The Free-Market Economics of the Late Scholastics
The view of medieval economic thought in which theologians encouraged the setting of "just prices" did not survive de Roover's reevaluation.
The view of medieval economic thought in which theologians encouraged the setting of "just prices" did not survive de Roover's reevaluation.
Henry Hazlitt brought the English-speaking world's attention to these remarkable works.
Austrians have a different way of understanding history. For Rothbard, for example, a particular price datum is, no less than the Spanish-American War, a historical event, and its causes must be traced back to the subjective aims governing human plans and choices.
Strigl's 1934 contribution to Austrian capital theory is brought to the English-speaking world for the first time.
Presented in Vienna, Austria, on 19 September 2011. Includes an introduction by Douglas E. French.
Presented in Vienna, Austria, on 19 September 2011. Includes an introduction by Douglas E. French.
Presented in Vienna, Austria, on 20 September 2011. Includes an introduction by Douglas E. French.
It's a bit odd for the economics profession right now to be celebrating two scientists for their work in helping policymakers steer the macroeconomy.
Ludwig von Mises has safeguarded the foundations of a rational economic science.
Just as the interventions of the Hoover administration in the early 1930s led to a massive increase in government under the New Deal and the abandonment of the gold standard, so too have the "stimulus" packages gotten us to the point where raw money printing is a policy option.