[Note: Henry Hazlitt considered The Foundations of Morality to be his most important work. The following two reviews of that book were found in one of the many boxes of papers generously given to the Mises Institute by Bettina Bien Greaves. Bettina wrote in a letter to Hazlitt “It seems to me this is your very best book, and one that will live
[This article appears online for the first time and is reprinted from The Alternative: An American Spectator (February 1975), where it appeared under the title “Ludwig von Mises.”] It is said that a number of years ago, when Bill Buckley was at the beginning of his career of college-speaking, he once wrote two names on the blackboard and thereby
[ This originally appeared in Libertarian Review in November 1978 .] Libertarians surely favor freedom of speech, that is, the right to speak without being hampered by the government. But the right to speak implies the right not to speak, the right to remain silent. Yet libertarians have themselves been strangely silent on the many instances of
[Found among the papers of Bettina Bien Greaves and reprinted from Plain Talk (1949), Editor’s comment: Those millions of illiterate and semi-literate armed men now in action from the borders of the Yellow Sea to the mountains of Greece have been set in motion by a ponderous and little-read study of economics — Das Kapital — written nearly a
The art of economics consists of looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. If you want to know where American supporters of free markets learned economics, take a look at Economics in One Lesson by Henry
This text is also available in audio format . This essay was originally given as a lecture before the Trustees and guests of the Foundation for Economic Education at Tarrytown, New York on May 18, 1970, and was first published in the first edition of The Austrian Theory of the Trade Cycle and Other Essays . In one sense the question asked in the
[ This article originally appeared in Studies in Logic, Grammer and Rhetoric 57, no. 1 (2019): 65–74. Reprinted with permission.] Abstract: Due to the famous methodenstreit it is often well argued that Menger’s approach to social sciences can be seen as anti-historical, as according to him pure empirical studies are insufficient to establish a
[ This article originally appeared in Studies in Logic, Grammer and Rhetoric 57, no. 1 (2019): 145–160. Reprinted with permission.] Abstract. The aim of the article is to examine the legacy of Menger’s theory of social institutions. We argue that Menger’s insights about the origin of social structures inspired later contributions in three main
[ This article originally appeared in Studies in Logic, Grammar and Rhetoric 57, no. 1 (2019): 161–174. Reprinted here with permission.] Abstract. The Mengerian-Misesian tradition in economics is also known as the causal-realist approach — in other words, it studies the causal structure of economic phenomena conceived of as outgrowths of real
[The following is a condensation of Garet Garrett’s pamphlet The Rise of Empire , published in 1952, and included in his collection The People’s Pottage (Caldwell, ID: Caxton Printers, 1953).] We have crossed the boundary that lies between Republic and Empire. If you ask when, the answer is that you cannot make a single stroke between day and
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.