Forerunners of the Austrian School: The French Liberal School
Forerunners of the Austrian School: The French Liberal School
The French Liberal School had been dominant through four generations because they were privately funded, but when the go... Read more
15 Dec 2018
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10. The Gold Standard in Theory and Myth
10. The Gold Standard in Theory and Myth
The mythology of gold really grew up with Keynes and the quantity theory. Here are six of those myths: the gold standard... Read more
11 Jun 2005
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9. Money and Gold in the 1920s and 1930s: Defending the Rothbardian Position
9. Money and Gold in the 1920s and 1930s: Defending the Rothbardian Position
Friedman’s book, Monetary History of the United States, tried to show the depression was caused by a deflation of the mo... Read more
10 Jun 2005
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8. The Debate on the Socialist Calculation Debate
8. The Debate on the Socialist Calculation Debate
The debate still continues. It is all about Mises’ initial article and then book on Socialism in 1922. He demonstrated t... Read more
10 Jun 2005
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7. The Political Economy of the Chicago School: Libertarian or Jacobin?
7. The Political Economy of the Chicago School: Libertarian or Jacobin?
The founder of the Chicago School, Frank Knight, was an avowed egalitarian. Rousseau was his influence. Jacobins believe... Read more
10 Jun 2005
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6. Keynes and the 'New Economics' of Fascism
6. Keynes and the 'New Economics' of Fascism
Monetary inflation is the key way to bring about economic fascism. Fascism was a spending, borrowing government, militar... Read more
9 Jun 2005
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4. The Theory of Monopoly Price: From Menger to Rothbard
4. The Theory of Monopoly Price: From Menger to Rothbard
Prior to Mises there had been nothing written on the theory of monopoly price. Mises felt there could be some limited ti... Read more
8 Jun 2005
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5. Modern Monetary Theory: The Austrian Contribution
5. Modern Monetary Theory: The Austrian Contribution
Monetary theory is where Austrians diverge the most from mainstream. Mises built a new taxonomy of money. He said money ... Read more
8 Jun 2005
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2. The Origin and Decline of the Austrian School: Menger, Böhm-Bawerk, and Wieser
2. The Origin and Decline of the Austrian School: Menger, Böhm-Bawerk, and Wieser
Where the classical economists had gone wrong was to speak of goods as if they were abstract classes. The Austrians note... Read more
7 Jun 2005
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3. The Revival of the Austrian School: Mises and Rothbard
3. The Revival of the Austrian School: Mises and Rothbard
There were reasons for the decline of the Austrian School before its revival and rebirth by Mises and Rothbard. There wa... Read more
7 Jun 2005
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