The Economics and Ethics of Frederick Nymeyer

Timothy D. Terrell

Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016): 267–287

ABSTRACT: Frederick Nymeyer (1897–1981) was a Chicago businessman who supported Austrian scholarship through his publication and marketing of work by Mises and Böhm-Bawerk. Part of his legacy is Libertarian Press, which Nymeyer founded to promote Austrian economics at a time when it was virtually unknown in the United States. A Calvinist in a Dutch Reformed denomination, Nymeyer also self-published a large number of articles applying economic thought to ethical issues in an effort to combat the growing affinity for socialist ideas among Protestants. Nymeyer saw close connections between Misesian ideas and biblical law, which he elaborated upon in his 1964 book Minimal Religion. This paper summarizes and contextualizes some of Nymeyer’s most prominent themes in his writing.

KEYWORDS: Frederick Nymeyer, entrepreneurship, Austrian School, libertarianism, religion
JEL CLASSIFICATION: B31, B53, Z12

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Meet the Author
Timothy Terrell
Timothy D. Terrell

Timothy Terrell is professor of economics at Wofford College in Spartanburg, South Carolina. He is assistant editor of the Quarterly Journal of Austrian Economics and is a Senior Fellow of the Mises Institute.

Timothy D. Terrell

"You go to college not so much because of the educational characteristics, and maybe not just because of the signaling, but maybe because it's just a lot of fun."

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References

Terrell, Timothy D., “The Economics and Ethics of Frederick Nymeyer,” Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016): 267–287.