The usually sensible Larry White recently blogged a silly and petty comment on Hans Hoppe’s Mises Daily Article “ The Yield from Money Held’ Reconsidered. “ White quoted the following two (consecutive) paragraphs from Hoppe’s article: The second example [of supposed anti-Hutt thinking] is from closer at home, i.e., from the proponents of “free
It has always been very difficult to get a read on Masonomics, that is, the style of economics taught at George Mason University, generally under the term “Austrian Economics.” But thanks to Pete Boettke’s prodigious blogging, we learn more and more about it every day. Pete has in the past referred to research at GMU as “a stew of Menger,
Those searching for a Ph.D. that will allow them to pursue an academic career in Austrian economics should read Michael Rozeff’’s article on LewRockwell.com . Although the topic of the article is “Stimulus as Seen through Becker’s Chicago Lens,” Dr. Rozeff provides in passing an instructive description of his own graduate education at the
The Free Market 27, no. 6 (June 2009) The Summer Fellowship Program has grown by leaps and bounds since its founding by Professor Guido Hülsmann in 2000. This year the program includes eighteen young men and women from the United States, Canada, Germany, Spain, France, Turkey, Denmark, Poland, and the Czech Republic. Their disciplines range
[Introduction to the Second Edition of Man, Economy, and State with Power and Market ] Murray Rothbard began work on this magnum opus on January 1, 1952. [1] On May 5, 1959 Rothbard wrote to his mentor, Ludwig von Mises, informing him, “È finito!” [2] The more-than-seven years that it took Rothbard to complete Man, Economy, and State elapsed
[Introduction to the Third Edition of A Tiger by the Tail by F.A Hayek. An MP3 audio version of this article, read by Floy Lilley, is available for free download .] The small book you are holding in your hands is unique. It is perhaps the finest introduction to the thought of a major thinker ever published in the discipline of economics. What
Notes from the Mises Institute Summer Fellowship Program 2009 Left to Right: Joe Salerno, Josh McCabe, Dave Howden, Edward Perry The Summer Fellowship Program has grown by leaps and bounds since its founding by Professor Guido Hülsmann in 2000. This year the program includes eighteen young men and women from the United States, Canada, Germany,
“The Depression was the first time in the history of the U.S. that wages did not fall during a period of significant deflation.” –UCLA economist Lee E. Ohanian In America’s Great Depression , originally published in 1963, Murray Rothbard argued that the recession-adjustment that began in 1929 was greatly worsened and turned into a full-blown
My friend Peter Boettke is at it again. Pete is notorious for flippantly propagating gross distortions of the history of the modern Austrian revival. In a recent talk on “Socialism and Transition” at the Foundation for Economic Education Pete is caught in the midst of a discussion of incentives and socialism making the following jaw-dropping
In the past year I have noticed a gratifying trend among undergraduates interested in Austrian economics that bodes well for the future of Austrian economics as a challenger to the prevailing positivist orthodoxy for the title of “mainstream economics.” Here are a few examples of this trend in the past month. This past Thursday I was invited to
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.