Böhm-Bawerk for the Citizen
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Posted in From the Archives on 26 January 2012
Stats: 223 views and 1 Comment Economics is often considered the dismal science. To the average person it appears dry and boring but this should not be the case. While economics is not as dismal as it is often portrayed, it is not something the average person must learn. As Murray Rothbard once said, It is no ...
Protecting the Foundations of A Free Society
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Posted in From the Archives on 23 January 2012
Stats: 193 views and 1 Comment FEE was founded in 1946, yet the wheels began to spin even earlier. Today’s document is a letter from Leonard Read inviting Henry Hazlitt to a group discussion of what was to become FEE’s first publication, Fred Fairchild’s “Profits and the Ability to Pay” pamphlet. The letter is dated December ...
Capital and Interest Review by Ludwig von Mises
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Posted in Document on 29 December 2011
Stats: 276 views and No Comments Capital and Interest: Eugine von Böhm-Barwerk and the discriminating reader by Ludwig von Mises. A review of the new translation of Böhm-Barwerk's three volume work from the Freeman in 1959.
Bureaucracy: Hopeless From the Start
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Posted in From the Archives on 27 December 2011
Stats: 376 views and 1 Comment Incentives matter! This simple two-word sentence is the heart of Economics 101. Ask any economist, and she will tell you, “Yes, incentives do matter!” It also seems so simple and obvious when you stop and think about it. Sadly, as we start to think of more complex issues and problems, ...
“Bureaucracy Defined” by Henry Hazlitt
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Posted in Document on 16 December 2011
Stats: 347 views and 1 Comment Review of Ludwig von Mises's Bureaucracy by Henry Hazlitt from the October 1, 1944 issue of the New York Times Book Review.
The Point Is to Constrain
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Posted in From the Archives on 12 December 2011
Stats: 298 views and No Comments What is a constitution? The average person on the street will certainly know our country has one. But does she really know what it is for? A constitution is a set of rules meant to constrain the government from going beyond its stated purpose. Many claim the State exists to ...
Socialist Theater 101
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Posted in From the Archives on 8 December 2011
Stats: 498 views and 4 Comments The consensus of economists today is that socialism generally doesn’t work. Ludwig von Mises and F.A. Hayek are seen as the victors of the socialist calculation debate, which took place in the first half of the twentieth century. For the most part this consensus is new. Originally the market socialists were ...
The Academic Publisher’s Role?
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Posted in From the Archives on 30 November 2011
Stats: 141 views and 2 Comments Recently I discussed J.K. Galbraith’s review of Ludwig von Mises’s Human Action. In that review Galbraith took issue not only with Mises’s radicalism but also with the publishers’ plug on the book jacket. He chided Yale University Press for stating that Mises’s approach bears little relation to what “is usually taught in classrooms ...
Publisher’s Response to Galbraith’s Review of Human Action
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Posted in Document on 27 November 2011
Stats: 123 views and No Comments In the Letter to the Editor section of the New York Times Eugene Davidson, of Yale University Press, response to J.K. Galbraith's attack of Yale University Press in his review of Mises's Human Action. With Galbraith response back.
The Best of the Free Man’s Library
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Posted in From the Archives on 21 November 2011
Stats: 473 views and 1 Comment Henry Hazlitt was not an economist by trade. He was, however, a very learned man who absorbed more economic knowledge than many professional economists do. And Hazlitt didn’t gain this knowledge by simply hanging around the likes of such brilliant individuals such as Ludwig von Mises (which he did). He ...


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