In the first chapter of Classical Liberalism and the Austrian School , Ralph Raico considers the connection between Austrian economics and laissez-faire. For the most part, the early Austrian economists Menger and Bohm-Bawerk, stuck to pure theory, and did not venture much into advocacy. Just how liberal they were is a fascinating question that
A message on behalf of Professor Gerard Casey: “Would the person who emailed Gerard Casey in early March concerning political options for libertarians and who didn’t receive a reply, please resend his original message. The original message was inadvertently
What is “ The Secret To Germany’s Low Youth Unemployment “? Apprenticeship programs, says NPR. Absolutely no mention of the fact that Germany has no statutory minimum wage as of yet (although Merkel wants
Join Walter Block on Friday, May 4 at 7pm Eastern for a private webinar on Free Market Environmentalism . Dr. Block writes: All too often free enterprise is blamed for environmental problems. I will demonstrate that the real problem is statist takeovers of private enterprise and violation of private property rights. Examples to be discussed: air
Austrian economist John Cochran was interviewed for “La Escuela Austriaca desde Adentro” (The Austrian School from Inside), Vol. III edited by Adrián Ravier, which is scheduled for publication later this year. Here is that interview. Dr. John P. Cochran is Emeritus Dean-School of Business and Emeritus Professor of Economics at Metropolitan State
In a Supreme Court of India case concerning that country’s tyrannical Right of Children to Free and Compulsory Education Act , the dissenting judge, S. H. Kapadia a judge cited Rothbard: Mr. Murray N. Rothbard, an eminent educationist and Professor in Economics, in his Book “Education: Free and Compulsory” [1999, Ludwig von Mises Institute,
John Aziz has posted “ A Critique of the Methodology of Mises & Rothbard .” He objects to Mises’ statement that: Our statements and propositions are not derived from experience. They are not subject to verification or falsification on the ground of experience and facts. by averring: This is completely wrongheaded. All human thought and action is
Robert Wenzel writes : Although he has some libertarian tendencies, Steve Forbes has to be classified as establishmentarian versus libertarian, which makes his latest book all the more interesting. In his new book, Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t, written with co-author Elizabeth Ames, not only are Ludwig von
CNBC’s John Carney schools Krugman and other critics of the gold standard on the Austrian rejection of the chimera of price stability (the Monetarist half of the Fed’s “dual mandate”), citing Rothbard, Salerno, and Herbener (emphasis added): In a piece for the Atlantic , Matthew O’Brien attempts to demonstrate “Why the Gold Standard Is the World’s
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.