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Ludwig von Mises

One of the most notable economists and social philosophers of the twentieth century, Ludwig von Mises, in the course of a long and highly productive life, developed an integrated, deduct­ive science of economics based on the fundamental axiom that in­dividual human beings act purposively to achieve desired goals. Even though his economic analysis itself was “value-free” — in the sense of being irrelevant to values held by economists — Mises concluded that the only viable economic policy for the human race was a policy of unrestricted laissez-faire, of free markets and the unhampered exercise of the right of private property, with government strictly limited to the defense of person and property within its territorial area.

War Is No Excuse for Socialist Planning The Freeman
War Is No Excuse for Socialist Planning
After the fall of the Soviet Union, just about everybody agreed that full-blown central planning was a bad way to produce food, cars, and television sets. However, people still seem to have a soft spot for planning when it comes to a “war economy.” 
The Inevitable Chinese Stock Market Crash Anything Peaceful
The Inevitable Chinese Stock Market Crash
You can drug an economy for only so long. When the injections stop, the withdrawal symptoms take over. 
Why Ludwig von Mises Admired Sigmund Freud The Freeman
Why Ludwig von Mises Admired Sigmund Freud
The humanitarian implications of the possibility of pathologies of the mind are profound.
Why Read Adam Smith Today? Articles
Why Read Adam Smith Today?

Adam Smith’s books did not lay the foundation stone, but the keystone, of a marvelous system of ideas. 

Carl Menger and the Austrian School of Economics Articles
Carl Menger and the Austrian School of Economics
 The work of Carl Menger and his friends has become the foundation of the entire modern science of economics.
In Defense of Private Property: Aristotle and Mises Anything Peaceful
In Defense of Private Property: Aristotle and Mises
The Greek and the Austrian both knew: Ownership and freedom are inseparable ideas.
Ex Machina and Human Action Anything Peaceful
Ex Machina and Human Action
Ex Machina is a lesson in the pervasiveness of economics in everything we do.
F.A. Hayek on Intellectual vs. Economic Freedom Anything Peaceful
F.A. Hayek on Intellectual vs. Economic Freedom
“Freedom of action, even in humble things, is as important as freedom of thought.”
Anything Peaceful
Senate Banking Committee Hires Austrian as Chief Economist
The committee appoints a bright young critic of central banking to a key post. 
Obamacare and Hayek's Crystal Anything Peaceful
Obamacare and Hayek's Crystal
Government planners make the fatal error of treating the spontaneous social order as if it were an organization.
Do Capitalists Own the Market? Anything Peaceful
Do Capitalists Own the Market?
Capitalists steer the ship, but consumers tell them where to go.
Mises: The Original Freakonomist Anything Peaceful
Mises: The Original Freakonomist
Economics is not confined to the "commercial" side of life;  it is the science of every kind of human action.
Is the "Austrian School" a Lie? Anything Peaceful
Is the "Austrian School" a Lie?
Are "Austrian" economists really part of the tradition of Menger and Mises?
Mises’s Century The Freeman
Mises’s Century
Ludwig von Mises’s intellectual path is one of transformation and discovery. He witnessed firsthand the failures of state power, war, and even democracy.
Liberty & Property Archives
Liberty & Property
Ludwig von Mises explains the development of the two fundamental pillars of progress, civilization, and every form of freedom. 
Sheldon Richman talks about Human Action Media
Sheldon Richman talks about Human Action

Sheldon Richman is interviewed about the importance of Ludwig von Mises' Human Action.

The Virtue of Market Inefficiency The Freeman
The Virtue of Market Inefficiency

Freeman readers know markets excel at creating new efficiencies and improving everyone’s lives in the process. The inefficiencies they create might be even more interesting, says Sandy Ikeda.

Methodological Individualism The Freeman
Methodological Individualism

“The hangman, not the state, executes a criminal.” Ludwig von Mises’s insight into the source of human action contains a world of wisdom, says Warren Gibson.

Rothbard’s Man, Economy, and State at 50 The Freeman
Rothbard’s Man, Economy, and State at 50

This year marks the 50th anniversary of the 1962 publication of Murray Rothbard’s grand treatise, Man, Economy, and State (MES). I was humbled when asked to write an appreciation of this indispensable work of Austrian economics.

On <i>Human Action</i> The Freeman
On <i>Human Action</i>
Human Action remains one of the great achievements in the social sciences and perhaps the single most important economic treatise of the twentieth century.
Capital Letters The Freeman
Capital Letters
The Need for Critical Thinking The Freeman
The Need for Critical Thinking
How Government Distorts Labor Markets The Freeman
How Government Distorts Labor Markets
Böhm-Bawerk for the Citizen Archives
Böhm-Bawerk for the Citizen
Protecting the Foundations of A Free Society Archives
Protecting the Foundations of A Free Society

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