Austrian Economics Research Conference 2021
On March 19 and 20, the Mises Institute played host to some of the greatest scholars in the Austrian tradition at the 2021 Austrian Economics Research Conference. The conference featured presentations on a variety of topics, many of which will be featured in prominent economic journals. The conference concluded with a special celebration of the 150th anniversary of the publishing of Carl Menger's Principles of Economics, the work that truly birthed the Austrian tradition. This social was generously sponsored by Hunter and Julie Hastings.
AERC 2021 Keynote Lectures:
The F.A. Hayek Memorial Lecture | Douglas B. Rasmussen, "Rothbard’s Account of the Action Axiom: A Neo-Aristotelian-Thomistic Defense" (sponsored by Greg and Joy Morin)
The Henry Hazlitt Memorial Lecture | Steve Mariotti, "Entrepreneurship and Liberty" (sponsored by Yousif Almoayyed)
The Ludwig von Mises Memorial Lecture | Samuel Bostaph, "From Menger to Mises" (sponsored by Dr. Don Printz)
The Murray N. Rothbard Memorial Lecture | Matthew McCaffrey, "The Long Rehabilitation of Frank Fetter" (sponsored by Steven and Cassandra Torello)
The Lou Church Memorial Lecture | Francis Beckwith, "Neither Theocracy nor Liberal Hegemony" (sponsored by the Lou Church Foundation)
Photos from the event can be found here.
2021 Awards in Austrian Economics
At the Austrian Economics Research Conference, the Mises Institute recognizes significant contributions to Austrian scholarship from teaching professionals, as well as the works of the next generation of promising scholars:
The O.P. Alford III Prize in Political Economy was awarded to Dr. Tate Fegley (University of Pittsburgh) for his paper "Police Unions and Officer Privileges," published in the Independent Review 25, no. 2 (Fall 2020)
The Lawrence W. Fertig Prize in Austrian Economics was awarded to Kristoffer Hansen (University of Leipzig) for his paper "The Menger-Mises Theory of the Origin of Money—Conjecture or Economic Law?," published the Quarterly Journal of Austrian Economics 22 , no. 1 (Spring 2019)
Gary G. Schlarbaum Prize for Excellence in Research and Teaching was awarded to Dr. Karl-Friedrich Israel (Western Catholic University)
The Peterson-Luddy Chair in Austrian Economics was presented to Dr. Mark Thornton (Mises Institute)
The Kenneth Garschina Student Prizes
1st Place: Kesong Wang, Hokkaido University, "A Further Clarification of Ludwig von Mises as a Currency School Free Banker"
2nd Place: Pedro Almeida Jorge, Universidad Francisco Marroquín , "The Two Traditions of Marginalist Thought"
3rd Place: Jeffrey Degner, University of Angers, "Family Economics and the Socialist State: The Calculation Problem Applied to Eastern Bloc Fertility Economics"
Mises Graduate Program
As we take the initial steps to prepare our application for national accreditation, the Mises Institute excitedly welcomed its second cohort of graduate students who began their course of study in the program on January 4, 2021. This new cohort of graduate students joins the August 2020 cohort in pursuing a Master of Arts degree in Austrian economics. The average undergraduate GPA of those accepted into the Mises Institute’s graduate program is 3.55, with half of those admitted already holding at least one graduate degree.
Applications for the next start date of August 2021 are coming in at a brisk pace and several outstanding applicants have already been accepted into what will be this third cohort.
Demelza Hays, a 2015 Mises Research Scholar, successfully defended her doctorate in business economics from the University of Liechtenstein. Her dissertation was "The Role of Cryptocurrency in Asset Management."
Tho Bishop’s article "Trump’s Potential Legacy: 50 Million+ Enemies of the State" was recognized by Rush Limbaugh on The Rush Limbaugh Show.
Jeff Deist was a guest on The Babylon Bee podcast.
Peter Klein was featured on the Baylor Connections podcast.
Economics in One Lessons Giveaway
Thanks to generous donors, the Mises Institute has been giving away complimentary copies of Economics in One Lesson to student groups, civics clubs, and even state legislative bodies all around the country.
In February, the Mises Institute had a booth at CPAC 2021—the only booth at the event with a focus on education. Copies of Hazlitt’s classic were distributed to Teen Age Republicans clubs, Turning Point USA members, Young Americans for Liberty volunteers, and various professional and homeschooling organizations.
