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Hayek’s “Rejuvenating Event”

Monday, October 20th, 2014 by posted in Economics, Education, History.

Reprinted from The Freeman Swedish socialist Gunnar Myrdal was not happy about sharing his Nobel Prize with that Austrian “reactionary,” F.A. Hayek. The so-called Nobel for economics, established by the central bank of the world’s leading welfare state, was only five years

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Ludwig von Mises: Defender of Capitalism

Monday, September 29th, 2014 by posted in Capitalism, Economics, History.
MisesLibrary (2) teaser

Editor note: Today commemorates the 133rd birthday of Ludwig von Mises. September 29, 2014 is the one-hundred-and-thirty-third anniversary of the birth of Ludwig von Mises, economist and social philosopher, who passed away in 1973. Mises was my teacher and mentor

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Hegel and the Romantic Age

Tuesday, September 16th, 2014 by posted in History.
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This article is excerpted from volume 2, chapter 11 of An Austrian Perspective on the History of Economic Thought (1995) G.W.F. Hegel, unfortunately, was not a bizarre aberrant force in European thought. He was only one, if the most influential and the

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Piketty’s Capital: Wrong Theory Destructive Program

Monday, August 25th, 2014 by posted in Capitalism, Economics, History.

This essay is available for sale as a Kindle book on Amazon.com for 99¢. Go to http://amzn.to/1nsDDLP.   Prelude to Piketty: The US Government’s Assault on the American Economic System Over the course of several generations, the US government has

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World War One and the End of the Bourgeois Century

Wednesday, August 20th, 2014 by posted in Capitalism, Civil Liberties, Economics, History.

Reprinted from Mises.org Last week (two weeks ago – ed. note) marked the 100 Anniversary of the beginning of World War I. That war, which produced over 37 million casualties, not counting the related famines and epidemics that came in the

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Argentina – the Economic Backdrop to the Default

Tuesday, August 19th, 2014 by posted in Capitalism, History.

Reprinted from Acting-Man.com The Default is a Minor Problem – Argentina’s Real Problem is Something Else Entirely By now it is well known that Argentina has been declared in default by the major credit rating agencies. This has happened in

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Mrs. Thatcher’s Poll Tax

Friday, August 15th, 2014 by posted in Capitalism, History, Politics.
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[This article is featured in chapter 62 of Making Economic Sense by Murray Rothbard and originally appeared in the June, 1990 edition of The Free Market] Riots in the streets; protest against a hated government; cops arresting protesters. A familiar story these days.

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The State’s Worst Atrocity

Wednesday, August 13th, 2014 by posted in Capitalism, Foreign Policy, History.
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Reprinted from LewRockwell.com “The lamps are going out all over Europe,” Sir Edward Grey famously said on the eve of World War I. “We shall not see them lit again in our lifetime.” It was 100 years ago this week

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The Greatest Thinker You’ve Never Read: Ludwig von Mises

Monday, August 11th, 2014 by posted in Economics, History, Philosophy.
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Reprinted from Forbes Had he not passed away at the tender age of 92 in 1973, Ludwig von Mises would have turned 131 years old today. In my humble opinion, he was the greatest social thinker of the twentieth century.

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Raw Communism

Wednesday, July 30th, 2014 by posted in Economics, History, Philosophy.
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[This article is excerpted from volume 2, chapter 10 of An Austrian Perspective on the History of Economic Thought (1995). An MP3 audio file of this chapter, narrated by Jeff Riggenbach, isavailable for download.] Reprinted from Mises.org Another important reason for Marx’s

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The Truth About Che Guevara

Monday, July 28th, 2014 by posted in History.
The Truth About Che Guevara

The real truth behind one of the most controversial, charismatic and popular rebels of the twentieth century.

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Bastiat the Great

Thursday, July 24th, 2014 by posted in Economics, Education, History.
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This article originally appeared as the introduction to Bastiat’s Economic Sophisms (FEE, 1962). Reprinted from Mises.org Frédéric Bastiat was born at Bayonne, France, on June 29, 1801. His father was a wholesale merchant, but Frédéric was orphaned at the age of nine and

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The Decline of Influence

Tuesday, July 22nd, 2014 by posted in Foreign Policy, History, Philosophy.
Mideast Iraq Violence

The world is seemingly aflame in chaos right now. The Israeli military has invaded the Gaza strip after the breaking of an 18-month cease-fire agreement. Which side broke the accord is still an open question. A commercial airliner was shot


The Suicide of Communism: The Case for Patience

Friday, July 18th, 2014 by posted in Economics, History.
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Reprinted from GaryNorth.com At the age of 72, I look back at my life, and I ask a question: “What was the most significant event of my lifetime?” I go back and forth between two events, but in fact they

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The Treaty That Wall Street Wrote

Wednesday, July 16th, 2014 by posted in Banking, Capitalism, History, Politics.
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[From Inquiry (1977); reprinted in Wall Street, Banks, and American Foreign Policy (1995).] Reprinted from Mises.org The Panama Canal question has already established itself as the hottest political issue for the coming year. Ronald Reagan, who almost rode to the Republican nomination last year on

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The Power and Glory of M&Ms

Tuesday, July 15th, 2014 by posted in Capitalism, Economics, History.
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Reprinted from Liberty.me When we think of America’s greatest achievements — Hollywood, jazz, TexMex — we too often leave out what the 21st century may eventually reveal to be the greatest of all: M&M candies. How many times have you


The Rebirth of Austrian Economics

Wednesday, July 9th, 2014 by posted in Economics, History, Philosophy.
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Reprinted from Liberty.me Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important? Because the economists


A New Natural Law

Monday, June 23rd, 2014 by posted in History, Law, Philosophy.

I’m often given the opportunity to speak to young interns about liberty and economics. These discussions cover a whole range of topics including anti-trust laws, private police, anti-discrimination legislation, and national defense. On some occasions, I give them Bryan Caplan’s

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The Rise of Capitalism

Thursday, June 19th, 2014 by posted in Capitalism, History.
industrial_revolution teaser

[Liberty & Property (2009)] Reprinted from Mises.org The precapitalistic system of product was restrictive. Its historical basis was military conquest. The victorious kings had given the land to their paladins. These aristocrats were lords in the literal meaning of the word,

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The New Totalitarianism

Thursday, June 12th, 2014 by posted in History, Politics.
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Reprinted from LewRockwell.com Regular readers of LRC are no doubt familiar with the criticisms of Marxism to be found within the classical liberal, traditional conservative and modern libertarian intellectual traditions. However, I come from another tradition that contains within itself those thinkers

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