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History of the Austrian School of EconomicsPolitical Theory
"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.
BiographiesHistory of the Austrian School of Economics
If Austrian economics seems daunting, just read Hazlitt.
Book ReviewsHistory of the Austrian School of Economics
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.
History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology
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.
SocialismHistory of the Austrian School of EconomicsPhilosophy and Methodology
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.
The EntrepreneurEntrepreneurshipHistory of the Austrian School of Economics
There is a field where Austrians are being heard and where Austrian theory is tremendously influential, and that field is dynamic entrepreneurial capitalism.
Book ReviewsAustrian Economics OverviewHistory of the Austrian School of Economics
Henry Hazlitt's review of Man, Economy, and State published in National Review in September, 1962.
Decentralization and SecessionStrategyHistory of the Austrian School of Economics
Yoram Hazony’s critique of Hayek highlights interesting fissures in theories of political economy on the Right.
Oskar Lange was a Marxist economist and intellectual opponent of Mises. Late in his career, he sought to merge praxeology and Marxism.
Money and BanksHistory of the Austrian School of EconomicsMonetary Theory
Among the fallacies Mises debunked in his first book were those of the chartalists - the predecessors of Modern Monetary Theory.