Wars, conquest, mass killings, occupation, and plunder have plagued the world for all of recorded history. Primitive tribes fighting over waterholes and hunting grounds. Kings and princes claiming divine right to rule over all those they conquer and impose ...
To discuss the political economy of natural versus contrived inequalities requires some explanation of what is meant by “natural,” “contrived,” and “inequalities.” The use of the word “natural” has had a long, if sometimes controversial, history in economics over ...
In 1831, Sir Henry Parnell (1776–1842), a long-time chairman of the Financial Committee of the House of Commons, published On Financial Reform, in which he made the case for freedom of trade at a time when trade protectionism was ...
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When the English-language edition of Ludwig von Mises’s The Theory of Money and Credit was published 90 years ago, in 1934, the world was in the midst of the Great ...
In a Pew Foundation opinion survey report in September of 2022, it was found that only 46 percent of Democrats had a “positive” view of capitalism, down from 55 percent in 2019. On the other hand, 74 percent of ...
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When the second German-language edition of Ludwig von Mises’s The Theory of Money and Credit appeared 100 years ago, in 1924, it was less than a year since the great ...
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One hundred years ago, in 1924, the Austrian economist Ludwig von Mises issued a revised German-language edition of his 1912 book Theorie des Geldes und der ...
Eighty years ago, in March 1944, the British edition of Friedrich A. Hayek’s The Road to Serfdom was published. An American edition appeared six months later, in September 1944. During these eight decades, Hayek’s book has become a classic ...
Eighty years ago, on January 11, 1944, President Franklin D. Roosevelt delivered his Annual Message to Congress (now known as the State of the Union Address). Its significance arises from his call for a new Economic Bill of Rights ...
Fifty years ago, on October 10, 1973, one of the leading members of the Austrian School of Economics, Ludwig von Mises (1881–1973), passed away at the age of 92. There was little notice of Mises’s death in the mainstream ...
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