The Austrian School’s Critique of Marxism
Marxism was never a good idea "in theory." As Mises explained, it is a mess both in theory and in practice.
Marxism was never a good idea "in theory." As Mises explained, it is a mess both in theory and in practice.
"Different people and the same people at different times value the same objective facts in a different way."
I am sorry to report that Leland Yeager passed away on April 23, at the venerable age of 93.
Dr. Yeager presented this private seminar to graduate students at Mises University in 2012.
The real founders of economic science actually wrote hundreds of years before Adam Smith.
There is much to learn about Ludwig von Mises form his writings on economic conflicts of those years between the two World Wars.