All Posts Tagged With: "Austrian Economics"

Jefferson’s Economist

See update below. In 1817 the Frenchman Destutt de Tracy (1754–1836) published his Treatise on the Will and Its Effects. Thomas Jefferson was so enthusiastic about Tracy’s book that he had it translated, then edited and revised the translation himself. He renamed it A Treatise on Political Economy. Why was Jefferson so excited about the [...]

20May2010 | Sheldon Richman | 1 comment | Continued

Happy Birthday, F. A. Hayek

F. A. Hayek, Austrian economist, social philosopher, and champion of liberty, was born on this day in 1899. Read Pete Boettke’s 1992 appreciation of Hayek and Mario Rizzo’s tribute. The Concise Encyclopedia of Economics biographical entry is here.

8May2010 | Sheldon Richman | 1 comment | Continued

TGIF: Jefferson’s Economist

In 1817 the Frenchman the Count Destutt de Tracy published his Treatise on the Will and Its Effects. Thomas Jefferson was so enthusiastic he had it translated into English. Read TGIF here.

5Mar2010 | Sheldon Richman | 0 comments | Continued

Jefferson’s Economist

In 1817 the Frenchman the Count Destutt de Tracy published his Treatise on the Will and Its Effects. Thomas Jefferson was so enthusiastic he had it translated into English.

5Mar2010 | Sheldon Richman | 16 comments | Continued

Why Did the “Stimulus” Fail to Help the Economy?

Attempts to “stimulate” the economy through massive government spending may put money into the pockets of politically connected people, but it does nothing to restore the economic factors to their proper balances.

20Jan2010 | William L. Anderson | 28 comments | Continued

Murray Rothbard

Those who cherish liberty cannot calculate their debt to Murray Rothbard.

15Jan2010 | Sheldon Richman | 7 comments | Continued

The Calling: Remembering Rothbard

This month marks the 15th anniversary of the death of Murray Rothbard, arguably the most important libertarian theorist of the twentieth century.  Although I only met him once in person, his work was influential in developing my “calling” in a number of ways, and the way he approached his scholarly and activist work for libertarianism [...]

14Jan2010 | Sheldon Richman | 1 comment | Continued

The Dangers of the Myth of Merit

In his various chapters and essays on the “mirage” of the concept “social justice,” F. A. Hayek makes a claim that is very often overlooked by those who support the market. He argues that markets generally do not reward “merit.” That is, the people who become wealthy in the marketplace do not do so, for [...]

19Nov2009 | Steven Horwitz | 8 comments | Continued

Being for the Free Market Isn’t Enough

Harold Meyerson, an op-ed columnist for the Washington Post, this week launched a devastating attack on what he calls “mainstream economists.” Observe: Has any group of professionals ever been so spectacularly wrong? Pre-Copernican astronomers and cosmologists, I suppose, and for the same reason, really: They had an entire, internally consistent, theoretically rich system that described [...]

2Oct2009 | Sheldon Richman | 1 comment | Continued

TGIF: Being for the Free Market Isn't Enough

Harold Meyerson, an op-ed columnist for the Washington Post, this week launched a devastating attack on what he calls “mainstream economists.” Too bad he’s oblivious of Austrian economics. The rest of TGIF is here.

2Oct2009 | Sheldon Richman | 2 comments | Continued

Happy Anniversary, Human Action!

September 14, 1949, was the official publication date of Ludwig von Mises’s immortal treatise, Human Action. While the book is long and apparently daunting, it is amazingly accessible for interested readers. It is well written and well organized, so don’t let the length keep you away from the most important book in economics.And don’t forget [...]

14Sep2009 | Sheldon Richman | 3 comments | Continued

Human Action Turns 60!

Featuring: Kirzner, Greaves, Boettke, Leeson, Hazlitt, and more! TheFreemanOnline.org

20Aug2009 | Sheldon Richman | 2 comments | Continued

Human Action, 1949: A Dramatic Episode in Intellectual History

A great book, it has been remarked, is like a great castle. It can be viewed from many different angles, each offering a unique perspective. Viewing Ludwig von Mises’s monumental work from the vantage of 2009 permits one to see with great clarity one fascinating aspect of the book–the sheer drama of its emergence at [...]

19Aug2009 | Israel M. Kirzner | 5 comments | Continued

Human Action: The 60th Anniversary

We are celebrating the 60th anniversary of a great book, Human Action: A Treatise on Economics, by a learned man and a clear thinker: the Austrian economist Ludwig von Mises. It presents Mises’s understanding–after long years of study and thought–of how the market economy functions. It is a major contribution to human knowledge. Interventionist ideas [...]

19Aug2009 | Bettina Bien Greaves | 2 comments | Continued

Human Action: The Treatise in Economics

“Next week we will discuss the master’s work.” So stated Dr. Hans Sennholz to close his graduate seminar during my junior year at Grove City College. I had owned a copy of Human Action since my freshman year, but the book was too daunting for me to really study it. I preferred to read Henry [...]

19Aug2009 | Peter J. Boettke | 1 comment | Continued

A Triple Whammy for Austrian Economics

They say that when economic times are good businesses can get away with sloppy practices. In the intellectual world, however, it seems that sloppy thinking prevails in desperate times and important distinctions get thrown out the window. A good example of this appeared recently in a March 4 New York Times article titled “Ivory Tower [...]

19Aug2009 | Sandy Ikeda | 9 comments | Continued

Rizzo on Samuelson

Mario Rizzo, an economist for whom I have the deepest respect, has some important things to say about a recent article by Paul Samuelson, who has had so much to do with constructing mainstream economics. Read it here.

16Jun2009 | Sheldon Richman | 0 comments | Continued
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