famous austrians

  All the new criticisms of capitalism are old ones repackaged as stunning new insights. Robert Hessen   Take Away Alongside Leonard P. Liggio, Murray M. Rothbard and Isreal M. Kirzner, Robert (Bob) Hessen belonged to the 5th generation of the Austrian School of Economics, which was mainly active in the USA. After receiving his […]

Vor 175 Jahren im Geiste des Liberalismus in Wien gegründet, wurde die Neue Freie Presse bald zu einem Sprachrohr der Österreichischen Schule.   Die glänzende Pflege ihres wissenschaftlichen Teiles hat mir die ‘Neue Freie Presse’ schlechthin uentbehrlich gemacht. Ich suchte, was ich brauchte und fand es. Eugen von Böhm-Bawerk (1914)    “Verzögerte Aufklärung” Während in […]

  In ökonomischer Hinsisicht ist jeder, der einen freien Beruf gewählt hat, Unternehmer. (From an economic point of view, anyone who has chosen a freelance profession is an entrepreneur) Martha St. Browne   Even if Martha Steffy Browne did not publish many books or lengthy scholarly essays, her book Theorie der staatlichen Wirtschaftspolitik (1929) was […]

On a few of F. A. v. Hayek’s activities prior, during and after WWII. Based on my conversations with F.A. von Hayek (1969-1991 and research in the Hoover Institution’s Archives (HIA), this short essay touches upon just a few of von Hayek’s many efforts to fight Nazism and to revive the tradition of the Austrian […]

  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 […]