Review of Austrian Economics 3 (1989): 45–59 In recent years, economists have invaded other intellectual disciplines and, in the dubious name of “science,” have employed staggeringly oversimplified assumptions in order to make sweeping and provocative conclusions about fields they know very little about. This is a modern form of “economic
“I can see a day when economics will be taught as human action—including every subject that those words imply—and not broken up into courses that produce mathematicians instead of economists.” Margit von Mises died on June 25, just a week short of her 103rd birthday. While physically frail the last few years, Margit remained mentally alert until a
One of the most notable economists and social philosophers of the twentieth century, Ludwig von Mises, in the course of a long and highly productive life, developed an integrated, deductive science of economics based on the fundamental axiom that individual human beings act purposively to achieve desired goals. Even though his economic analysis
Murray N. Rothbard Date: July 1961 To: F.A. Harper, George Resch From: Murray Rothbard STRICTLY CONFIDENTIAL It is the thesis of this memorandum that the problem of tactics and strategy for advancement of the libertarian-individualist cause is at a critical crossroads, a crossroads in the historical development of this stream of thought,
The Libertarian Forum , edited by Murray N. Rothbard from 1969 to 1984, had a small — even tiny — circulation but it forged the intellectual edifice known as libertarianism. Month after month, the newsletter thrilled, enlightened, shocked, and awed its subscribers. Everything was on the table. And here are all the issues again, as smart,
Modern liberalism works in a simple but effective manner: liberals Find Problems. This is not a difficult task, considering that the world abounds with problems waiting to be discovered. At the heart of these problems is the fact that we do not live in the Garden of Eden: that there is a scarcity of resources available for us to achieve all of our
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.
