Mises Search

It’s no secret that Austrian economics is flourishing around the world and that more students than ever are searching for careers that will allow them to contribute to the Austrian tradition. However, students often ask where they can go to study Austrian economics at the PhD level in preparation for teaching and researching in academia, or for

Abstract:   Economics has long history of “rehabilitations,” including W.H. Hutt’s rehabilitation of Say’s law, and Alfred Marshall’s attempt to rehabilitate David Ricardo. The rehabilitation of Frank A. Fetter should be as important as either of these, especially for economists working in the contemporary Austrian tradition. The historical

I am perennially embarrassed to admit that I enjoy watching Fox TV’s 24 . It unintentionally reveals both subtle and overt problems for lovers of liberty. Its major theme is an ongoing struggle between terrorists with evil machinations and federal agents (also, presumably, with evil machinations). Now, terrorists are apparently difficult to catch

Like many intellectuals at the turn of the 19th century, Oscar Wilde was both interested in the problems of society and a proponent of socialism. Though Wilde was more concerned with criticizing Victorian society via his satirical works than puzzling over the problems of social organization, he did briefly examine social philosophy in his

[ Can Capitalism Survive? Creative Destruction and the Global Economy • By Joseph Schumpeter • New York, Harper Perennial Modern Classics, 2009 • 208 pages] The most famous chapters of Joseph Schumpeter’s Capitalism, Socialism, and Democracy have been republished in paperback under the title Can Capitalism Survive? Creative Destruction and the

  As banks — central and otherwise — falter and fail across the globe, it is increasingly obvious that the problems of monetary policy that we face run deeper than merely finding the correct adjustment to a Taylor rule . It is trite but nevertheless true to say that great monetary reforms are necessary. The purpose of this article is not to argue

[Editor’s Note: This article is spoiler-free.] The popular HBO series Game of Thrones is ending its third season this Sunday, amid fan concerns over its rapidly dwindling cast of characters. The show is based on George R.R. Martin’s intricate fantasy series, A Song of Ice and Fire , which has become an inspiration for commentary of all stripes.

(The Economics of Edwin Chadwick: Incentives Matter by Robert B. Ekelund, Jr. and Edward O. Price III, Edward Elgar, 2012, 246 pp.) This book is the first full-length study of the economic writings of Edwin Chadwick, the 19th-century utilitarian social reformer. Although not an economist in the strict sense of the term, Chadwick wrote a voluminous

The economic turmoil in Venezuela has received increasing international media attention over the past few months. In September, the toilet paper shortage (which followed food shortages and electricity blackouts) resulted in the “temporary occupation” of the Paper Manufacturing Company, as armed troops were sent to ensure the “fair distribution” of

Ludwig von Mises and Joseph Schumpeter are the most famous economists trained by the older Austrian School, although generally Schumpeter has received the lion’s share of attention. This is especially true, for example, in the field of entrepreneurship. To this day, the term entrepreneurship is almost synonymous with Schumpeter, whose fame was