Thomas Naramore, an AP Economics teachers in North Carolina, sent a very nice letter to the Institute thanking us for providing copies for his entire class.
Additionally, the entire South Dakota State Legislature were provided copies after a request from Representative Aaron Aylward.
Economics for Beginners
This quarter we added "What is Cronyism?" and "What is Socialism?" to our popular animated video series for beginners.
Two organizations are translating our video series and offering them to their website viewers in their respective countries: Liberales Institut in Switzerland and Mises Korea in South Korea.
Video Views for Quarter 1, 2021:
Economics for Beginners 140,284 views
What is Economics? 123,075
What is Cost? 111,933
What is Money? 111,330
What is Profit? 105,623
What is Capitalism? 101,842
What is Cronyism? 57,870
What is Socialism? 14,419
Human Action Podcast: Rothbard's America's Great Depression (with Jonathan Newman)
Human Action Podcast: Rothbard's Case Against the Fed (with Mark Thornton)
Human Action Podcast: Dr. Patrick Newman on Cronyism in America
Human Action Podcast: Scott Horton on His New Book 'Enough Already
Human Action Podcast: Guido Hülsmann on The Ethics of Money Production (with Stephan Livera)
Human Action Podcast: Dr. Philipp Bagus on the Political Economy of Mass Hysteria
Human Action Podcast: Donald Devine on the Enduring Tension
Human Action Podcast: Daniel Lacalle on Freedom or Equality
Audio Mises Wire: California Is Worse Than You Think
Radio Rothbard: The Capitol Riots and the Coming "Counterrevolution"
Top PDF Downloads:
Human Action 7,154
Introduction to Economics 3,655
Essentials of Economics 3,644
Theory and History 2,952
Theorie des geldes und der Umlaufsmittel 2,104
Theory of Money and Credit 1,746
Socialism An Economic and Sociological Analysis 1,644
Man Economy and State with Power and Market 1,983
Dinero credito bancario ciclos economicos 1,771
Chaos Theory 1,524
Top YouTube Sessions (424,620 total):
What is Economics? | Economics for Beginners | 14,881
The Fact-Free COVID Dystopia by | Thomas E. Woods. Jr. | 13,814
The Fact-Free Lockdown Hysteria | Thomas E. Woods, Jr. | 5,893
Secession: The Reasonable Option Everyone Resists | Tom Woods 5,426
The Bitcoin Standard | Saifedean Ammous | 5,275
What Is Capitalism? | Economics for Beginners | 4,881
What Biden Has Planned for Us | Radio Rothbard | 4,511
Austrian Economics vs. Keynesian and Monetarist Macroeconomics | Jonathan Newman | 4,432
The Capitol Riots and the Coming "Counterrevolution" | Radio Rothbard | 4,416
Hitler and Economics | Thomas E. Woods, Jr. | 4,364
Most Read New Articles:
California Is Worse Than You Think by William Anderson
Is Math Racist? That Does Not Compute by Gary Galles
The Capitol Riot Wasn’t a Coup. It Wasn't Even Close. by Ryan McMaken
It's Time for a National Divorce by Mark Metz
Troop Deployments in Washington Are a Disaster Waiting to Happen by James Bovard
Why Trump Voters Don't Trust the People Who Count the Votes by Ryan McMaken
Yet Another Study Shows—Yet Again—That Lockdowns Don't Work by Ryan McMaken
Most Read Articles in Spanish
4 razones de por qué el socialismo falla by Antony P. Mueller
¿Cuál es la diferencia entre liberalismo y «neoliberalismo»? by Ryan McMaken
La tragedia de la entrada de Estados Unidos en la Primera Guerra Mundial by John L. Chapman
Diez leyes fundamentales de la economía by Antony P. Mueller
¿Vivían los pueblos nativos en armonía con la naturaleza? Es complicado by Lipton Matthews
Mr. Benjamin Juhlin donated a copy of Human Action (Mänsklig Handlande) in Swedish, which he translated. We have multiple translations in our library, including Russian, Japanese, and Chinese.
Scholars at Mises Korea donated a copy of their new translation of Hans-Hermann Hoppe’s What Must Be Done.