famous austrians

  I set out to become the greatest lover in Vienna, the greatest horseman in Austria, and the greatest economist in the world. Alas, for the illusions of youth: as a horseman, I was never really first-rate. Joseph A. Schumpeter   Take Away Joseph A. Schumpeter is considered one of the most influential social scholars […]

  If it is the rule of the game that two persons may dispossess a third who must submit to being dispossessed, the rule is unjust. Anthony de Jasay Take Away Based on a solid epistemology, the main aim of Anthony de Jasay’s philosophical work was to reformulate political and economic liberalism. His writings offer […]

On the ‘useless preachings’ of a great liberal thinker. by Raffaele De Mucci (LUISS)   The purpose of this contribution is theoretical rather than historiographical. It aims to offer a reconstruction of some key aspects of Luigi Einaudi’s liberal thought, particularly those that are most relevant to understand Einaudi’s positioning regarding the “great divide” between […]

  Nobody can be a great economist who is only an economist – and I am even tempted to add that the economist who is only an economist is likely to become a nuisance if not a positive danger. F.A. von Hayek   TAKE AWAY Nobel Laureate Friedrich A. von Hayek was arguably the most seminal […]

  All the new criticisms of capitalism are old ones repackaged as stunning new insights. Robert Hessen Take Away Robert (Bob) Hessen gehörte neben Leonard P. Liggio, Murray M. Rothbard oder Isreal M. Kirzner zur 5. Generation der Austrian School of Economics, die im Wesentlichen in den USA wirkt und wirkte. Nach seinem Ph.D. in […]