All Posts Tagged With: "Carl Menger"
Social Cooperation, Part 3
Some liberal thinkers have attached such importance to social cooperation that they have likened society to a living organism.
28Oct2011 | Sheldon Richman | 6 comments | ContinuedHayek, Strauss, and the Political Waltz
Here’s a little trivia question for you: name an important innovation of the 1870s that continues to influence our lives today. The innovation occurred in Austria, or more specifically, in Vienna. While it was greeted throughout continental Europe as something new and exciting, a more accurate description would be that it was a new twist [...]
1Jun2005 | John Hood | 0 comments | ContinuedAustrian Economics and the Political Economy of Freedom
The revival of the modern Austrian school of economics may be said to have begun 30 years ago, during the week of June 15–22, 1974, when the Institute for Humane Studies sponsored a conference on Austrian economics for about 40 participants in the small town of South Royalton, Vermont. In 1974 the Austrian school had [...]
1Jun2004 | Richard M. Ebeling | 0 comments | ContinuedUnderstanding Austrian Economics, Part 1
Austrian economics owes its name to the historic fact that it was founded and first elaborated by three Austrians—Carl Menger (1840–1921), Friedrich von Wieser (1851–1926), and Eugen von Böhm-Bawerk (1851–1914). The latter two built upon Menger, though Böhm-Bawerk, in particular, made important additional contributions. Menger’s great work, translated into English (but not until seventy-nine years [...]
1Oct2003 | Henry Hazlitt | 3 comments | ContinuedCapital Letters
What Is “Mental Illness”? To the Editor: [The March column opposing insurance parity for psychiatric treatment by] Thomas Szasz . . . shocked and disappointed me. . . . Any close relative (myself included) of a person who was formerly seriously mentally ill—with all the unwanted auditory and visual cacophony—and was returned to normal rational [...]
1Jul2002 | FEE Admin | 0 comments | ContinuedImperfect Knowledge
Three economists have won the Nobel Prize in economics for studying the “asymmetric” (uneven) distribution of information in markets. The winners are Joseph Stiglitz of Columbia University, George A. Akerlof of the University of California at Berkeley, and A. Michael Spence of Stanford University. As the prize committee and various commentators see it, Stiglitz, Akerlof, [...]
1Dec2001 | Sheldon Richman | 0 comments | ContinuedOriginal Liberalism
Richard Ebeling is Ludwig von Mises Professor of Economics and chairman of the economics department at Hillsdale College. In January 1914 there appeared three articles in one of the leading newspapers in Vienna, Austria-Hungary, by Eugen von Böhm-Bawerk, world-renowned member of the Austrian school of economics and a three-time minister of finance. He warned his [...]
1Feb2001 | James Peron | 0 comments | ContinuedEugen von Böhm-Bawerk: A Sesquicentennial Appreciation
Richard Ebeling is currently a professor of economics at Northwood University in Midland, MI. In January 1914 there appeared three articles in one of the leading newspapers in Vienna, Austria-Hungary, by Eugen von Böhm-Bawerk, world-renowned member of the Austrian school of economics and a three-time minister of finance. He warned his readers that the Austrian [...]
1Feb2001 | Richard M. Ebeling | 0 comments | ContinuedHappy Birthday, Carl Menger
February 23 is the 161st anniversary of the birth of Carl Menger, founder of the Austrian school of economics. As the economist Joseph Salerno has written, “[I]n its method and core theory, Austrian economics always was and will forever remain Mengerian economics.” It would be hard to overstate how important Menger was in the development [...]
1Feb2001 | Sheldon Richman | 2 comments | Continued15 Great Austrian Economists
Great economists come in many varieties. There are path-breakers, who forge new analytical tools; there are synthesizers, who discern principles capable of explaining disparate phenomena; and there are debunkers, who root out error, strangling it in its own contradictions so that truth may flourish. Most of those designated great by their inclusion in 15 Great [...]
1Aug2000 | Robert Batemarco | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
