Ronald H. Coase was one of the few very influential economists of the 20th century, and was awarded the “Nobel Prize” in economics in 1991. He was hardly an Austrian economist. On the contrary, he was a self-declared socialist - at least in his youth. But there is reason to believe he was well aware of Austrian theories while an undergraduate student at LSE in the 1930s (which was when he wrote one of his most influential articles, “The Nature of the Firm” published in 1937).
Mises U 2014 begins Monday!
Judge Andrew Napolitano, Tom Woods, Robert Higgs, and Bob Murphy are among the speakers.
Live streaming is free throughout the week, and if you can’t watch live we will archive speeches on our YouTube page, Mises.org, and iTunesU.
Click here for the lineup and the schedule:
http://mises.org/events/184/Mises-University-2014
Without mentioning it, Michael Boskin provides supports Robert Higgs’s contention the Regime Uncertainty is a, if not the, major contributing factor to the current stagnating economy.
We’re very happy to have another great group of international young scholars with us this summer. Mises Fellows are graduate students and faculty who come to the Mises Institute during the summer to spend more time working on research in the field of Austrian economics with our senior faculty.
The Theory of Money and Credit
The Politics of Obedience: The Discourse of Voluntary Servitude
The Law (Stirling Translation, 1874)
[This essay was published in French in 1850. This piece was published in English as part of Essays on Political Economy (G.P. Putnams & Sons, 1874) with authoritative translation by British economist Patrick James Stirling, with changes by David Wells. Spellings are American English.]
The Law
Preface
The Clash of Group Interests (1945)
I
To apply the term “group tensions” to denote contemporary antagonisms is certainly a euphemism. What we have to face are conflicts considered as irreconcilable and resulting in almost continual wars, civil wars, and revolutions. As far as there is peace, the reason is not, to be sure, love of peace based on philosophical principles, but the fact that the groups concerned have not yet finished their preparations for the fight and, for considerations of expediency, are waiting for a more propitious moment to strike the first blow.
