History of the Austrian School of Economics

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"Libertarian" Is Just Another Word for (Classical) Liberal

History of the Austrian School of EconomicsPolitical Theory

Blog09/12/2019

"Libertarianism" is very much a part of what is now known as "classical" liberalism — the influential free-market ideology of the nineteenth century whose effects and legacy are still felt today.

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Ludwig von Mises’s Human Action: Marking 70 Years of Continuing Relevance

Book ReviewsHistory of the Austrian School of Economics

Blog09/04/2019

The social, political, and economic conditions of our world today give Ludwig von Mises’s treatise a refreshing relevance matched by few other works written over the last century.

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Hayek Was Right, Keynes Was Not An Economist

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology

Blog08/29/2019

The General Theory is not a book explaining economics to his followers at all, but a propaganda tool to lead them to his vision of a non-Marxist socialist nirvana.

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The End of Marxian Exploitation Theory

SocialismHistory of the Austrian School of EconomicsPhilosophy and Methodology

Blog08/26/2019

Even Marx was forced to admit that workers were not being paid at subsistence levels, and that capitalism led to a rising standard of living for workers. So in order to save his theory, he redefined the concept of subsistence.

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The Rising Importance of the Austrian School to Entrepreneurs

The EntrepreneurEntrepreneurshipHistory of the Austrian School of Economics

Blog07/01/2019

There is a field where Austrians are being heard and where Austrian theory is tremendously influential, and that field is dynamic entrepreneurial capitalism.

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Was Hayek a One-Worlder?

Decentralization and SecessionStrategyHistory of the Austrian School of Economics

Blog03/27/2019

Yoram Hazony’s critique of Hayek highlights interesting fissures in theories of political economy on the Right.

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Lange, Mises and Praxeology: The Retreat from Marxism

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology

Blog02/19/2019

Oskar Lange was a Marxist economist and intellectual opponent of Mises. Late in his career, he sought to merge praxeology and Marxism. 

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Ludwig von Mises and the Nature of Money

Money and BanksHistory of the Austrian School of EconomicsMonetary Theory

Blog02/13/2019

Among the fallacies Mises debunked in his first book were those of the chartalists - the predecessors of Modern Monetary Theory.

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