Mises’s Naive View of the State?
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Posted in From the Archives on 14 November 2011
Stats: 619 views and 3 Comments Ludwig von Mises’s Human Action was published in 1949. The book has since gone on to great acclaim in classical liberal and libertarian circles. It influenced more than a generation of economists not only in the Austrian-school tradition but also from the prominent Chicago (such as Gary Becker), UCLA (Armen ...
In Defense of Laissez-Faire by J.K. Galbraith
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Posted in Document on 30 October 2011
Stats: 462 views and 1 Comment In Defense of Laissez-Faire by J.K. Galbraith. A book review from October 30, 1949 of Ludwig von Mises's Human Action.
Hazlitt Reviews Rothbard
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Posted in From the Archives on 6 September 2011
Stats: 453 views and 4 Comments Murray N. Rothbard’s treatise on economics, Man, Economy, and State, is one of the most important books to come out of the Austrian economics tradition. In today’s document, a review of Man, Economy of State in National Review, Henry Hazlitt states, “He [Rothbard] has given us a work in the tradition ...
If I Were Dictator: Lord Keynes Edition
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Posted in From the Archives on 26 July 2011
Stats: 357 views and 3 Comments A student once asked economist Gordon Tullock, “if you don’t like democracy what do you want?” to which he responded “Tullock as dictator!” When Ludwig von Mises was asked what he would do if he were king he responded, “abdicate!” Haven’t we all thought about what it was like if ...
Is There A “Middle Way”?
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Posted in From the Archives on 11 July 2011
Stats: 508 views and 4 Comments In the late 1940s the Harvard Free Enterprise Society was formed in order to deal with issues that directly influence the economy. In particular, the society promoted equality of opportunity, provided by the free market. The Foundation for Economic Education aided the society with pamphlets and other materials, though it ...
Economics, Not Physics
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Posted in From the Archives on 23 May 2011
Stats: 442 views and 2 Comments Ludwig von Mises was one of the most prominent economists of his day. Still, for the most of his career Mises’s methodology was somewhat out of sync with the rest of the profession. By the time he had published his first major work presenting his methodological views, 1933’s Epistemological Problems ...
Social Science vs. Natural Science by Ludwig von Mises
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Posted in Document on 20 May 2011
Stats: 1,685 views and No Comments Social Science vs. Natural Science by Ludwig von Mises. Published originally in the Journal of Social Philosophy & Jurisprudence, Vol. 7, No. 3, 1942, while Mises was working for the National Bureau of Economic Research. The essay examines the differences between the social and natural sciences.
RIP, Richard C. Cornuelle (1927-2011)
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Posted in From the Archives on 2 May 2011
Stats: 179 views and No Comments One of the liberty movement’s most significant individuals, Richard C. Cornuelle, has passed away at age of 84. Cornuelle may not be as well known as individuals like Ludwig von Mises, Friedrich Hayek, Milton Friedman, Murray Rothbard, or Henry Hazlitt but his importance in the liberty movement during the 20th ...
Hayek’s Nobel, Our Victory?
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Posted in From the Archives on 28 April 2011
Stats: 336 views and 1 Comment Today’s document is an October 9th, 1974 letter in which Leonard E. Read congratulates F. A. Hayek for winning the Nobel Prize in economics. Hayek was awarded the prize, along with Gunnar Myrdal, “for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis ...
Making Sense of the Controversy
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Posted in From the Archives on 22 February 2011
Stats: 414 views and 3 Comments The Foundation for Economic Education’s goal from the very beginning was to promote, what Leonard E. Read called, the freedom philosophy. Understanding the principles of economics is a crucial step to understanding why freedom works. The tools of economics can illustrate why many policies have the opposite effect of their ...


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