))
10. Birth, Decline, and Rebirth of the Second Mises Revolution
Manage episode 310989516 series 3079618
Content provided by Mises Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mises Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Birth: By the late 1940s, Mises was recognized in libertarian centers, but overnight in 1949 he became a central intellectual figure by his publication of Human Action. Leonard Read and FEE became devoted Misesians, along with Hans Sennholz and Murray Rothbard. In 1953 a new edition of The Theory of Money and Credit dealt with monetary reform including a gold standard.
Decline: From 1960 to the late 1980s. The followers of Mises were too young to take of leadership roles. The emergence of a so-called conservative movement like The National Review drew support away. Finally, the divisions within the Circle Bastiat between Randians and Rothbard dissipated energies. This decline benefited the Chicago School of Economics.
Rebirth: Hayek received the Nobel Prize in 1974 for his business cycle theory. South Royalton Conference occurred in 1974 on Austrian Economics. Most importantly, Mises Institute was established in 1982.
Lecture 10 of 10 from The Life, Times, and Work of Ludwig von Mises, a George and Joele Eddy Seminar.
10 episoade
Distribuie
