In recent years, Posner abandoned his rational-choice approach in law for what he has been calling “pragmatism.” Keynes also thought of himself as a pragmatic, nondoctrinaire person.
I have spent my academic career in the economic analysis of law and in the broad area of “political economy.” I am not a macroeconomist. So why have I been writing and speaking on this subject in...
The conceptualization of man as engaging in purposeful activity is inconceivable apart from the categories of cause and effect. Unless the means chosen can affect the ends desired in some way, there is no point at all to human action. The categories
Mario Rizzo is a professor in the Department of Economics at NYU–where he was Bob’s dissertation chair. He talks about how he found the Austrian School and his own contributions to economics.
What is the Mises Institute?
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.