Classical Liberalism and the Austrian School

Index

Index

absolutism, 93

Acton, H. B., 120

Afthalion, Florin, 328–329

Albertin, Lothar, 321

Alter, Max, 4

American militarism, xxii

Ancient Liberty, 222–223

Anderson, Gary M., 132

Anderson, Perry, xxi, 259

Angel, Pierre, 83

Annals of the American Academy of Political and Social Science, 112

Anti-Capitalistic Mentality, The, xvii

Appleby, Joyce, 95

apriorism, 13–18

Aquinas, St. Thomas, 92

Arblaster, Anthony, 74–75

Aron, Raymond, 120

Arpinati, Leandro, 281

Ashton, T. S., 112

Augustine, St., 93

Austrian Economic Theory, 19–23

business cycle theory, 20

cause of economic action, 22

ideology behind, 27–32

prices as information, 21

social philosophy, 32–39

ties to liberalism, 19–23, 32–29

Austrian School of economics, ix, xiv, 1

and classical liberalism, 1–51

criticism of methodology, 7

economic policy, 32–35

vs. neoclassical economics, 8–11

and subjectivism, 7–12

see also, subjectivism

on welfare economics, 10–11

Balogh, Thomas, 158

Barry, Norman, 80, 95, 99, 130

Bastiat, Frédéric, 221, 240

Bellamy, Edward, 84

Berger, Suzanne, 213

Berlin, Isaiah, 18, 222, 257

Berman, Harold J., 91

Bernstein, Eduard, 83

Birdzell, L. E., 18

Birken, Lawrence, 12

Bismarck, Otto von, 88

Blanqui, Adolphe, 185–186

Böhm, Stephan, 35

Böhm-Bawerk, Eugen, 5, 32

on Austrian economic policy, 35–38

Bolsheviks, 134–136

Boos, Margarete, 51

Boudon, Raymond, 123

bourgeois economics, 7

Brandt, Karl, 31

Brentano, Lujo, 35

Briefs, Goetz, 87

Bright, John, 69

Bringing the State Back In (Skocpol), 213

Bronfenbrenner, Martin, 116

Brunner, Karl, 71, 150, 154, 175

Buchanan, James, 153, 252

Bukharin, Nikolai, 30

Burke, Edmund, 24, 80

Cairncross, Alec, 157

Cairnes, J. E., 250

Calhoun, John C., 212

Cantor, Norman F., 92

Capital (Marx), 17, 184

Capital and Interest (Böhm-Bawerk), 10

Capitalism and Freedom (Friedman), 248

Capitalism and the Historians (Hayek), 18, 112, 113–115

Capitalism, Socialism and Democracy (Schumpeter), 286

Carlyle, A. J., 91

Catholic Church

role in liberalism, 90–93

Censeur Européen, Le, 189–204, 220, 231

centralized power, 226–228

Chadwick, Owen, 79

Chicherin, Boris, 272

Choi, Young Back, 128

Churchill, Winston, 151, 258

Cicero, 127

Civil War in France, The (Marx), 200

Civilian and the Military, The (Ekirch), 332

class conflict, xix, 183–214

classical economics, 7

classical liberalism, xiii, xvi, xviii, 1, 222, 259

see also liberalism

Coase, Ronald, 111

Cobden, Richard, 69, 77, 133

Colbert, 208

Colburn, Forrest D., 133

