Mises Search

Ludwig von Mises was the greatest economist of the twentieth century, but often readers are reluctant to tackle his major works. They fear that they will be unable to follow that abstract and relentless theoretical progression of, e.g., Human Action and The Theory of Money and Credit . For readers like this, and for anyone else who admires Mises,

What caused the war? Why did the Union defeat the Confederacy? What were the consequences of the War? The premise of the book is that historians have a comparative advantage in describing such events, but economists have the tools to help explain these events. This book does so, and marvelously. The authors use Austrian and Public Choice analysis

Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) ABSTRACT: There is an emerging literature on the subject of skyscrapers and business cycles. Lawrence (1999) first noticed the correlation between important changes in the economy and the building of record-breaking skyscrapers. Thornton (2005) established a theoretical link between

It is conventional wisdom that alcohol prohibition failed, but the economic reasons for this failure have never been as extensively detailed or analyzed as they are in this study by Mark Thornton. The lessons he draws apply not only to the period of alcohol prohibition but also to drug prohibition and any other government attempt to control

Thornton, Mark, The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century (Auburn, Ala.: Mises Institute, 2018). In the wake of the financial crisis of 2008, the economics profession suffered a blow to what reputation it had. But unlike most of his colleagues, Mark Thornton was vindicated by