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One day in 1927 Austrian economist, Ludwig von Mises, stood at the window of his office at the Vienna Chamber of Commerce, and looked out over the Ringstrasse (the main grand boulevard that encircles the center of Vienna). He said to his young friend and former student, Fritz Machlup, “Maybe grass will grow there, because our civilization will end.” He also wondered what would become of many of the Austrian School economists in Austria. He suggested to Machlup that, clearly, they would have to immigrate, perhaps, to Argentina, where they might find work in a Buenos Aires nightclub. Friedrich A. Hayek could be employed as the headwaiter, Mises said, while Machlup, no doubt, would be the nightclub’s resident gigolo. But what about Mises? He would have to look for work as the doorman, for what else, Mises asked, would he be qualified to do?
It is worth recalling that in the mid-1920s, Mises had warned of the rise of “national ...
If you have ever wanted an excuse to visit Charleston, South Carolina, one of the most beautiful cities in the United States, you have it now!
The Ron Paul Institute and The Future of Freedom Foundation are teaming up to present an exciting, timely, and critically important conference in Charleston — and during one of the best seasons of the year!
The conference will be held on Sunday, April 29, from 1-5 p.m., which will enable you to come in on Friday or Saturday and visit Fort Sumter and go on a legendary tour of Charleston’s historic homes in a horse-drawn carriage.
Four speakers: Former U.S. Congressman and GOP presidential candidate Ron Paul, Ron Paul Institute executive director Daniel McAdams, The Citadel’s BB&T Distinguished Professor of Ethics and Free Enterprise Leadership Richard Ebeling, and FFF founder and president Jacob Hornberger.
Place: Mills House Wyndham Grand Hotel, 115 Meeting St., Charleston, South Carolina.
Admission price: $5. Students: Free.
The theme of ...