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From the Editor—January/February 2024
Welcome to the first issue of The Misesian. We’ve decided to rename The Austrian magazine to emphasize how Ludwig von Mises remains at the center of everything that is today called the Austrian School of economics.
Understanding the True Meaning of Charity
State-provided gratuitousness is not only sterile but positively harmful, the exact opposite of the gratuitous goods provided by free and responsible citizens. The truth is that generosity and abundance flourish in a free economy.
The Importance of Hülsmann’s Groundbreaking book Abundance, Generosity, and the State
The importance of this book lies primarily in how it shows the interventionist state is at the root of Western society’s increasingly loathsome, self-destructive, and stingy culture.
The Homo Economicus Myth
It was a fundamental mistake . . . to interpret economics as the characterization of the behavior of an ideal type, the homo oeconomicus. According to this doctrine economics does not deal with the behavior of man as he really is.
The Last Conservative
Milton Friedman’s commitment to statistical analysis led him vehemently to oppose the economics of Ludwig von Mises and Friedrich Hayek, whom he regarded as the purveyors of a priori, “unscientific” theorizing.
The Failure of Conservatism
The neoconservatives are prime examples of what happens when the temptation to empire and hegemony, far from being resisted, is eagerly embraced by conservatives.