Today marks 34 years since the passing of Ludwig von Mises, October 10, 1973. He was 92 years old. These obituaries are taken from Mises: The Last Knight of Liberalism , by Jörg Guido Hülsmann: The American Economic Review . In Memoriam: Ludwig von Mises, 1881–1973.’ 64:3 (June 1974) 518. Drafted (but unsigned) by Fritz Machlup: ‘Mises was
It appears that Garet Garrett’s main economic influence in his early education is Simon Newcomb (1835-1909), who is described here is an early marginalist, an advocate of laissez-faire, and an opponent of institutionalism. His book on economics is on google books . A brief look shows him to be a gold standard guy. Anyone else know anything about
Last Friday, an enthusiastic review of Jörg Guido Hülsmann’s Mises: The Last Knight of Liberty appeared in Frankfurter Allgemeine Zeitung , Germany’s top newspaper among non-tabloid dailies. The reviewer has definite reservations about Ludwig von Mises himself, and uses most of the review to criticize the great economist, but he has nothing but
Here I finally finished Mises: The Last Knight of Liberalism , by Jorg Guido Hulsmann. Reading the reports on Mises.org, I understand that with any work, there are criticisms to be had. I suppose I must joint he choir in saying that the greatest criticism was that it wasn’t long enough. There are so many questions that appear to my mind. While
If you remember, the two previous entries were about the problem of economic organization under capitalism and why this system of economic organization makes an integrated and comprehensive theoretical understanding of which a particularly distinctive task. A capitalist, division-of-labor, economic system is not at all like a Robinson Crusoe
Toshio Murata was a student of Mises in New York, and translated Human Action into Japanese. He is almost single-handedly responsible for creating an Austrian/Misesian movement in Japan. Marc Abela of Mises Japan sends us this update, along with some photos of this amazing man recently giving a presentation at age 90: Entering his 90s this year,
Best known as the coauthor of The Calculus of Consent: Logical Foundations of Constitutional Democracy (with Nobel Laureate James Buchanan) and the founding and long time editor of the journal Public Choice, Gordon Tullock died November 3rd at the age of 92. Tullock was a revolutionary thinker who pushed economic analysis into the study of such
Nathaniel Branden died today. He was for many years the leading follower of Ayn Rand and lectured widely on her philosophy of Objectivism. He and Rand split in 1968, and after that his main work was in the psychology of self-esteem. He was by all accounts a dynamic and effective lecturer. For a brief time, Murray Rothbard and his followers in the
Was Keynes, as Hayek maintained, a “brilliant scholar”? “Scholar” hardly, since Keynes was abysmally read in the economics literature: he was more of a buccaneer, taking a little bit of knowledge and using it to inflict his personality and fallacious ideas upon the world, with a drive continually fueled by an arrogance bordering on egomania. But
Whenever it comes to funding the government’s own perks and amenities, no expense is to be spared. Both civilian and military government employees are paid more than their private-sector counterparts with equal levels of job skills and education. High ranking government officials travel in luxury and receive generous pensions. Government
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.