About the Mises Institute of Canada
The Ludwig Von Mises institute of Canada (“Mises Canada”) was founded in November of 2010 in order to spread the teachings of the Austrian School of Economics to Canada. It is an independent organization making up one of the many Mises Institutes now operating in over 20 countries.
It is the mission of Mises Canada to educate the public on the importance of placing human choice at the center of economic theory, to encourage a revival of critical historical research, and to advance the Misesian tradition of thought through the defense of the market economy, private property, sound money, and peaceful international relations.
In a speech given on January 2, 1935, Prime Minister Bennet spoke of his then-radical plan to solve the Great Depression and declared:
”…reform means Government intervention. It means Government control and regulation. It means the end of laissez faire. Reform heralds certain recovery. There can be no permanent recovery without reform. Reform or no reform! I raise that issue squarely. I nail the flag of progress to the masthead. I summon the power of the State to its support.”
It has been nearly 80 years since that speech and State intervention now penetrates in to nearly every aspect of Canadian life, carrying with it the hardships predicted in detail by Austrian Economics. ”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 Bohm-Bawerk (1851-1914). The latter two built upon Menger, though Bohm-Bawerk, in particular, made important additional contributions.
Mises Canada is named after one of the most notable economists and social philosophers of the twentieth century Ludwig von Mises (1881-1973). In the course of a long and highly productive life, Mises developed an integrated, deductive science of economics based on the fundamental axiom that individual human beings act purposely to achieve desired goals. Even though his economic analysis itself was “value-free” in the sense of being irrelevant to values held by economists – Mises concluded that the only viable economic policy for the human race was a policy of unrestricted laissez-faire, of free markets and the unhampered exercise of the right of private property, with government strictly limited to the defense of person and property within its territorial area.
Board of Directors
Chairman, Executive Director
Redmond is a Founding Director of Mises Canada, the centre for the study of the Austrian School of Economics within Canada.
While studying fine art at the Ontario College of Art and Design, Redmond read Adam Smith’s Wealth of Nations, beginning his study of economics that culminated in the discovery of the Austrian School. After graduation Redmond spent 7 years as an industrial designer, working for a company involved in manufacturing residential lighting in China for sale in North America, and then a boutique design/build architectural firm involved with projects such as Norman Foster’s Bow skyscraper in Calgary, Alberta.
The effects of the US housing bubble and central bank monetary policy were deeply felt in these sectors, and the Austrian School provided the answers to questions he had about the business cycle. Redmond Founded Mises Canada in 2010 to address the lack of knowledge about the true cause of our booms and busts of the last 100 years and the need for sound money and sound economics to be applied to the Canadian and global economy.
Chris is a practicing Chartered Accountant providing management and project consulting services to large and mid-sized companies. He was an Assistant Manager at Deloitte & Touche LLP in the audit and assurance services division working with numerous Fortune 500 companies, pension funds and mid-sized businesses. After leaving Deloitte he worked with Euro Pacific Canada Inc. as the Chief Financial Officer during their startup phase. As a private consultant and accountant Chris has aided in restructuring and improving the operational efficiencies of large organizations, launched insurance companies and continues to provide his financial, accounting and project management expertise to financial institutions and other organizations.
The 2008 Ron Paul presidential campaign first brought the teachings of the Austrian School to Chris’s attention. After the bursting of the housing bubble he began studying their theories in depth and this has shaped his approach to finance and business administration ever since. Chris began assisting Mises Canada during the early startup phase and was later voted on to the Board of Directors due to his commitment and expertise in the areas of finance, accounting and Austrian economic theory.
Walter Block earned his PhD in Economics at Columbia University. He is an author, editor, and co-editor of many books that include Defending the Undefendable; Labor Economics from a Free Market Perspective, Lexicon of Economic Thought, Economic Freedom of the World 1975-1995; Rent Control: Myths and Realities; Discrimination, Affirmative Action, and Equal Opportunity; Theology, Third Word Development and Economic Justice; Man, Economy, and Liberty: Essays in Honor of Murray N. Rothbard; Religion, Econonomics, and Social Thought; and Economic Freedom: Toward a Theory of Measurement.
Dr. Block has written more than 500 articles for various non-refereed journals, magazines and newspapers, and is a contributor to such journals as The Review of Austrian Economics, Journal of Libertarian Studies, The Journal of Labor Economics, Cultural Dynamics, and the Quarterly Journal of Austrian Economics. He is currently a professor and chair of economics, college of business administration, at Loyola University.
Douglas French writes for Casey Research, Laissez Faire, and other publications. He is the author of three books Early Speculative Bubbles, Walk Away, and The Failure of Common Knowledge. After a banking career of 22 years, French served as president of the Ludwig von Mises Institute in Auburn, Alabama for three years.
French earned a Masters in Economics from the University of Nevada Las Vegas in 1992, studying under the direction of Murray Rothbard, who was his thesis advisor, and Hans Hermann-Hoppe who served on his committee. His Austrian analysis of Tulipmania has been cited in a number of books and articles.
Mr. French has had articles published in the Quarterly Journal of Austrian Economics and History of Economic Ideas. He contributed chapters to Hayek: A Collaborative Biography Part 1: Influences, from Mises to Bartley published in May 2013 by Palgrave, and to The Fed at One Hundred: A Critical Review of the Federal Reserve System to be published by Springer in 2014.
Chairman, Sprott Inc.
Eric is the Chief Executive Officer and Senior Portfolio Manager of Sprott Asset Management LP and Chairman of Sprott Inc., is a renowned and respected leader in the investment community, one of the world’s premiere gold and silver investors, and an expert in the precious metals industry.
He has accumulated over 40 years of experience in the investment industry. After earning his designation as a chartered accountant, Mr. Sprott entered the investment industry as a research analyst at Merrill Lynch and Company Inc. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada’s largest independently owned institutional brokerage firms. After establishing Sprott Asset Management LP. in December 2001 as a separate entity, Mr. Sprott divested his entire ownership of Sprott Securities to its employees.
Academic Vice President
Dr. David Howden is professor of economics, and Chair of the department of business and economics at St. Louis University, at its Madrid Campus. He is the author or editor of several books including Deep Freeze: Iceland’s Economic Collapse (2011, with Philipp Bagus), and Institutions in Crisis: European Perspectives on the Recession (2011). He is also author or co-author of dozens of refereed academic articles, comments and book reviews in journals such as European Journal of Law and Economics, Review of Austrian Economics, Quarterly Journal of Austrian Economics, Journal of Business Ethics, The American Journal of Economics and Sociology, Business and Society Review, and Economic Affairs, among others. Dr. Howden is the founding editor of the Journal of Prices and Markets, published by Mises Canada.
James E. Miller
James holds a B.S. in Public Administration from Shippensburg University and currently works as a copywriter in Washington D.C. His work has been published in outlets such as Zero Hedge, Mises.org, LewRockwell.com, Taki’s Magazine, and his hometown newspaper the Press and Journal.
James first discovered the Austrian school of economics in a philosophy club on his college campus. A fervent leftist prior, the overwhelming logic of thinkers such as F.A. Hayek, Ludwig von Mises, Murray Rothbard, and Henry Hazlitt was far too convincing. Upon graduation, he thought it best to pursue a career in writing rather than become a bureaucrat. In the spring of 2012, he joined the Ludwig von Mises Institute of Canada as editor.
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