Thanks to Helio Beltrão and Instituto Ludwig von Mises Brasil for Definindo a Liberdade , the new Portuguese-language translation of Ron Paul’s book Liberty Defined: 50 Essential Issues That Affect Our Freedom . From the summary: O termo “liberdade” é tão comumente usado que se tornou um mero clichê. Mas será que sabemos o que significa
That’s the title of a new working paper by Per Bylund and me. It’s forthcoming in a special issue of the Review of Austrian Economics devoted to the contributions of Israel Kirzner. The Place of Austrian Economics in Contemporary Entrepreneurship Research Peter G. Klein and Per L. Bylund December 5, 2013 Abstract: We review the place of Austrian
Nelson Mandela, public face of the anti-Apartheid movement and South Africa’s first post-Apartheid president, has died. Much will be written about Mandela in the coming days, but little of it will deal directly with the Apartheid system, particularly its economic aspects. Apartheid is widely misunderstood as a system based purely on racial
Mike Konczal objects to the typical sequence of a first-year economics curriculum: a semester of microeconomics, studying individuals, firms, and markets, followed by a semester of macroeconomics, looking at the economy as a whole. Austrian economists generally reject the artificial distinction between micro and macro, as taught in the mainstream
Thanks to Felix Salmon for quoting me in his take-down of this embarrassing NYT piece on Craig Pirrong and Scott Irwin, two well-known economists who study commodity-market speculation. Basically, the reporter dislikes speculation (which he clearly doesn’t understand), so he assumes any expert with a different view must be a hired gun for various
This interview with Walter Block is a little old (May 2013), but we haven’t linked to it before. Some highlights of the interview include: Block contrasts Austrian economists as philosophers compared to “ normative “ economists which he characterizes as ethicists and empiricists. He highlights praxeology, the study of human interactions, as a
Philipp Bagus and Andreas Marquart have co-authored a new introductory text on monetary policy for German-language readers. Here’s a brief description: In Warum anderen auf Ihre Kosten immer reicher werden - und welche Rolle Staat und Papiergield dabei spielen (transl. Why You Pay For Others to Get Richer - And What the Government and Paper Money
by Llewellyn H. Rockwell, Jr. As 2013 draws to a close, let’s pause to recall some important developments for the cause of liberty – some of which you already know well, and others you’ll be hearing about for the first time. Edward Snowden . After sitting on the Bush-era warrantless wiretapping story for 18 months, the New York Times revealed a
[To complement Robert Murphy’s post today on economics and education:] From Human Action XXXVIII: by Ludwig von Mises In countries which are not harassed by struggles between various linguistic groups public education can work if it is limited to reading, writing, and arithmetic. With bright children it is even possible to add elementary notions
by Jacob Huebert Murray Rothbard, the great libertarian theorist and economist, hated Goodfellas . He especially hated the depiction of gangsters as “psychotic punks” whose violence was “random, gratuitous, pointless.” He preferred the Godfather films, where the gangsters never engaged in violence “for the Hell of it, or for random kicks,” but
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.