Politicians in the US and elsewhere appeal to envy as they demand destructive wealth taxes to be levied on billionaire business owners.
Jesús Huerta de Soto
Jesús Huerta de Soto Ballester is one of the most internationally recognized contemporary representatives of the Austrian School of Economics and anarcho-capitalist theory. He is a Professor of Political Economy at the Rey Juan Carlos University in Madrid, where his research and teaching focus on dynamic efficiency, entrepreneurship, capital and monetary theory, the business cycle and the theory on the impossibility of statism.
Among his most prominent books are: Socialism, Economic Calculation and Entrepreneurship (Cheltenham and Northampton: Edward Elgar, 2010), The Austrian School: Market Order and Entrepreneurial Creativity (Cheltenham and Northampton: Edward Elgar, 2008), The Theory of Dynamic Efficiency (London and New York: Routledge, 2009), Money, Bank Credit and Economic Cycles 4th ed. (Auburn, AL: Ludwig von Mises Institute, 2020), Statism and the Economy: The Deadliest Virus (London and New York: Routledge, 2024), and his Lectures on Austrian Economics Vols. I & II (Cham, Switzerland: Palgrave Macmillan, 2024). Altogether, Professor Huerta de Soto’s scientific books and articles have been translated and published in twenty-one different languages.
Professor Huerta de Soto plays a leading role in building academic activities and institutions related to Austrian Economics in Spain and worldwide, including the founding of the journal Procesos de Mercado, the only Master and Doctoral programs in Austrian Economics with full validity in all the European Union, and the “Fundación Jesús Huerta de Soto Ballester” exclusively dedicated to supporting international academic and research activities on Austrian Economics and Anarchocapitalism.
Among Professor Huerta de Soto’s thousands of academic disciples and intellectual followers, the current president of the Argentine Republic, Javier Milei, is one of the most outstanding.
In 1983, he was awarded the “Rey Juan Carlos” International Prize in Economics, presented by His Majesty the King; in 2025, he was decorated by the President of the Argentine Nation with the “Orden de Mayo al Mérito” (Order of May for Merit), a distinction granted for his effort and contribution to the progress, welfare, and culture of Humanity. “Adam Smith” Award granted by the C.N.E. of Brussels (2005); “Franz Cuhel Memorial Prize for Excellence in Economic Education” awarded by the University of Economics, Prague (2006); “Gary G. Schlarbaum Prize for Liberty” (Salamanca, 2009); Doctor honoris causa in Social Sciences from Francisco Marroquín University (Guatemala, 2009); Medal of “Foment del Treball Nacional” (Barcelona, 2010); Doctor honoris causa from “Alexandru Ioan Cuza” University of Iaşi (Romania, 2010); Doctor honoris causa from the Financial University under the Government of the Russian Federation, Moscow, founded in 1919 (Russian Federation, 2011); gold “Hayek-Medaille” granted by the Hayek Gesellschaft (University of Göttingen, 2013); “Juan de Mariana” Award (Madrid, 2016); “Escuela de Salamanca” Award (Salamanca, 2018); Doctor honoris causa from the “Escuela Superior de Economía y Administración de Empresas” (ESEADE) of the Autonomous City of Buenos Aires (Argentina, 2025); “Faro de la Libertad” Award granted by the Humanities and Social Sciences Center of the Universidad del Desarrollo, Santiago de Chile (2025); “Juventud Hispanoamericana por la Libertad” Award granted by the Red Hispanoamericana por la Libertad (Argentina, 2025); and Doctor honoris causa from the “Universidad Nacional Mayor de San Marcos” of Lima (Peru, 2026).
