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“Alienation,” to Marx, bears no relation to the fashionable prattle of late-20th-century Marxoid intellectuals. It did not mean a psychological feeling, of anxiety or estrangement, which could somehow be blamed on capitalism, or on cultural or sexual “repression.” Alienation, for Marx, was far more fundamental, more cosmic. It meant, at the very

[This article is excerpted from volume 2, chapter 11 of An Austrian Perspective on the History of Economic Thought (1995). An MP3 audio file of this chapter, narrated by Jeff Riggenbach, is available for download .] The key step in secularizing dialectic theology, and thus in paving the way for Marxism, was taken by the lion of German philosophy,

[This article is excerpted from Conceived in Liberty , volume 1, part 4, “The Rise and Fall of New Netherland,” chapter 39 “Governors and Government,” pp. 288–91; see “The Dutch-Indian Relations Deteriorate,” pp. 291–96 and “The Algonquin War in New Netherland,” pp. 296–98 .]   The Dutch West India Company began operations in 1623, and in the same

[This article is excerpted from volume 2, chapter 10 of < An Austrian Perspective on the History of Economic Thought (1995). An MP3 audio file of this chapter, narrated by Jeff Riggenbach, is available for download .]   Karl Marx, as the world knows, was born in Trier, a venerable city in Rhineland Prussia, in 1818, son of a distinguished jurist,

[ America’s Great Depression (1963)] Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without “prejudgment” is futile. A cycle takes place in the economic world, and therefore a usable cycle theory must be integrated with general economic theory. And yet, remarkably, such integration, even

[This article is excerpted from volume 2, chapter 11 of An Austrian Perspective on the History of Economic Thought (1995).]   Typically, determinist schema leave convenient implicit escape hatches for their creators and advocates, who are somehow able to rise above the iron determinism that afflicts the rest of us. Hegel was no different, except

[This article is excerpted from volume 2, chapter 11 of An Austrian Perspective on the History of Economic Thought (1995). G.W.F. Hegel, unfortunately, was not a bizarre aberrant force in European thought. He was only one, if the most influential and the most convoluted and hypertrophic, of what must be considered the dominant paradigm of his age,

[This article is excerpted from volume 2, chapter 12 of An Austrian Perspective on the History of Economic Thought (1995). An MP3 audio file of this chapter, narrated by Jeff Riggenbach, is available for download .] Even assuming that the unexplained incompatibility between the productive forces and the relations of production exists, why

“Obama announced the creation of a national monument in honor of labor organizer Cesar Chavez. Here’s Murray Rothbard, who has a somewhat different take on Cesar Chavez. The word ‘floperoo’ is used.” – Thomas E. Woods, Jr.   [This article originally appeared in the Free Market , July 1993. (You can subscribe by becoming a member .) It is appears

[This article is excerpted from volume 2, chapter 11 of An Austrian Perspective on the History of Economic Thought (1995).] Hegel’s death in 1831 inevitably ushered in a new and very different era in the history of Hegelianism. Hegel was supposed to bring about the end of history, but now Hegel was dead, and history continued to march on. So if