Jörg Guido Hülsmann

Jörg Guido Hülsmann is a Senior Fellow of the Mises Institute, member of the European Academy of Sciences and Arts, and a corresponding member of the Pontifical Academy for Life. He is a professor of economics at the University of Angers, where he directs the Master in Law and Finance and codirects the double bachelor program in Law and Economics. He teaches classes on macroeconomics, money, banking, and finance. Dr. Hülsmann is the author of Abundance, Generosity, and the State (2023), Krise der Inflationskultur (2013), The Ethics of Money Production (2008), and Mises: The Last Knight of Liberalism (2007). His books and articles have been translated into twenty languages. His current research focuses on the political economy of financial markets, as well as on the theory of money and banking. More detailed information is available on guidohulsmann.com and in his CV.

Articles

Understanding the True Meaning of Charity

05/09/2024 The Misesian Jörg Guido Hülsmann

State-provided gratuitousness is not only sterile but positively harmful, the exact opposite of the gratuitous goods provided by free and responsible citizens. The truth is that generosity and abundance flourish in a free economy.

How the Debt Economy “Turns Us into Slaves of the State”

10/24/2023 Power & Market Jörg Guido Hülsmann

First of all, modern man, living in a price inflationary economy, in a debt economy, tends to be short-sighted and reductionist in his vision. He tends to be short-sighted because he needs to bring...

A Preface to the New Iranian Edition of Mises’s Epistemological Problems of Economics

10/06/2023 Power & Market Jörg Guido Hülsmann

Mises at first bcame a very promising disciple of the historicist approach in economics. But then he encountered the writings of Carl Menger, the fountainhead of the Austrian School. Mises came to conclude that Menger and his disciples were right.

Publications

How Inflation Destroys Civilization

05/01/2024 Jörg Guido Hülsmann

The notion that inflation is harmful is a staple of economic science. But most textbooks underrate the extent of the harm, because they define inflation much too narrowly as a lasting decrease of the purchasing power of money (PPM), and also because

Abundance, Generosity, and the State: An Inquiry into Economic Principles

03/20/2024 Jörg Guido Hülsmann

Human action is usually driven by the desire to obtain more for less, and, ideally something for nothing. This has sometimes been called the economic principle. The wish to “get free stuff” pervades all times and places, all sectors of the economy

The Morality of Fiat Money

01/03/2019 Jörg Guido Hülsmann

[ Excerpted from chapter 13 of Guido Hülsmann’s The Ethics of Money Production (2008).] 8. Some Spiritual Casualties of Fiat Inflation Fiat inflation constantly reduces the purchasing power of money. To some extent, it is possible for people to

Media

How Inflation Destroys Civilization

Jörg Guido Hülsmann

Fiat inflation leaves a characteristic cultural and spiritual stain on human society. Guido Hülsmann takes a closer look at some aspects of this legacy.

Conclusion

04/11/2025 Jörg Guido Hülsmann

The Conclusion to Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.

Chapter 12. Interventionism and Side-Effect Goods

04/11/2025 Jörg Guido Hülsmann

Chapter 12 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.