Cole, Margaret, 169, 171

Collectivist Economic Planning (ed. Hayek), 174

Commentaire sur l’Esprit des Lois de Montesquieu (Destutt de Tracy), 201

Commentaire sur l’ouvrage de Filangieri (Constant), 248

commerce, 190

Communist Manifesto see Manifesto of the Communist Party

Comte, Charles, 79, 193, 200, 201, 204, 206

Constant, Benjamin, xx, 9, 100, 121, 194, 222–226, 231, 248, 257

Constantin, C., 234

Constitution on Liberty, The (Hayek), 220

Counter-Revolution of Science, The, xvii, 6

Cours d’économie politique (Pareto), 185

Cowling, Maurice, xv, 78–79

Cranston, Maurice, 85, 150

credit expansion, 20

Crisis and Leviathan (Higgs), 137

Cubeddu, Raimondo, 68

Dahrendorf, Ralf, 99

Dasgupta, A. K., 23

Davis, R. W., 83

de la Mare, Nicolas, 87

de Stefani, Alberto, 280

de Viti de Marco, Antonio, 276–279

De officiis (Cicero), 127

De l’esprit de conquête et de l’usurpation (Constant), 190

Decline of American Liberalism, The (Ekirch), 333

Democracy in America (Tocqueville), 227

Den Uyl, Douglas J., 71

desacralization of the state, 93

Descartes, René, 13

Destutt de Tracy, Antoine, 189–190, 201

Dewey, John, 84

Dicey, A. V., 247

Diggers, 94

Disquisition on Government (Calhoun), 212

Doctrinaires, 205

Döhn, Lothar, 70

Dolan, Edward G., 10

Döllinger, Ignaz von, 233

Droll, 133

Dunn, John, 80

Dunoyer, Charles, xix, 189–190, 193, 195–196, 201, 240

Eccleshall, Robert, 102

economic growth

savings vs. credit expansion, 20

Economists and the Public (Hutt), 150

education system, 138–139

Eighteenth Brumaire of Louis Bonaparte, The (Marx), 199

Einaudi, Luigi, 250–251, 277–278

Ekelund, Robert B., Jr., 32

Ekirch, Arthur, xxii, 332–338

Elster, Jon, xiv, 4, 141

Employment Act of 1946 (US), 155

Engelhardt, H. Tristram, 237–238

Engels, Friedrich, xix, 121, 183–188

Envy (Schoeck), 128

envy and envy-avoidance, 128–129

Erhard, Ludwig, 155

Esai sur l’Histoire de la Formation et des Progrès du Tiers État (Thierry), 206–209

Faguet, Émile, 222

fascism, 153, 258–264

Mises’s rejection of, 261

rise of, 269–271

Federal Reserve, 130, 151

Ferguson, Adam, 27

Ferrara, Francesco, 250

Fetter, Frank A., 28

Figgis, John Neville, xvi

Fourier, Charles, 126

Fourier complex, 126, 287

Freeden, Michael, 73–74

French liberalism, 219–253

Molinari, 238–246

Montalembert, 230–238

political centralization, 226–228

Freud, Sigmund, 172

Friedman, Milton, xiv, 72, 248

attack on Mises, 14–15

response to attack, 15

Garrison, Roger W., 10, 159

Gaxotte, Pierre, 241

General Theory of Employment, Interest, and Money, The (Keynes), 150, 151, 161, 163

