The fascinating history of this great body of thought, through all its ebbs and flows, is the story of how great minds can advance science and oppose evil with creativity and courage. Now the Austrian School enters a new millennium as the intellectual standard bearer for the free society. That it does so is thanks to the heroic and brilliant minds that make up the family history of the School, and to those who are carrying that legacy forward with the Ludwig von Mises Institute.

Mises Institute 50 Great Pioneers of American Industry

The complete transcript of the Institute’s famous documentary on the Federal Reserve.

The Problem Stated

     According to Nozick (and Locke and innumerable others), what has come to be termed “distributive justice” is a matter of goods going to those who made or found them, or to those who get them from others by agreement, e.g. by buying or selling them.

Volume 1, Article 22 (2009)

Introduction

Chandran Kukathas argues that we have a problem in how to understand Libertarianism, and that this problem requires us to choose between two views, each of which has uncomfortable implications. He begins by noting that “Libertarians believe that all individuals are entitled to live as they choose, free from interference by other persons or by the state. ...

Volume 8, No. 4 (Winter 2005)

F.A. Hayek is known for making a number of important contributions to economics and social thought. If, however, one had to identify a single concept that captures the thrust of Hayek’s intellectual project, one would probably have to say “spontaneous order.” The intellectual history of spontaneous order has largely been written according to one standard account. That account is, in a nutshell, as follows: The first major theorists of spontaneous order were the Scottish Enlightenment philosophers of the eighteenth century, especially Hume and Smith.

Capitalism: A Treatise on Economics by George Reisman
Ottawa, IL: Jameson Books, 1996

     An important argument in the arsenal of Keynesian economics in favor of fiscal stimulus is that during a recession/depression it will put unemployed resources back to work and produce, in the process, a net-gain in wealth.

Alan Sweezy’s  review of the Collected Works of Menger.

National Industrial Conference Board American Affairs, Vol VII, no 1, 1945