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Theory of Money and Fiduciary Media

March 13, 2013
Edited by Jörg Guido Hülsmann, the essays here presented provide insights for understanding the economic crises of our own time.

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The Great Austrian Economists

November 22, 2008
This collection presents ideas from the full sweep of this intellectual history, highlighting fifteen thinkers who made the greatest contribution to advancing the Austrian School of economics.

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Lessons for the Young Economist

March 10, 2011
Murphy's textbook prepares the student for both conventional economic studies in the future, and provides the logical rigor and policy clarity that only the Austrian School perspective can offer...

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Lessons for the Young Economist Teacher's Manual

February 29, 2012
This is the teacher's manual to accompany the student textbook, Lessons for the Young Economist. The manual follows the student text very closely (the student text is needed separately, either in physical form or PDF). For each section within a chapter, the manual may give the historical...

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White contra Mises on Fiduciary Media

May 14, 2010
"Mises's desideratum was thus not a 'neutral' money, or even a practical approximation of it; rather, it was the complete elimination of 'human influence' on the purchasing power of money."...

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Economists and their Frameworks

May 5, 2008
As with everything else in life, competition among conceptual frameworks is very healthy, since it can quickly highlight when an economist is likely abusing his favorite technique.

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Prohibition and the Economists

September 16, 2006
History reveals that prohibitions are indeed classic examples of the co-opting of public-spirited intentions by rent seekers within the political process, thereby explaining the existence of what at first appears to be irrational policies.

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Economists for Bush?

August 28, 2000
Mark Thornton explains why he won't sign a statement endorsing Bush's economic plan...

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Learn about the Classical Economists

April 6, 2012
David Gordon will be teaching a 6-week online course at the Mises Academy on volume 2 of An Austrian Perspective on the History of Economic Thought .

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Francis Wayland: Preacher-Economist

February 8, 2007
His emphasis on property, capital, entrepreneurship, and above all, his commitment to human action and not government action, makes his long-forgotten work on economics worthy of a revival.

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15 Great Austrian Economists

November 9, 1999
Richard Posner, often said to have free-market sympathies, will mediate the Microsoft case. But he can't be trusted to defend property rights, says Walter Block...

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Against Fiduciary Media

Almost all contemporary Austrian economists are united in their opposition to central banking and their advocacy of a system of free competitive banking.

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Formats

qjae1_1_2.pdf

PDF (1.9 MB)

Undue Aggregation Isn’t Just for Economists

May 18, 2015
Medicine has gone the way of economics in preferring aggregates to specifics, although such methods do little to explain the needs of individual patients. On the other hand, the turn toward large-scale aggregation does help the government to centrally plan health care policy.

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The 'New Economists' and the Great Depression of the 1970s

May 7, 2004
The 1970s were the turning point, writes Mark Thornton, in the wrong direction. Under Keynesian guidance, gold was abandoned, prices increased, and the dollar rapidly depreciated.

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How to Think Like a Good Economist

August 19, 2011
The basic principles of Austrian economics are easy to learn.

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Mises's Favorite Anglo-American Economists

October 18, 2006
Clark's enduring contribution to Mises's intellectual development and to Austrian economics was in being the first to perceive and explicitly argue that the starting point of theorizing about causal economic laws was the imagining of what he called a "static state," that is, a...

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The Neglect of Bastiat's School by English-speaking Economists

August 26, 2006
It is clear, then, that the image of Bastiat's school that has been handed down in the Anglo-American doctrinal literature is one that has been deliberately distorted by its doctrinal enemies and is in desperate need of extensive revision.The liberal school was neither analytically sterile nor...

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Austrian Economists as Denizens of the Popular Press

March 25, 2003
Should scholars bother to write for the popular press? Of course. Mises wrote: "Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of...

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Review of Econospinning: How to Read Between the Lines When the Media Manipulate the Numbers. By Gene Epstein

Economists are familiar with the cliche' "lies, demand lies, and statistics," which puts statistics at the top of the pyramid of lies...

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Formats

qjae10_3_5.pdf

PDF (405.02 KB)