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The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a nonprofit think tank headquartered in Auburn, Alabama, that is a center for Austrian economics, right-wing libertarian thought and the paleolibertarian and anarcho-capitalist movements in the United States.
Mises argued that economics is a branch of praxeology, which studies the implications of the fact that individuals act purposefully. [101] Mises maintained that economic laws are derived from the self-evident axiom [102] that humans engage in purposeful behavior to achieve desired ends.
Marxist computer programmer Paul Cockshott argues that economic calculation is possible within a socialist state as long as computational devices are used. In "Towards a New Socialism's "Information and Economics: A Critique of Hayek" and "Against Mises", he argues that central planning is simplified by the use of computers in calculating the component of price not accounted for by Marxian ...
Austrian Economics Newsletter is a newsletter that was published quarterly by the Ludwig von Mises Institute until Winter 2003. It was established in the Fall of 1977 and published by the Center for Libertarian Studies , but moved to the Mises Institute in 1984.
In his Introduction, Mises argues that economics emerged as a science when a regularity in the sequence and interdependence of market phenomena was discovered.He notes the challenges faced by economics as a new science, particularly in being accepted as a legitimate branch of knowledge, and discusses various schools of thought that rejected the achievements of economic thought.
The socialist calculation debate, sometimes known as the economic calculation debate, was a discourse on the subject of how a socialist economy would perform economic calculation given the absence of the law of value, money, financial prices for capital goods and private ownership of the means of production.
Thomas James DiLorenzo (/ d i l ə ˈ r ɛ n z oʊ /; born August 8, 1954) is an American author and former university economics professor who is the President of the Ludwig von Mises Institute. [ 2 ] [ 3 ] He has written books denouncing President Abraham Lincoln and is well known among economists for his work chronicling the history of ...
The Mises Institute, short name for Ludwig von Mises Institute for Austrian Economics (LvMI), is a right-libertarian academic organization based in Auburn, Alabama and engaged in research and scholarship in the fields of economics, philosophy and political economy. Its scholarship is inspired by the work of Austrian School economist Ludwig von ...