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The Economics and Ethics of Frederick Nymeyer

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01/10/2017Timothy D. Terrell

Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016): 267–287

ABSTRACT: Frederick Nymeyer (1897–1981) was a Chicago businessman who supported Austrian scholarship through his publication and marketing of work by Mises and Böhm-Bawerk. Part of his legacy is Libertarian Press, which Nymeyer founded to promote Austrian economics at a time when it was virtually unknown in the United States. A Calvinist in a Dutch Reformed denomination, Nymeyer also self-published a large number of articles applying economic thought to ethical issues in an effort to combat the growing affinity for socialist ideas among Protestants. Nymeyer saw close connections between Misesian ideas and biblical law, which he elaborated upon in his 1964 book Minimal Religion. This paper summarizes and contextualizes some of Nymeyer’s most prominent themes in his writing.

KEYWORDS: Frederick Nymeyer, entrepreneurship, Austrian School, libertarianism, religion
JEL CLASSIFICATION: B31, B53, Z12
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Terrell, Timoth D., "The Economics and Ethics of Frederick Nymeyer," Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016): 267–287.

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