Even in an era when modern medicine and technologies are adding to people’s lifetimes, along with the gains in general human economic betterment, it still stands as a notable event when someone marks their 90th birthday. On February 13th, renowned “Aus …
In the heated and sometimes angry exchanges over the history of slavery and the place of liberalism in the great contest between freedom and bondage in the 19th century, we should appreciate how determined, dedicated, and publicly demanding were many of those classical liberal thinkers.
As the home of the Bastiat Society, the work of Frederic Bastiat is especially meaningful to AIER. As such, we were overjoyed to welcome David M. Hart, one of the world’s foremost scholars on Bastiat, to speak on the life and times of our favori …
All of Joseph Schumpeter’s writings are “a splendid excursion down the river of time, with good talk and magnificent vistas” – and as such he remains, in many ways, one of those timeless and uniquely thought-provoking contributors to economics.
If you approach the topic with a presumption that the Austrians were shilling for capital as understood in a Marxian-style dialectic, you miss the entire point of the school of thought and its contribution.
Now you own it. Learn from it. Return to it again and again. May it always be with us, widely circulated in every land and every language, forever.
Reading the source helps you find the root errors and not get buffeted about by fake arguments that turn up on the news daily. In general, this task just granted me more confidence in a similar way that reading the right-Hegelians did.
To the modern economist directly grappling with Marx’s economic theories remains a necessary step for pursuing informed and rigorous engagement with their unavoidable political progeny.