Nicolai J. Foss

Articles

March and Simon: Early Socialist Calculation Revisionists

01/17/2019 Power & Market Nicolai J. Foss

It is now commonly recognized that the majority of the economics profession for about four decades held an erroneous view of the nature of the “socialist calculation debate.” In particular, the nature...

Old Wine in Old Bottles? A Nobel for Clever Packaging?

10/17/2018 Mises Wire Nicolai J. Foss

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 was awarded October 8 to Paul Romer, Professor at New York University, “for integrating technological innovations into...

The Austrians, the Mainstream, and “Mainline” Economics

07/05/2017 Mises Wire Nicolai J. Foss

[A review of Peter Boettke’s Review of Living Economics: Yesterday, Today, and Tomorrow. A selection from the Fall 2016 issue of the Quarterly Journal of Austrian Economics] This is a book about the...

Publications

Review of Living Economics: Yesterday, Today, and Tomorrow by Peter Boettke

01/11/2017 Nicolai J. Foss

Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016): 288–296 This is a book about the general applicability of economics and how it “affects all walks of life” (from the back-cover blurb). No less than 23 endorsing statements are printed at

Organizing Entrepreneurial Judgment

01/11/2016 Nicolai J. Foss Peter G. Klein

Now entrepreneurship classes are all the rage. While in real life government strangles businesses large and small everyday, the academic community has finally woken up to what creates wealth—entrepreneurial activity. This is a positive sign. And

Media

The Continuing Relevance of Austrian Capital Theory

03/09/2012 Nicolai J. Foss

The F. A. Hayek Memorial Lecture. Recorded March 9, 2012, at the Ludwig von Mises Institute in Auburn, Alabama. Includes an introduction by Joseph T. Salerno.

Authors Forum: Organizing Entrepreneurial Judgment: A New Approach to the Firm

03/09/2012 Nicolai J. Foss Peter G. Klein

Recorded March 9, 2012, at the Ludwig von 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.