famous austrians

  “She needed no invitation, she came and went when she felt like it. She was Viennese born and educated … highly intelligent, practical minded, and …good looking… and no one ever asked her in vain for help or assistance.” Margit von Mises (1896-1993)   The women who shaped Mises’ Vienna Seminar Even before women […]

  “Politicians or bureaucrats are no different from the rest of us. They will maximize their incentives just like everybody else.” James M. Buchanan   It is 2026, and let us not forget one of the most seminal minds of our times, we should briefly recall the groundbreaking works of James M. Buchanan (1919-2013) who […]

  “In the building practices of ancient Rome, when scaffolding was removed from a completed Roman arch, the Roman engineer stood beneath. If the arch came crashing down, he was the first to know. Thus his concern for the quality of the arch was intensely personal, and it is not surprising that so many Roman […]

  “Der Zustand des Wettbewerbes ist dadurch gekennzeichnet, dass der einzelneKäufer oder Verkäufer den Marktpreis nicht merklich beeinflussen kann, sondernmitdem PreisalsmiteinergegebenenGrösserechnen muss. Wolltesich der einzelneVerkaufswerbervomMarktefernhalten, um einePreissteigerungherbeizuführen, so würde er sich hierdurch vom Tausch ausschliessen.” Franz Xaver Weiss   Franz Xaver Weiss’ list of publications is distinctly shorter and his international repute much less when […]

  “She is a very competent theoretical economist and also very good in applied economics. She was working at the Austrian Institute for Trade Cycle Research under Dr. Morgenstern, and I know that he was very pleased with her work and would be willing to give her good recommendations”. Gerhard Tintner (1907-1983) Although relatively little […]