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Austrian School

Man, Economy, and State at 50

History of the Austrian School of Economics

09/11/2012Mises Daily ArticlesRobert P. Murphy

Murray Rothbard eventually realized that he was writing a brand new treatise.

Marx's Path to Communism

History of the Austrian School of EconomicsOther Schools of Thought

09/06/2012Mises Daily ArticlesMurray N. Rothbard

Historians dismiss young Karl's poems as inchoate romantic yearnings, but they are too congruent with the adult Marx's doctrines to be dismissed.

Marx and Inevitability

World HistoryHistory of the Austrian School of EconomicsOther Schools of Thought

08/30/2012Mises Daily ArticlesMurray N. Rothbard

Karl Marx did not propose to leave the attainment of communism to the imperfect free wills of mankind.

Mises versus Menger?

Monetary Theory

08/28/2012Mises Daily ArticlesDavid Gordon

Even if they differed on the similarity of the social and physical sciences, it does not follow that Mises and Menger differed on the correct method of economics.

Mind the Theory

Praxeology

08/13/2012Mises Daily ArticlesThorsten Polleit

The saying that things may work nicely in theory, but do not necessarily work in practice is well known, but there's good theory and bad theory.

Millennial Communism

Free MarketsHistory of the Austrian School of EconomicsInterventionism

08/09/2012Mises Daily ArticlesMurray N. Rothbard

Marx's devotion to communism was his crucial point, far more central than the dialectic, the class struggle, the theory of surplus value, and all the rest.

Make Profits, Not War

U.S. HistoryInterventionismOther Schools of Thought

07/23/2012Mises Daily ArticlesGary North

Free trade reduces the urge to go to war.

Modern Banking’s Fatal Flaw

07/11/2012Mises Daily ArticlesRussell Lamberti

The current financial crisis is no accident. It is the predictable and logical result of fractional-reserve banking and the symbiosis between politics and banking that make this system possible. Only a return to legally sound banking principles can remedy this unfortunate situation.