Mises Introduces the Austrian School
"What distinguishes the Austrian School and will lend it everlasting fame is its doctrine of economic action, in contrast to one of economic equilibrium or nonaction."
"What distinguishes the Austrian School and will lend it everlasting fame is its doctrine of economic action, in contrast to one of economic equilibrium or nonaction."
Interviewed by Michael Beitler on the “Free Markets” internet radio program; 20 November 2008.
"Mises must be compared to thinkers like Voltaire or Montesquieu, Tocqueville and John Stuart Mill."
As Mises relates in the present book, he had early on adopted the principle of never writing about the personal moral shortcomings of his opponents, of focusing instead on their intellectual errors in order to combat the latter more effectively.
Since both the New Left historians and the libertarian historians derived from Beard and Barnes, it might be expected that their scholarly and polemical paths would cross — that they would know of each other and, perhaps, even collaborate on projects of mutual interest and benefit.
"Since the name leftist had become identified with the struggle of the individual against the tyranny of government, the new tyrants continued to use that good name for their own purposes."
From My Years with Ludwig von Mises, pages 143-167. Narrated by Amber Cathey.