George, David Lloyd, 69

German Liberalism, 303

Gesell, Silvio, 152

Giretti, Edoardo, 280–281

goods of higher order, 23

Gorbachev, Mikhail, 136

Gottfried, Paul, 75, 88

government action, see state intervention role of, 239

government jobs, 197–198

Gramsci, Antonio, 265

Gray, John, 71

Great Wars and Great Leaders: A Libertarian Rebuttal, xxiii

Green, T. H., 81

Gruner, Shirley M., 205

Guizot, François, 187, 205–207, 233

Hacker, L. M., 112

Hall, John A., 72

Hamburger, Joseph, xv, 79

Hardin, Russell, 94

Harrod, Roy, 162

Hartwell, R. M., 114–115, 130, 140

Hayek, Friedrich, xv, xvii, xx, 112, 117, 136, 157, 220, 239

apriorism, 13–18

on British liberals, 246

on individualism, 13

on intellectuals and socialism, 117–121

on macroeconomics, 10

political attitudes, 40–44

Heilperin, Michael, 155, 162, 163

Hekman, Susan J., 98

Herbert, Auberon, xxi

Higgs, Robert, 120, 128, 137–138

Himmelfarb, Gertrude, 72

Hirschman, Albert O., xix, 185, 188

“History and Politics” (Hayek), 139

History of Economic Analysis (Schumpeter), 272–273

History of European Liberalism (Ruggiero), 256

Hobhouse, L. T., 74, 81

Hobson, J. A., 152

Holmes, Stephen, 81, 85–86, 228

Hoppe, Hans-Hermann, 40, 44, 96, 282

Hufeland, 31

Hülsmann, Jörg Guido, 10

Human Action (Mises), 2, 10

human action, 8–9, 14

Humboldt, Wilhelm von, 9, 44, 87

on government intervention, 11

Hume, David, 94

Hutchison, T. W., 30, 31

attack on Mises, 13–16

response to attack, 15–16

Hutt, W. H., 23, 150, 152

ideology, 137–138

Illusion of the Epoch, The (Acton), 120

immigration, 289–292

imperialism, 292–293

In Coena Domini, 92

individual human beings, 7–12

human actors, 8–9

see also, human action

individual rights, xiii

individualism, 13, 95

individuality

as effects inequality, 12

Industrialism, 189, 193–204

critique of, 204

inequality of humans, 12

Influence of Sea Power Upon History, The 1660–1783, xxii, 334

intellectuals, anti-capitalism, 111–141

bias, 140

envy, 128–129

historical myths, 139–141

Investigations (Menger), 3, 5

Jaguaribe, Helio, 72

Jasay, Anthony de, 43–44

John Stuart Mill and the Religion of Humanity (Raeder), 79

Johnson, Harry, 151–152

Jouvenel, Bertrand de, 112–114

July Monarchy, 210

Kautsky, Karl, 29

Kauder, Emil, 22, 26, 33, 34

Kehr, Eckart, 320

Kennedy, Paul, 303

Keynes, John Maynard, xvii, xviii, 69

and the arts, 160–161

on eugenics, 159–160

hatred of money, 171–175

and liberalism, 149–175

Keynesian System, 151–156

on Soviet Communism, 166–171

and totalitarian “experiments,” 161–166

and utopia, 158–161

Khrushchev, Nikita, 135

Kirzner, Israel, 4, 8, 9, 11, 18, 22, 116

on freedom in market processes, 21–23

on welfare economics, 11

Kitch, Edmund, 111

Klinger, Friedrich, 93

Krieger, Leonard, 86

Krohn, Claus-Dieter, 259–262

labor theory of value, 28–32

Lachmann, Ludwig, 7, 8, 97

on inequality, 12

Lacordaire, Henri-Dominique, 228

laissez-faire, 81–82, 156, 162, 201

as a political guideline, 246–253

Lange, Oskar, 20

Langton, Stephen, 92

Laski, Harold, 256

Lassalle, Ferdinand, 34, 311–312

Law and Revolution (Berman), 91

Law of Force, The (Wieser), 33

Leggett, William, 211–212

Lenin, Vladimir, 264

Levellers, 93–94, 333

Levy, Carl, 124

liberalism, ix, x, xiii, xiv, xv, 1, 23

American liberalism, 73

attack on the modern state liberal response, 93–96

Christian roots, xvi

conceptual misuse, 68–75, 84

differing definitions of, 70–71, 81

“means” of liberalism, 83

and the medieval Church, 90–93

“Old” vs. “New,” 81–85

religious freedom, 94

roots of authentic liberalism, 89–90

utilizing the “ideal” type of, 97–102

and the welfare state, 85–89

Liberalism (Mises), xxi, 255–293

libertarianism, 73–74, 75

