Volume 13, Number 3 (Fall 2010) Larry was a committed Austrian economist and passionate defender of the liberal economic order. At the time of his passing, he was a leading advocate of free banking and critic of central banking. A prolific and engaging writer, he authored many scholarly and popular articles on a wide variety of topics, ranging
Volume 16, Number 3 (Fall 1996) An Interview with Joseph T. Salerno Joseph Salerno, professor of economics at Pace University, is a leading figure in today’s growing Austrian School. He has been a pioneer in many fields, including monetary theory, comparative systems, the history of thought, and the economics of war. After the death of Murray N.
A Man of Principle: Essays in Honor of Hans F. Sennholz John W. Robbins and Mark Spangler, eds. Grove City, Pennsylvania: Grove City College Press, 1992. An important contributing factor to the resurgence of Austrian economics in the 1970s was the appearance of a handful of articles which drew the attention of the economics profession
“What in a communistic society is done upon a decision of the supreme economic council is in our individualistic society brought about by the collective but independent action of the individuals and carried out by the price mechanism.” Gottfried Haberler was one of the first economists to make a rigorous case for the superior productivity and
“All things are subject to the law of cause and effect. This great principle knows no exception.” INTRODUCTION Despite the many illustrious forerunners in its six-hundred year prehistory, Carl Menger (1840-1921) was the true and sole founder of the Austrian school of economics proper . He merits this title if for no other reason than that he
Hans Sennholz (February 3, 1922 - 23 June 2007), professor at Grove City College, was one of a handful of men in intellectual history who were able to perform both of these functions with notable distinction. J. B. Say, Frederic Bastiat, Carl Menger, Eugen von Böhm-Bawerk, Edwin Cannan, the early Lionel Robbins, Henry Hazlitt, William Hutt, Murray
Austrian Economics Newsletter , Vol 3, No. 1, Summer 1980. Fritz Machlup’s contributions to economics span a period of over 45 years. Born in 1902 in Wiener Neusstadt, Austria, he published his first book Die Goldkernwahrung (The Gold Exchange Standard) in 1925, the outgrowth of a dissertation written under the supervision of Ludwig von Mises at
Ludwig von Mises once wrote: “The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.” Hans Sennholz, professor emeritus at Grove City College, is one of a handful of
[ Originally published October 2006. ] While it was the reading of Menger’s path-breaking book, Principles of Economics , by Mises’s own account that turned him into an economist, it was his attendance at Böhm-Bawerk’s legendary seminar at the University of Vienna that awakened Mises’s creative genius and gave direction to his life-long research
Friedrich A. Hayek was barely out of his twenties in 1929 when he published the German versions of the first two works in this collection, Monetary Theory and the Trade Cycle and “The Paradox of Saving.” The latter article was a long essay that was to become the core of his celebrated book and the third work in this volume, Prices and Production ,
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.