Jonathan Newman discusses the many contributions of the brilliant popularizer of sound economics, Henry Hazlitt (1894–1993). Best known for his book, Economics in One Lesson , Hazlitt stressed that a comprehensive view of of any event or policy is necessary to avoid missing longer term consequences. Hazlitt was a voice of reason in the mainstream
[This article is excerpted from volume 2, chapter 11 of An Austrian Perspective on the History of Economic Thought (1995). G.W.F. Hegel, unfortunately, was not a bizarre aberrant force in European thought. He was only one, if the most influential and the most convoluted and hypertrophic, of what must be considered the dominant paradigm of his age,
JEFF DEIST: One issue discussed recently at our Supporters Summit is whether we’re winning or losing. So two questions: Who is “we,” and are we winning? LEW ROCKWELL: Well, the “we,” fundamentally, is everybody who believes in civilization, who is opposed to what’s been going on ever since the French Revolution, when the Left came to total power
Although students of Austrian economics are familiar with Mises, Hayek, and the other major figures of the school, there are many economists who worked in and around the Austrian tradition—and made crucial contributions to it—whose writings are today neglected. One of the most significant of these is the American Frank A. Fetter , the “ forgotten
JEFF DEIST: What makes you optimistic, what makes you pessimistic about what you see in the US? RON PAUL: Well, if I look at the big picture including a long span of time, I would say conditions aren’t that bad, even though I often talk about all the bad things I anticipate and how it could get worse in terms of the economy and foreign policy.
JEFF DEIST: Tom, you grew up in Boston. Your dad was a blue collar guy and also a Teamster. So, tell us a little bit about him and your childhood. TOM WOODS: He was a Teamster for 18 years, and worked as a forklift operator in a food warehouse for a grocery chain that no longer exists. I wouldn’t say he was a Reagan Democrat because he was never
[ Originally printed in the journal Procesos de Mercado: Revista Europea de Economía Política 14, no. 2 (Autumn 2017). ] 1. Personal Life and Career 1.1 Early Life Prof. Jesús Huerta de Soto Ballester is one of the leading Austrian School economists in the contemporary era. On December 23, 1956, Huerta de Soto was born in a devout Catholic and
JEFF DEIST: You are German, but not from a big city in Germany. GUIDO HÜLSMANN: That’s correct, a small town. JD: Did your small-town upbringing influence your career and outlook? GH: I think so. The town where I went to high school in those years had the highest communist voter percentage in all of Western Germany. And this presence made itself
Today would have been the 89th birthday of Burt Blumert, one of the greatest personalities of the modern libertarian movement. Burt was the indispensable man behind the scenes and was a key figure in the Mises Institute, the Center for Libertarian Studies, and LewRockwell.com. He was one of Murray Rothbard’s closest friends; and when you met him,
The Free Market 26, no. 2 (February 2005) Mises was a towering figure, representing uncompromising intellectual integrity, the courageous pursuit of ideas regardless of the crop of unpopularity which he well knew he would reap. His scholarship was extraordinary; his wisdom legendary; the profundity of his insights into social processes has
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.