liberty, 77

Lilburne, John, 93

Limits of State Action, The (Humboldt), 12, 87

List, Friedrich, 47

Locke, John, 15, 150–151

Lomansky, Loren, 78

Looking Backward (Bellamy), 84

Lord Acton, xx, 85, 90

Loria, Achille, 29

Lukes, Steven, 80–81

Lycurgus Myth, 26–27

Lyon, Eugene, 171

Mably, 27

Macedo, Stephen, 229

Macgregor, D. H., 246

Machlup, Fritz, 3

macroeconomics, 9–10

Madison, James, 333

Magna Carta, 92

Mahan, Alfred Thayer, xxii

Malia, Martin, 134

Manent, Pierre, 67, 89

Manifesto of the Communist Party, xix, 121, 183, 256

Mann, Golo, 121

Manning, David, 77

Mao Zedong, xvii

Marcks, Erich, 324–325

Marcuse, Herbert, 258

marginal utility theory, 32, 37, 41, 138

marginalism, 12, 27, 29

as an answer to socialism, 27–28

market economy, 22–23

market processes, 10

Marshall, Alfred, 246–247

Marx, Karl, xv, xix, 4, 121, 183–188, 199–201, 209, 252

Marxism, xiv, 7, 199–201

Marxism-Leninism, 134

Meek, Ronald L., 7, 30

Mehring, Franz, 187, 309

Mencken, H. L., 173

Menger, Karl, 3, 5, 9, 32, 33

order in society, 23–27

political positions, 33–34

social development, 24

social philosophy, 46–51

view of the capitalist system, 23

mercantilism, 150–151, 153, 195

Merquior, José, 72–73

methodological individualism, xiv, 3–7

Meyer, Alexander, 327

Mignet, François, 206–207

militarism, 332–338

Mill, John Stuart, xv, xvi, 12, 28, 47, 49, 82, 86, 165, 225, 257

distortions of liberalism, 76–81

Mirabeau, 87

Mises, Ludwig von, ix, x, xi, xiv, xvii, xxi, 2, 35, 38, 39, 75, 114, 125, 141

apriorism, 13–18

attacks on, 13–15

against interventionism, 21

critique of socialist planning, 19

on Fascism, democracy, and imperialism, 255–293

on immigration, 289–292

on inequality of humans, 12, 21

on intellectuals and anti-market

attitudes, 126–128

praxeology, 14

on reason and history, 44–45

Mises seminar, x

Molinari, Gustave de, xxi, 234–235, 238–246, 283

Montalembert, Charles, Comte de, xix, xx, 230–238, 245

Montesquieu, 201

Montlosier, 190

morality in economics, 2, 3

Morgan, Philip, 269

Morgenstern, Oscar, 32

Muggeridge, Malcolm, 171

Myers, A. R., 92

National Liberals of Imperial Germany, 69

Naumann, Friedrich, 69–70, 322–324

neoclassical economic theory, 8

minimizing the individual, 8–9

Niebuhr, Reinhold, 24

Nitti, Francesco, 265

Nolte, Ernst, 302

North, Douglass C., 136–137

Nozick, Robert, 116

Nyiri, J. C., 44

O’Donnell, 159

On Liberty (Mill), xvi, 12, 79, 257

Open Society and Its Enemies, The (Popper), xv, 16

Opium of the Intellectuals, The (Aron), 120

order

in society, 23–27

spontaneous, 24–27

Oriental Despotism, xxi–xxii

Paine, Thomas, 99

Pantaleoni, Maffeo, 273

Pareto, Vilfredo, 8, 12, 185, 279–284

and fascism, 265, 274–276

Partei der Freiheit, Die (The Party of Freedom), ix, x, xxii

Patterson, Annabel, 94

Paul, Ellen, 86

Peacock, Alan, 162

Pictures of a Social Democratic Future (Richter), 310

Pipes, Richard, 135

“police science,” 87

Pollard, Arthur, 140

Popper, Karl, xiv, xv

mislabeled a liberal, 16–18

Positive Theory of Capital, 34

positivism, 124

praxeology, 2, 14

Principles, (Mill), 49

Principles of Economics (Menger), 1, 28

private property, xiii, xv, 71, 73, 153, 256

progressive taxation, 32, 35, 37, 41

public schools see education system

Radnitzky, Gerard, 17

Raeder, Linda, xv, 79

Raico, Ralph, ix–xi, xiii–xxiii

Rauschning, Hermann, 135

Rawls, John, 257

rhetoric, 138 see also ideology

Ricardo, David, 28

labor theory of value, 28

Richelieu, 208

Richter, Eugen, x, xxii, 303–329

career, 306–307

opposition to Sozialpolitik, 312–314

social philosophy, 307–310

on war and imperialism, 318–319

Riehl, Wilhelm Heinrich, 123–124

Rise and Decline of Western Liberalism, The (Arblaster), 74

