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Carl Menger: A Biographical Appreciation by Friedrich von Wieser

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Friedrich von Wieser (1851-1926) was one of the leading contributors in the “second generation” of the Austrian School of Economics. This memorial appreciation of Carl Menger, the founder of the Austrian School, was published in German not long after Menger’s passing in 1921. Wieser explains the state of economics before Menger’s writings on economic theory, the lasting importance ...

Asking the Wrong Question about Marijuana

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Baltimore State’s Attorney Marilyn Mosby recently announced that her office will no longer prosecute any marijuana possession cases “because prosecuting these cases no public safety value, disproportionately impacts communities of color and erodes public trust, and is a costly and counterproductive use of limited resources.” “We need to get serious about prioritizing what actually makes us ...