Abstract: This newly translated tribute to Ludwig von Mises was written by Hans Mayer on the occasion of Mises’s 70th birthday in 1951. It was published in the Zeitschrift für Nationalökonomie in 1952. In it, Mayer expresses a surprisingly favorable opinion of Mises as an accomplished scholar, despite some misgivings regarding the latter’s policy
Listen to the Audio Mises Wire version of this article. This week we celebrate the life of Murray N. Rothbard, born on the second of March 1926, a Tuesday, in the Bronx. And what a Bronx it was, teeming with brilliant intellectuals, dedicated Communists, and rock-solid middle-class Americans like David and Rae Rothbard. The family would later
Benedict XVI: A Life By Peter Seewald Volume 1: Youth in Nazi Germany to the Second Vatican Council 1927–1965 Published in English by Bloomsbury Continuum, London, 2020 Translated by Dinah Livingstone Peter Seewald has recently published an extensive biography of Pope Emeritus Benedict XVI, and the work is a masterpiece which, once begun, cannot
The 2021 Nobel Prize in Economics has been awarded to Berkeley’s David Card, MIT’s Josh Angrist, and Stanford’s Guido Imbens for their work on “natural experiments,” a currently fashionable approach to estimating the causal impact of one economic variable on another. Card, of course, became famous in and outside the profession for his 1994 paper
Who hasn’t heard of the Industrial Revolution, the historical turning point that created modern society, for better or worse? Economist Donald Boudreaux has described this as the “hockey stick of human prosperity,” which launched the average person from subsistence to relative prosperity. Boudreaux credits the specialization and trade that
[ An Austrian Perspective on the History of Economic Thought , vol. 2, Classical Economics (1995)] “The ideologues — Cabanis, DuPont, Volney, Say, and de Tracy — all sent Jefferson their manuscripts and received encouragement in return.” The leadership of the French Smithians was quickly gained by Jean-Baptiste Say , when the first edition of his
[ An Austrian Perspective on the History of Economic Thought (1995)] Jeremy Bentham (1748–1832) began as a devoted Smithian but more consistently attached to laissez-faire. During his relatively brief span of interest in economics, he became more and more statist. His intensified statism was merely one aspect of his major — and highly
[ An Austrian Perspective on the History of Economic Thought (1995)] In this atmosphere deeply permeated with cameralism it is no wonder that Smith’s Wealth of Nations made little headway at first in Germany. However, Britain had an important foothold in Germany, for the electorate of Hanover was a continental possession of the British dynasty
[ An Austrian Perspective on the History of Economic Thought (1995)] By the turn of the 19th century, the views and doctrines of Adam Smith had swept the board of European opinion, though they had scarcely been embodied in political institutions. Even in France, as will be seen in the second volume of this series, the pre-Smithian subjective
[ Austrian Perspective on the History of Economic Thought (1995)] J.B. Say was made a member of the governing tribunate during the Napoleonic consulate regime in 1799. Four years later, his Traité was published, soon establishing him as the outstanding interpreter of Smithian thought on the continent of Europe. The Traité went through six
What is the Mises Institute?
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.