Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016): 267–287
ABSTRACT: Frederick Nymeyer (1897–1981) was a Chicago businessman who supported Austrian scholarship through his publication and marketing of work by Mises and Böhm-Bawerk. Part of his legacy is Libertarian Press, which Nymeyer founded to promote Austrian economics at a time when it was virtually unknown in the United States. A Calvinist in a Dutch Reformed denomination, Nymeyer also self-published a large number of articles applying economic thought to ethical issues in an effort to combat the growing affinity for socialist ideas among Protestants. Nymeyer saw close connections between Misesian ideas and biblical law, which he elaborated upon in his 1964 book Minimal Religion. This paper summarizes and contextualizes some of Nymeyer’s most prominent themes in his writing.
KEYWORDS: Frederick Nymeyer, entrepreneurship, Austrian School, libertarianism, religion
JEL CLASSIFICATION: B31, B53, Z12
Timothy Terrell is professor of economics at Wofford College in Spartanburg, South Carolina. He is assistant editor of the Quarterly Journal of Austrian Economics and is a Senior Fellow of the Mises Institute.
Sponsored by Scott and Cathy Ullery.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Mainstream economists are quick to claim that environmental problems are caused by "market failure" that can be "fixed" by government intervention. However, the intervention itself is the problem.
Terrell, Timothy D., “The Economics and Ethics of Frederick Nymeyer,” Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016): 267–287.