle departs Mises Institute every half hour for hotel  

SATURDAY August 9 

  • 8:00-8:45am shuttle departs dorm/hotel for Mises Institute every 15 mins.
  • 8:15-9:00am Breakfast
  • 9:00-10:00am Concurrent Sessions
  • 10:15-11:15am Concurrent Sessions
    • Economics of Political Centralization. Hoppe. Room 1
    • The Utopianism of Marx and Keynes. Herbener. Room 2 
  • 11:30-12:30pm Concurrent Sessions
    • Judgement. Hülsmann. Room 1     
    • The Case Against All Antitrust Legislation. DiLorenzo. Room 2    
  • 12:30-1:30pm Lunch   
  • 1:30-2:30pm Concurrent Sessions
    • Recent Books Important to Austrians. Gordon. Room 1      
    • Apriorism and Positivism in the Social Sciences . Long. Room 2  
    • Recent Monetary Crises. Herbener. Room 3          
  • 2:45-5:00pm Study Time and Mündliche Prüfung (optional exams for honors certificate).  
  • 3:00pm Film in Condon
  • 5:30pm Barbecue 



Publicity Waiver: Registering for this event gives the Mises Institute permission to take photos of attendees and use the photos for fundraising purposes. By this authorization, attendees understand and agree that no participant shall receive remuneration and that all rights, title and interest to the photos and use of them belongs to the Mises Institute.

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