This week graduate students from around the world gathered at the Mises Institute for our annual Rothbard Graduate Seminar. The subject this year focused on Ludwig von Mises’s seminal treatise Human Action, with the students receiving instruction from Professors Guido Hülsmann, Jeffrey Herbener, David Gordon, Peter Klein, Joseph Salerno, and Mark Thornton. The discussion and debate among both students and faculty has been intense and instructive, with Dr.

The debate surrounding the EU referendum in Britain, scheduled in two weeks, and the fate of the UK outside of the EU, is now in full swing. Unsurprisingly, little of substance has been said so far on the issue. One would expect that both sides would be better prepared with arguments to support their cause, but many aspects discussed have not only been erroneous, but have appealed to people’s fear rather than their intelligence.

Unlike other leftist South American regimes, the Venezuela regime has intentionally crushed even the middle and working classes.

The economic disaster in Venezuela has prompted many to take a look at the country and attempt to understand what it is that has made things so bad in Venezuela. 

“Americans are fatter than ever,” CNN reports in its examination of the latest National Health Interview Survey by the Centers for Disease Control.

This will surprise no one who has been paying any attention at all to obesity data in the US in recent years.

In a recent piece called “Monopoly’s New Era,” professor Joseph Stiglitz has divided the long history of economic thought into two camps explaining the distribution of income: those who believe in competitive markets and those who believe in “market power.” The former tradition evolved into explaining incomes in terms of marginal prices, whereas the latter is focused on explaining two real world problems: rising inequality and higher concentrati

The late Murray Rothbard was known as an uncompromising libertarian theorist. But he was also an activist and strategist, and wrote several articles, essays, and memos on the topic of advancing libertarianism. I’m happy to report that some of his previously unpublished work on strategy will be released later this year by the Mises Institute, and will be edited by no less than Rothbard’s biographer Justin Raimondo.

Regarding tactics, Rothbard advocated a two-prong approach :

The Journal of Libertarian Studies
An Interdisciplinary Review

Volume 16, Number 4, Fall 2002

Hans-Hermann Hoppe
Symposium Introduction

Walter Block
Henry Simons is Not a Supporter of Free Enterprise

Murray N. Rothbard
Milton Friedman Unraveled

[Editor’s Note: This Q & A with Dr. Michel Accad, M.D. on the economic history of modern medicine covers the Great Depression to modern times. Part 1 covers the “pre-Flexner era” to the Great Depression.]

Q: What alternative models of health care payment were sought during the Great Depression?