Alienated America: Why Some Places Thrive While Others Collapse Timothy P. Carney Harper Collins, 2019 xiv + 348 pages Timothy Carney, a researcher at the American Enterprise Institute and editor at the Washington Examiner , has a message of vital importance for supporters of the free market. This message is not, though, the only theme of his
Money and Government: The Past and Future of Economics Robert Skidelsky Yale University Press, 2018 xiv + 402 pages The title of Murray Rothbard’s Power and Market provides a useful entry to understanding Robert Skidelsky’s long and learned book. Rothbard drew a contrast between peaceful cooperation through the free market and State coercion.
JEFF DEIST: Does economics need philosophy? The idea of a school of economics having a philosophical underpinning might strike some people as odd. Why should economists care about philosophy at all? DAVID GORDON: Well, that’s a very good question. You see, what Mises held was that economics has a distinct method or way of proceeding, and he felt
[Review: Reflections on Ethics, Freedom, Welfare Economics, Policy, and the Legacy of Austrian Economics . By Israel M. Kirzner. Peter J. Boettke and Frédéric Sautet, eds. Liberty Fund 2018. Xiv + 782 pages.] Everyone interested in Austrian economics owes a great debt to the editors of the vast collection of articles by Israel Kirzner, one of the
Today would have been Murray Rothbard’s 93 nd birthday. He was an unforgettable friend, whose immense knowledge of many different fields was unsurpassed in my experience. In a lecture on the Austrian Theory of the Business Cycle, he mentioned the common objection that the expansion of bank credit might have no effect, if investors anticipated
The Free Society . By Laurence M. Vance. Vance Publications, 2018. Xii + 468 pages. Laurence Vance is best known for his work as a specialist on the King James translation of the Bible, but he is also an outstanding writer on libertarian issues. In The Free Society , he has collected a large number of his articles for the period 2005-2017, almost
Herbert Aptheker: Studies in Willful Blindness . By Anthony Flood. Independently published, 2019. I +93 pages. Anthony Flood tells that in “the early 1970s, I was an acolyte of Herbert Aptheker(1915-2003). Known mainly for his writings on African-American history he was also, during the Cold War and even after, a theoretician of the Communist
The economist Alex Tabarrok in a post today criticizes what he calls ”identity economics”. Tabarrok says: “Identity economics is bad economics”. By “identity economics,” he means a theory that jumps from an accounting identity to a claim about causation. Keynesian economics is a prime example of this fallacy, as Tabarrok’s quotation from Nick Rowe
Libertarianism . By Eric Mack. Polity Press, 2018. Vi + 167 pages. + online bonus chapter http://politybooks.com/wp-content/uploads/2018/07/Mack-Libertarian-FINAL-Online-Chapter-pdf.pdf Eric Mack, for many years a philosophy professor at Tulane University, has a well-deserved reputation as a critic of philosophical arguments, and that talent is
Foundations of a Free Society: Reflections on Ayn Rand’s Political Philosophy . Gregory Salmieri and Robert Mayhew, Eds. University of Pittsburgh Press. Xi + 460 pages. This excellent book mirrors in its choice of contributors the odd relationship between Ayn Rand and libertarianism. On the one hand, her own proposals for the political
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.