Carl Menger and the Austrian School of Economics
What is known as the Austrian School of Economics started in 1871 when Carl Menger published a slender volume under the title Grundsätze der Volkswirtschaftslehre.
What is known as the Austrian School of Economics started in 1871 when Carl Menger published a slender volume under the title Grundsätze der Volkswirtschaftslehre.
While the standard secular narrative is that Christianity held back science and human development, history tells a different story, one of literacy and the development of human capital.
Revisionism has the general function of bringing historical truth to a public that had been drugged by wartime lies and propaganda.
It is impossible to grasp the idea of sound money without realizing that it was devised to protect civil liberties against state despotism.
By what yardstick would we threaten war for the independence of Taiwan but continue to tolerate 60 years of totalitarian repression in Cuba, 90 miles away?
Perry Anderson twisted Mises's words into a defense of fascism. Here's what Mises really thought.
Moscow has used naturalization and immigration to effect demographic change and encourage conflict between ethnic groups in neighboring states. It has proven to be an effective foreign policy tool.
Spanish mercantilism meant the Crown picked which industries flourished and which withered. This led to a multitude of malinvestments including booms for southern Spain and busts in the Low Countries.
History is only a tiresome repetition of one story. Persons and classes have sought to win possession of the power of the state in order to live luxuriously out of the earnings of others.
Despite the Left's denials that Hitler was a socialist, a careful reading of his writings and speeches tells a different story. His sympathies lay with the workers, not the bourgeoisie.