About the Mises Institute of Canada
The Ludwig Von Mises institute of Canada was founded in November of 2010 in order to spread the teachings of the Austrian School of Economics to Canada.
It has been 80 years since the beginning of what later became known as the “great depression”. As a reaction to this global crisis, the Canadian Government of the time decided on a path of intervention into society and the economy that had been sweeping the developed world.
A quote from R.B. Bennett (Conservative PM of Canada, August 7, 1930Â â€“Â October 23, 1935) with his own Canadian take on the New Deal
“In my mind reform means government intervention. It means government control and regulation. It means the end of Laissez-faire …. I summon the power of the state to its support”
It is the mission of the Mises Institute of Canada to educate the public to 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.
“Austrian” economics owes its name to the historic fact that it was founded and first elaborated by three Austrians-Carl Menger (1840â€“1921), Friedrich von Wieser (1851â€“1926), and Eugen von BÃ¶hm-Bawerk (1851-1914). The latter two built upon Menger, though BÃ¶hm-Bawerk, in particular, made important additional contributions.
The Institute is named after one of the most notable economists and social philosophers of the twentieth century Ludwig von Mises (1881â€“1973). In the course of a long and highly productive life, von Mises developed an integrated, deductÂive science of economics based on the fundamental axiom that inÂdividual human beings act purposively to achieve desired goals. Even though his economic analysis itself was â€œvalue-freeâ€ â€” in the sense of being irrelevant to values held by economists â€” 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.
Who is the Mises institute of Canada?
Redmond Weissenberger, Director
Redmond is a Founding Director of the Ludwig von Mises Institute of 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 Â architectural firm involved with projects such as Norman Fosterâ€™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 the LvMIC in 2010 to address the lack of knowledge about the true cause of ourÂ 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.
Paul Szczesny, Director
Chris Horlacher, Director
Chris is a practicing Chartered Accountant providing management and project consulting services to large and mid-sized companies.Â 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.Â After leaving Deloitte he worked with Euro Pacific Canada Inc. as the Chief Financial Officer during their start up period.Â As a private consultant and accountant, Chris continues to provide his financial, accounting and management expertise to individuals and companies.
The 2008 Ron Paul presidential campaign first brought the teachings of the Austrian School to Chris’s attention.Â 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.Â Chris began assisting Mises Canada during the early development 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.
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