Mises and Rothbard on Credit Contraction during a Downturn

Patrick Newman at the Human Action Conference, 2024

05/17/2024 Patrick Newman

“Read the great book of Mises. It’s the foundation that all of us have tried to develop and defend: the praxeological edifice of economic theory.”

Presented at the 2024 Human Action Conference on Friday, 17 May 2024, at the Mises Institute in Auburn, Alabama.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.