Kurt R. Leube

  There is no art which one government sooner learns of another than that of draining money from the pockets of the people. Adam Smith Today Adam Smith’s reputation rests on his explanation of how rational self-interest in a free-market economy leads to economic well-being. It may surprise those who would discount Smith as an […]

I Soon after “Maggie” Thatcher was elected leader of the British Conservative Party in 1975, she impatiently interrupted the previous speaker in an important political strategy discussion, slammed F.A. von Hayek’s book The Constitution of Liberty on the table and made it clear to the assembled party leadership that this work was her economic and […]

The Fable of the Bees: Private Vices, Publick Benefits. Ein paar Bemerkungen zum 290. Todesjahr von Bernard de Mandeville.   The worst of all the multitude did something for the common good. Bernard de Mandeville (1670-1733)  I Über Persönlichkeit und Charakter Bernard de Mandeville’s ist trotz seiner Berühmheit relativ wenig bekannt. Es git jedoch weitgehend als […]

It is 2023, and lest we forget one of the most seminal minds of our times, we should briefly recall the important life and work of James McGill Buchanan who died 10 years ago on January 9, 2013. Buchanan belonged to that long past generation of American social scientists whose extensive work arose from the […]

  Socialism has been a great tragedy this century… It turns out, of course, that Mises was right”. Robert Heibronner (September 1990)[1]   Die Tatsache, dass es doch bis 1922 dauern musste, bis die Unmöglichkeit der Wirtschaftsrechnung im und das unvermeidliche Versagen des Sozialismus durch Ludwig von Mises‘ zweifelsfrei bewiesen wurde, wirft kein gutes Licht […]