May 24 th , 2013 will remain in the annals of the Circle Bastiat as an infamous day of self-promotion. There is indeed a second publication which yours truly is most happy to announce: the Russian edition of the Last Knight of Liberalism : Последний рыцарь либерализма: Биография Людвига фон Мизеса (Chelyabinsk: Социум, 2013) , 893 pp. Translated
Wladimir Kraus, a former Rowley Fellow at the Mises Institute, successfully defended his doctoral dissertation “Essays on Reisman’s Net Consumption Theory of Profit and Interest” yesterday at the University of Aix-Marseille in southern France. Dr Kraus probably wrote the first PhD dissertation ever on George Reisman’s important treatise Capitalism
Germany’s Wirtschaftswoche just published a major story on Mises’s life and works , stressing his contributions to business cycle theory. The “intransigent visionary” provided the theoretical framework for analysing, understanding, and correcting our present financial
In his magnificent Classical Liberalism and the Austrian School , Ralph Raico recently stressed that there never has been any such thing as “classical” liberalism. There was and is only liberalism, an intellectual movement centred around the notion that society is working by itself and does not need to be supported, or reigned in, by coercive
Belgium is not only the host country to the central planners from the European Commission in Brussels. It is also the land of great charming historical commercial towns such as Bruges, Antwerp, and Gent. If you happen to be in the area: next Tuesday yours truly shall deliver two lectures for the Flemish liberal student association in Gent. The
More monetary competition , this is the promising title of Markus Kerber’s new book, in which he makes the case for establishing currency competition to solve the current conflicts within the Eurozone. Kerber is a law professor at my alma mater and for this reason alone, of course, his book deserves attention. Moreover, he is the founder and
[ A selection from Deflation and Liberty . ] The production of money in a free society is a matter of free association. Everybody from the miners to the owners of the mines, to the minters, and up to the customers who buy the minted coins — all benefit from the production of money. None of them violates the property rights of anybody else, because
Kenneth Gerbino discusses the money supply , and calls Mises’ Theory of Money and Credit “one of the most insightful economic books ever written”. Russ Winter notes that, while the Fed has recently talked tough about “fighting inflation”, they have stepped up purchases of treasuries (with brand-new fiat dollars). Prior to May 7, the 52-week
Volume 14, No. 4 (Winter 2011) In the wake of the bicentenary of his birth, Frédéric Bastiat (1801–1850), his achievements, and his legacy have been reconsidered by scholars all over the western world. At the same time, his works and the secondary literature have become widely accessible through the Internet. Robert Leroux exploits these
Volume 11, No. 3 and 4 (2008) This paper discusses Ludwig von Mises’s proposals for monetary reform. We will largely focus on technical aspects--the concrete practical steps he recommended–without detailing how these relate to his general conceptions of money and of sound monetary order. We will highlight two characteristic features of
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.