Carl Menger published Principles of Economics ([1871] 1976) 150 years ago in 1871, and he died 100 years ago in 1921 at the age of 81. Yet, what Joseph Schumpeter said of Menger after his death we could argue is still true today, “Menger is nobody's pupil and what he created stands”...

Carl Menger published his classic work Principles of Economics in 1871, that work is the founding text of what came known as the “Austrian School of Economics”. That label has now been used to describe a historical school of thought, as well as contemporary academic economists and public...

In 1919, in the wake of the Central Power’s defeat in World War I, Ludwig von Mises published his second book, Nation, State, and Economy. The book explores the consequences of war and the type of political and economic arrangements likely to generate a lasting peace in the future. This paper...

This paper explores the intellectual context of the Department of Economics at the London School of Economics and Political Science (LSE) during the 1930s. we will be focusing on the contributions of F.A. Hayek, along with Lionel Robbins, in fostering an intellectual environment for the...

While Antonio De Viti de Marco was a significant figure within the Italian School of Public Finance that flourished between 1880 and 1940, his theory of public finance also has great significance for contemporary theorizing. Where contemporary theory largely treats states as acting to modify...

This paper uses Alfred Marshall’s treatment of wants and activities and Francis Edgeworth’s treatment of utilitarian redistribution to re-examine what since the 19th century has been described as “the social question.” This comparative examination is prefaced by a distinction between...

Drawing inspiration from Ross Emmett's (2006) imaginative construction of what Frank Knight might have thought about the Stigler-Becker formulation of Die Gustibus, I ask what Arthur Lovejoy (1936) might have thought about the origin of public choice. He would surely have denied that public...

Henry Hazlitt was a public intellectual who had unusual strength in both economic reasoning and articulation and played a central role in communicating the ideas of classical or ‘orthodox’ economics to the general public. He occupied a unique position in the mid-20th century intellectual...

Karl Mittermaier (1938-2016) was a classical liberal economist at the University of Witwatersrand in Johannesburg. He completed a work in 1986 titled The Hand Behind the Invisible Hand: Dogmatic and Pragmatic Views on Free Markets and the State of Economic Theory, being published in 2020 for the...