Mises Review 18, No. 3 (Fall 2012) LIBERTARIAN ANARCHY: AGAINST THE STATE Gerard Casey Continuum, 2012, ix + 195 pgs. Libertarian Anarchy would have delighted Murray Rothbard. In this book, a distinguished Irish philosopher defends forcefully and eloquently Rothbardian anarchism. Like Rothbard, Casey considers the state a criminal organization,
Mises Review 18, no. 3 (Fall 2012) THE FINANCIAL CRISIS AND THE FREE MARKET CURE: WHY PURE CAPITALISM IS THE WORLD ECONOMY’S ONLY HOPE John A. Allison McGraw Hill, 2012, viii + 278 pgs. This book contains the oddest sentence I have ever read about the current financial crisis, or for that matter about any financial crisis. John Allison,
Mises Review 18, No. 3 (Fall 2012) UNDERSTANDING LIBERAL DEMOCRACY: ESSAYS IN POLITICAL PHILOSOPHY By Nicholas Wolterstorff • Edited by Terence Cuneo Oxford University Press, 2012, xii+ 385 pgs. Most contemporary political philosophers, unfortunately, are not libertarians. Nicholas Wolterstorff, best known as a founder of “reformed epistemology”
Volume 2, No. 2 (Summer 1999) Tony Lawson, an economics lecturer at Cambridge University, defends a thesis sure to arouse the interest of Austrians. Mainstream economics lies crushed in the fatal grip of positivism. The futile search for constants in human behavior condemns econometrics to sterility; and economic theory as a whole is little
Volume 3, No. 1 (Spring 2000) Amartya Sen’s wide-ranging book grasps a point ignored by many economists. Economists are generally alive to the virtues of markets, and few since the collapse of communism have a good word to say about central planning. Commonly, though, economists defend markets strictly on grounds of efficiency: the free
Volume 3, No. 2 (Summer 2000) I propose to confine the present examination of Professor O’Neill’s book to one central topic, likely to be one of interest to readers of the Quarterly Journal. In these pages, and in predecessor journal the Review of Austrian Economics , there has been much concern with the nature of the socialist calculation
Volume 6, No. 2 (Summer 2003) Did Hayek learn nothing from Mises ? Why assume that he retained his positivist views once he began seriously to study economics? Fleetwood might counter that I have begged the question against him. Have I not assumed that Hayek adopted the sum and substance of Mises’s views? The objection has merit, so I
Volume 9, No. 4 (Winter 2006) Thomas Sowell is probably best known for his studies of ethnic relations and economics and for his policy oriented works, aimed at a wide popular audience, e.g., Conquests and Cultures: An International History (1998) and Basic Economics: A Citizen’s Guide to the Economy (2004). His Knowledge and Decisions
In his column “Phony Fear Factor,” published in The New York Times on August 8, 2013, Paul Krugman mocks the view that “economic policy uncertainty” helps to explain the failure of the American economy to recover from the collapse of 2008. Unfortunately, Krugman displays little knowledge of the view he wishes to challenge. He says very little
Murray Rothbard anticipated the concept of “rent seeking,” generally associated with Gordon Tullock. In Man, Economy and State , he says: “Furthermore, the more government intervenes and subsidizes, the more caste conflict will be created in society, for individuals and groups will benefit only at one another’s expense . The more widespread the
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.