World History
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Mises in One Lesson
Austrian economics has nothing to do with the economics of Austria. Austrian Economics (AE) began with Carl Menger in 1871. It is based on an analysis of individual action, not aggregates or groups.
The Role of the Intellectuals
The role of the intellectual is a perennial question. Why do they act the way they do? Why are they hostile to the free market? Is the state really virtuous and the market really vicious? Mises thought the anti-capitalist mentality was rooted in envy. He also thought our entire culture was soaked in contempt for money-making.
Historians, the State, and Liberty
Robert Higgs critically examines how academic historians have shaped—and often distorted—our understanding of the relationship between the state and individual liberty.
Theory and History
Economic theory is essential for understanding history. It is difficult to interpret data without economic theory. Theory cannot come from data. All states are aggressive. All wars require economic resources. More liberal states will pursue more aggressive policies. The biggest bullies will get away with murder.
