Mises Search

Abstract: This newly translated tribute to Ludwig von Mises was written by Hans Mayer on the occasion of Mises’s 70th birthday in 1951. It was published in the Zeitschrift für Nationalökonomie in 1952. In it, Mayer expresses a surprisingly favorable opinion of Mises as an accomplished scholar, despite some misgivings regarding the latter’s policy

Every economics undergraduate is taught that economics is a positive science. Introductory textbooks always take the space to emphasize that the economist qua economist can never establish ethical judgments. In his capacity as a social scientist investigating economic problems, he can only describe and explain the world as it is, never as it ought

With over $12 trillion in negative-yielding debt  and the yield on the ten-year Treasury bond falling below 1 percent  for the first time, the days in which people could reliably count on a steady stream of income from their assets seem to be a thing of the past. And although most people would have a hard time finding anything positive about this