Austrian Economics Overview

Bettina-Bien Greaves took careful notes during Ludwig von Mises's New York seminars. Whenever he made a comment that suggested research paper or book, she jotted it down on a note card.

Murray Newton Rothbard (1926–1995) was one of the most important thinkers of the twentieth century.

From Speaking of Liberty, as narrated by the author, pp. 9-11.

From Speaking of Liberty, as narrated by the author, pp. 40-57.

Today would have been MNR’s 80th, as mentioned here and

I have the great pleasure to report that I am currently at the Universidad Francisco Marroquin (www.ufm.edu.gt) as a visiting professor teaching th

Here is my preface to the newly published Polish edition of Democracy--The God that Failed

Carl Menger, 1840-1921, founded Austrian economics. Eugen von Bohm-Bawerk was the most important student.  Weiser was his brother-in-law, but was fairly pre-Keynesian. Mises was the great successor to Bohn-Bawerk.

The essence of Austrian economics is based on the analysis of individual action. In other words, it is about individuals doing things, having purposes and goals and pursuing them. Other schools of economics deal with aggregates, groups, classes, wholes of one sort or another, without focusing on the individual first and building up from there.