Louis M. Spadaro

Louis M. Spadaro (October 11, 1913 – May 3, 2008) was a friend and colleague of Ludwig von Mises, under whom he earned his PhD in economics. President of the Institute for Humane Studies and the founding dean of the Fordham University Graduate School of Business Administration, he taught economics at Fordham University since 1938. He was the author of the textbook Economics: An Introductory View (1969) and the editor of New Directions in Austrian Economics.

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Liberalism: Reclaiming the Term

Other Schools of ThoughtPhilosophy and MethodologyPolitical Theory

12/03/2012Mises Daily ArticlesLouis M. Spadaro

The word <em>liberal</em> has clear and pertinent etymological roots grounded in the ideal of individual liberty.

Averages and Aggregates

Philosophy and Methodology

12/16/2011Mises Daily ArticlesLouis M. Spadaro

Any serious doubt concerning the validity of aggregates and averages is a dagger aimed straight at the heart of current empirical research and statistical analysis.

The Present State of Profit Theory: Asset or Liability?

Free MarketsMonetary TheoryProduction Theory

05/31/2008Mises Daily ArticlesLouis M. Spadaro

"The rationality, the effectiveness, and the justice of public policy which taxes enterprise according to one assumption while it gears, say, profit-incentive policies to its opposite is at least dubious."