History of the Austrian School of Economics

Mises knew that Vienna was in even worse shape than after World War I, and this time lacked the leadership to prevent the rampant socialization of the entire country.

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Finally, the dramatic collapse of Communism and the Cold War in 1989, and the subsequent rethinking among both conservatives and libertarians, has recently aroused interest in The Betrayal.

Mises was two months shy of his fifty-ninth birthday. He had left Vienna some years earlier, escaping only days before the Nazis ransacked his apartment, confiscated his records, and froze his assets. He had hoped to be safe in Geneva. Now nowhere in Europe seemed safe.

Recorded at the 2007 Mises University, Jörg Guido Hülsmann discusses the life of Ludwig von Mises.

Here is Google’s world map of places mentioned in The Last

The Austrian economists unconditionally rejected the logical relativism implied in the teachings of the Prussian Historical School.

The vast majority of people who have learned anything about economics have relied on Bastiat or publications that were influenced by his work. This collection — possibly more than anything ever written about economics — is the antidote for economic illiteracy regarding such things as the inadvisability of tariffs and price controls, and everyone from the novice to the PhD economist will benefit from reading it.

Faced with this shattering blow, Baldy Harper never faltered; with unswerving and inspiring integrity, he determined to build the Institute for Humane Studies even without its promised endowment.

The fascinating history of this great body of thought, through all its ebbs and flows, is the story of how great minds can advance science and oppo