The Austrian School of economics arose in opposition to the German Historical School; and Carl Menger developed his methodological views in combat with the rival group. Gordon discusses the philosophical doctrines of the Historical School, and examines some of the philosophical influences on the founders of the Austrian School.
This monograph was prepared from a transcript of a talk Dr. Gordon gave at the Mises University summer program at Stanford University in 1994. The informal style of an oral presentation has been retained here. The text has been edited, expanded, and lightly documented.
David Gordon is Senior Fellow at the Mises Institute and editor of the Mises Review.
In this week's Friday Philosophy, Dr. David Gordon reviews The Meaning of Socialism by Michael Luntley. While acknowledging that Luntley has some good insights, overall, he find the work lacking a full understanding of socialism.
Although F. A. Hayek had many important contributions to economic theory, both Rothbard and Mises had major disagreements with Hayek's book, The Constitution of Liberty because of Hayek's support of public welfare measures.
In this week’s Friday Philosophy, Dr. David Gordon takes issue with Steven B. Smith’s portrayal of Abraham Lincoln as a “statesman” who was “America’s greatest president.”