Tax Tyranny by Pascal Salin Cheltenham, UK: Edward Elgar, 2020, 224 pp. Jörg Guido Hülsmann (guido.hulsmann@univ-angers.fr) is Professor of Economics at the University of Angers. Pascal Salin is one of the most important Continental European economists. Throughout his career, he has developed and defended the principles of a free society against
Volume 1, No. 1 (Spring 1998) This Festschrift is dedicated to one of the outstanding champions of liberty in Germany. For most of his scientific life, Gerard Radnitzky has been known as a philosopher of science in the tradition of Karl Popper. In recent years, however, he has won a reputation as a staunch defender of individual liberty through
Volume 1, No. 3 (Fall 1998) Pascal Salin’s (1998) critique of my article “Free Banking and the Free Bankers” (1996) raises several important issues about the theory of banking. However, I think that a closer look at them strengthens rather than weakens the case for a 100-percent-reserve system. Salin claims that under 100-percent-reserve banking
Volume 1, No. 4 (Winter 1998) One of Ludwig von Mises’s most important contributions to economic science was the business cycle theory that he first presented in his Theory of Money and Credit (1981, ch. 19, esp. pp. 338ff.). This theory has been elaborated by Mises himself and received important additions through the hands of Friedrich A. Hayek
Volume 2, No. 2 (Summer 1999) Economic growth is determined by two elements, (a) by the available quantities of goods that can be used in the productive process and (b) by the adroitness with which these available factors of production are combined. Dealing with element (b), Randall G. Holcombe[1] has recently emphasized the importance of
Volume 2, No. 4 (Winter 1999) Caplan arrives at the startling conclusion that the Austrian approach, despite the efforts, is less realistic than the neoclassical approach that flourished in the age of benign neglect for realism. A discussion of these views is highly useful given the growing interest in economic realism. In this article, we
Volume 3, No. 1 (Spring 2000) In this new offering, Rojas tends to downplay the existence of any net capital movements and to argue that, if such net capital movements existed at all, they operate only in favor of the capitalist West. Clearly, this contradicts the facts that Rojas himself points out with so much emphasis. Most importantly,
Volume. 3, No. 2 (Summer 2000) The step-by-step analysis in Dinero, Crédito Bancario y Ciclos Económicos , which starts from legal distinctions and then proceeds to discuss related economic issues, has a decidedly Rothbardian twist. Huerta de Soto’s solid elaboration of his arguments along these lines makes his treatise a model
Volume 3, No. 4 (Winter 2000) Economic science, as handed down to us from Menger and Mises, explains observed human behavior by referring to other features of the real world. Both the phenomenon to be explained and the explanation itself are thus strictly realistic—a charm and advantage of the Menger-Mises approach as compared to other approaches.
Volume 4, No. 3 (Fall 2001) Garrison has a vivid sense for the necessity of adequate pedagogy to communicate Austrian ideas about the working of the economy, and he is very conscious of the power of symbols. His book is a great pedagogical effort aimed at replacing the dominant graphical representation of main macroeconomic relationships-the
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.