History of the Austrian School of Economics

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Carl Menger: Founder of the Austrian School

BiographiesAustrian Economics OverviewHistory of the Austrian School of EconomicsMonetary Theory


In this excerpt from his brilliant Mises: The Last Knight of Liberalism, Guido Hülsmann illustrates how Carl Menger's experience as a financial journalist led to his developing the revolutionary foundations of the Austrian school of economics.

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A Call to Activism from the Late Margit von Mises

History of the Austrian School of Economics


In a superb talk given on February 27, 1984, at an early Mises Institute event in New York City, Margit von Mises discusses the process by which she came to write the memoir of her late husband, as well as his impact on the world.

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A Bureaucracy Cannot Create a New Ideology

Global EconomyWorld HistoryHistory of the Austrian School of EconomicsPolitical Theory

Mises had diagnosed these problems long before they became apparent.  In a series of essays written between the two World Wars—but also in Omnipotent Government published in 1944—, Mises showed that in a world where governments interfere in their domestic markets, and with the monetary...

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On Murray Rothbard's 89th Birthday

History of the Austrian School of Economics


Today would have been the 89th birthday of Murray Rothbard. In this 1988 essay, Ron Paul explores Murray Rothbard's importance in Paul's own political career and the importance of education and scholarship in changing political realities. 

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Ludwig von Mises's Suggested Research Topics: Progress Report

Austrian Economics OverviewHistory of the Austrian School of Economics


Bettina-Bien Greaves took careful notes during Ludwig von Mises's New York seminars. Whenever he made a comment that suggested research paper or book, she jotted it down on a note card.

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Update on Toshio Murata, student of Mises in 1959-60

BiographiesHistory of the Austrian School of Economics


Toshio Murata was a student of Mises in New York, and translated Human Action into Japanese. He is almost single-handedly responsible for creating an Austrian/Misesian movement in Japan. Marc Abela of Mises Japan sends us this update, along with some...

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Video: Friedrich August von Hayek (1899-1992) Remembered

History of the Austrian School of Economics


Peter Klein discusses the contributions of economist F. A. Hayek, born on this day in 1899.

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