Academic Scribbling and Current Events

June 10, 2009
These are dark times, but the foundation has been laid for a classical-liberal renaissance. Policy after policy threatens us with short-run malaise, but I for one remain hopeful and optimistic.

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Have Events Vindicated Keynesian Models?

December 27, 2010
Paul Krugman took a macro forecast from Mark Zandi, and then after the fact compared it to the actual trajectory of GDP. Krugman concluded that Keynesian theory was vindicated, when in fact the results are more in line with what the critics predicted would happen.

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Review of When in the Course of Human Events: Arguing the Case for Southern Secession, by Charles Adams

The great value of Charles Adam's book, When in the Course of Human Events: Arguing the Case for Southern Secession , isthat it shows in careful historical detail that slavery did not cause this great tragedy...

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When in the Course of Human Events: Arguing the Case for Southern Secession, by Charles Adams

October 1, 2000
Charles Adams manifests in this excellent book a rare talent-he asks intelligent historical questions. Many today portray the Civil War as a struggle to end slavery.

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America’s First Business Cycle: A Reappraisal of the Recession of 1797 and the Macroeconomic Events of the 1770s

March 14, 2010
Recorded 13 March 2010 at the Ludwig von Mises Institute in Auburn, Alabama.

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Event Scholarships

The Mises Institute hosts Seminars, Circles, and other conferences throughout each year. With your generous support, deserving students have the opportunity to attend these unique events. Please provide donor information only. Students are selected by the Mises Institute.

Upcoming Austrian-School Events in Germany

BlogSeptember 18, 2014

Guido Hülsmann writes:

In January 2015, the Mises Institut Deutschland will conduct a “Mises Seminar” at a very prestigious venue: the German stock exchange in Frankfurt. This event is open to the public and has just been announced on their website:...

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Keep Up With the Week's Events on the Blog, Twitter, and Instagram

BlogJuly 18, 2014
We'll be regularly updating you on upcoming talks and events all week during Mises University beginning Sunday evening. See here for the free live video feeds, and the Twitter feed,...

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Mises University 20140603

Institute Events

Mises University

The world's leading instructional program in the Austrian School tradition. Nothing on the planet compares.

Mises Circles

The Mises Institute conducts one-day informative seminars around the country. These events are wholly sponsored by freedom loving,...

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Why Klein’s Book Is an Event to Celebrate

BlogMay 13, 2010

There are many reasons to be excited about Klein’s book. Guido Hulsmann mentioned in passing a few years ago just how rare it is for a new book to appear that focuses on pure theory in the Austrian tradition.

Guido estimated that it happens about every ten to fifteen years. There are...

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Business-Cycle Theory in the United States, 1860–1900

May 1, 1941
A detailed examination of the theories of booms, crises, depressions, and business cycles as written by authors in the United States during the period of 1860–1900. This is not a critical review but a statement of what was written about these events...

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The Gold Standard and Its Future

January 27, 1935
This book was originally written almost immediately after the suspension of the gold standard in Great Britain, and its general tone was, of course, profoundly influenced by that event, the full consequences of which could not be foreseen at the time.

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History of American Socialisms

August 4, 1961
It is certainly high time that Socialists should begin to take lessons from experience; and for this purpose, that they should chasten their confidence in flattering theories, and turn their attention to actual events.

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History of Crises Under the National Banking System

October 13, 1968
The crisis of 1873 was preceded by four years of general economic activity, which was by no means confined to the United States. In agriculture, manufactures, and transportation much real progress was made, but, as subsequent events proved, the pace was more rapid than was consistent with healthy...

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The Case for Capitalism

August 25, 1920
It is easy in these times to put the case against any existing institution. Most of us are in a highly critical mood, because we feel that during the last few years things have happened which ought never to have happened, and that these earth-shaking events were not well met and handled, especially...

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Revisionist Viewpoints: Essays in a Dissident Historical Tradition

May 27, 1971
From the publisher: Several of the essays gathered together in this volume received worldwide circulation, despite having been published originally in journals of extremely limited circulation. They drew a wide variety of complimentary comments from figures of some importance. Characteristic of the...

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F A Hayek

Biography of F. A. Hayek (1899-1992)

August 1, 2007
"A claim for equality of material position can be met only by a government with totalitarian powers." F. A. Hayek is undoubtedly the most eminent of the modern Austrian economists. Student of Friedrich von Wieser, protégé and colleague of Ludwig von Mises, and foremost representative of...

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Biography of Ludwig Lachmann (1906-1990): Life and Work

August 1, 2007
"The theory of capital lacks a simple dimension for the measurement of its subject matter. To some minds this makes it all the more attractive." Introduction: his life and work Ludwig Lachmann was a very unusual man. If you ever met him you would never forget him. He left a lasting...

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9. Risk, Uncertainty, and Insurance

Online Text Page from Man, Economy, and State, with Power and Market

Entrepreneurship deals with the inevitable uncertainty of the future. Some forms of uncertainty, however, can be converted into actuarial risk. The distinction between “risk” and “uncertainty” has been developed by Professor Knight.