Rise of Liberalism (Laski), 256

Road to Serfdom, The (Hayek), 42, 119, 157

Robbins, Lionel, 246

Robinson, Joan, 37

Roosevelt, Franklin, 164

Roosevelt, Theodore, xxiii, 334

Röpke, Wilhelm, 155

Roscher, Wilhelm, 31

Rosen, Sherwin, 20

Rosenberg, Nathan, 18

Rothbard, Murray, x, xi, 7, 30, 34, 45, 94, 129–130, 153, 156, 219, 260–261

on the free market and social order, 23–24

Rousseau, Jean-Jacques, 26

Rowley, 150, 157

Ruggiero, Guido de, 68, 256

Ruyer, Raymond, 122–123, 130

Ryan, Alan, 75, 76

Saint-Simon, Henri de, 6, 79, 189

Salerno, Joseph, 158

Sartori, Giovanni, 137

Savigny, 24

Say, J. B., 31, 47, 185

Schacht, Hjalmar, 164

Schäffle, Albert, 26

Schatz, Albert, 100

Schlesinger, Arthur Jr., 112–113

Schmoller, Gustav, 5, 6, 24, 48

Schoeck, Helmut, 128–129

Schumpeter, Joseph, 81, 115, 119, 132, 138, 248–249, 287, 293, 338

on the intellectual proletariat, 121–126

scientism, 6

self-image, 138

Sen, Amartya, 138

Shaw, George Bernard, xiv

Shearmur, Jeremy, 17–18

Short View of Russia, A, 166

Silverman, Paul, 35

Skidelsky, Robert, xvii, 98, 120, 154, 157, 162, 166

Skocpol, Theda, 213

Smith, Adam, 33, 34, 50, 99, 112, 132, 240

social philosophy, 46–47

Smith, David, 82

Smith, Dennis Mack, 270

Social Contract (Rousseau), 26

socialism, 82–83

as a negative label, 84

socialization of investment, 153

Sombart, Werner, 325

Sonnenfels, Joseph von, 87

Sorokin, Pitirim, 183–184

Soviet Communism: A New Civilization (Webb), xviii, 168–171

Soviet Communism, 134–136, 166–171

Spartan Man, 26

Spencer, Herbert, 9, 69, 72, 89

Spitz, David, 72

spoliation, 188, 194, 249, 278

Stalin, Joseph, xvi, 164–165

state intervention in the economy, 11, 247

collective economy, 41–43

credit expansion, 20

instability of, 21

Stigler, George, 116, 120, 128, 130–133, 136

Streissler, Erich, 15, 21, 29–31, 38

analysis of Menger’s social policy, 46–51

on Austrian theory and Menger, 32–34

strikes, 265–266

subjective theory of value, xiv, 29

scientific usefulness of, 36

subjectivism, 7–12

effects on policy, 9–10

Sulzbach, Walter, 288–289

Sumner, Charles, 334

Szasz, Thomas, 81

taxation, 92

Taylor, Harriet, 78

Taylor, John, 211

Theory and History (Mises), 45

Thierry, Augustin, xiii, xix, 187–189, 193, 205

and Industrialism, 201–204

rejection of Industrialism, 207–209

Thiers, Adolphe, 207

Third Estate, 195, 205–209, 255

Tocqueville, Alexis de, xx, 226–228

Tollison, Robert D., 132

Traders and Heroes (Sombart), 325

Traité de l’ économie politique (Say), 190

Traité de police (De la Mare), 87

Treatise on Money (Keynes), 172

Treatise on Political Economy (Destutt de Tracy), 189

Trilling, Lionel, 70

Trotsky, Leon, 160

True Grandeur of Nations, The (Sumner), 334

Turner, Henry Ashby, Jr., 140–141

union violence, 265–266

universalized conscription, 241

utility, 37, 132, 191, 193, 196

see also marginal utility theory

Vaughn, Karen, 20, 151

Verein für Sozialpolitik (Association for Social Policy), 38, 42, 125

Viner, Jacob, 92

Vleugels, Wilhelm, 36–37

voluntary exchange, xv

Wagener, Otto, 163

Walter, Bruno, 327

Warner, Stuart D., 71

Webb, Sidney and Beatrice, 158, 169–172, 175

Weber, Max, xv, 2, 72, 97, 99, 317

Webster, Daniel, 334

Weiss, Franz X., 22, 38

welfare economics, 10–11

welfare state, xv, xxii, 41–43, 74, 124–125, 323–324

and liberalism, 85–89

stages of, 87–88

Werner, Karl Ferdinand, 93

Weydemeyer, Joseph, 186

White, Lawrence H., 4, 8

Why the Intellectuals do not Like Liberalism (Boudon), 123

Wicksteed, Philip, xiv

Wieser, Friedrich von, 5, 6, 21, 32, 41

on socialism, 27–28

Winch, Donald, 157

Winter in Moscow (Muggeridge), 171

Wittfogel, Karl, xxi

Yeager, Leland, 9