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Journal Of Libertarian Studies
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. It is named after the economist Ludwig von Mises (1881–1973) and promotes the Misesian version of heterodox Austrian economics. The Mises Institute was founded in 1982 by Lew Rockwell, chief of staff to Texas Republican Congressman Ron Paul. Early supporters of the institute included economist F. A. Hayek, writer Henry Hazlitt, economist Murray Rothbard, Ron Paul, and libertarian coin dealer Burt Blumert. History The Mises Institute was founded in 1982 by Lew Rockwell, who was chief of staff to Texas Republican Congressman Ron Paul; previously Rockwell had been editor for the conservative Arlington House Publishers and had worked for the far-right John Birch Society and the tradi ...
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Mises Caucus
The Libertarian Party Mises Caucus (LPMC) is a caucus within the Libertarian Party (United States), Libertarian Party in the United States that promotes paleolibertarianism, fusionism, as well as a more conservative version of American libertarianism associated with the presidential campaigns of former U.S. congressman Ron Paul. It was founded in 2017 by Michael Heise, mainly in opposition to Nicholas Sarwark's position as Libertarian National Committee, party chairman and the Libertarian Party (United States)#"Radicalism" vs. "pragmatism" debate, pragmatic faction of the party associated with the presidential campaigns of former New Mexico Governor Gary Johnson. It is named after economist Ludwig von Mises. The caucus has support of some prominent libertarians, such as comedian Dave Smith (comedian), Dave Smith, political commentator Tom Woods, and radio host Scott Horton (radio host), Scott Horton. Ron Paul once called the caucus "the libertarian wing of the Libertarian Party. ...
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Nonprofit
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ...
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Burton Blumert
Burton S. Blumert (; February 11, 1929 – March 30, 2009) was the president of the Center for Libertarian Studies in Burlingame, California, co-founder and chairman of the Mises Institute, and the publisher of LewRockwell.com. In a career that spanned almost 50 years until his retirement in 2008, he bought and sold precious metals as the proprietor of Camino Coin Company. Background Educated at New York University, Blumert had a series of draft deferments and then enlisted in the United States Air Force during the Korean War era.Rockwell, Llewellyn H., Jr. "Foreword to ''Bagels, Barry Bonds, and Rotten Politicians''." ''LewRockwell.com''. 200/ref> From 1959 until 2008, Blumert operated the Camino Coin Company, dealing in bullion and coins. Upon retirement he gave the company to a long-time employee.Baedeker, Rob. "The gold standard: A precious metal that's not just an investment but a worldview too." ''SFGate.com'' 25 February 2008/ref> After retiring, Blumert remained an activ ...
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Murray Rothbard
Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School,Ronald Hamowy, ed., 2008, The Encyclopedia of Libertarianism', Cato Institute, Sage, , p. 62: "a leading economist of the Austrian school"; pp. 11, 365, 458: "Austrian economist". Economic history, economic historian, Political philosophy, political theorist, and Activism, activist. Rothbard was a central figure in the 20th-century American libertarian movement, particularly its Right-libertarianism, right-wing strands, and was a founder and leading theoretician of anarcho-capitalism (as termed by Rothbard; but later opposing the 'anarchism' label on both etymological and historical grounds).Rothbard, Murray (1950s)"Are Libertarians 'Anarchists'?"/ref> He wrote over twenty books on political theory, history, economics, and other subjects. Rothbard argued that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by ...
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Henry Hazlitt
Henry Stuart Hazlitt (; November 28, 1894 – July 9, 1993) was an American journalist, economist, and philosopher known for his advocacy of free markets and classical liberal principles. Over a career spanning more than seven decades, Hazlitt wrote extensively on business, economics, and public policy for prominent publications, including ''The Wall Street Journal'', ''The Nation'', '' The American Mercury'', ''Newsweek'', and ''The New York Times''. He is best known for his 1946 book, '' Economics in One Lesson'', a work grounded in the Austrian school of economics and the importance of individual liberty in economic decision-making. Hazlitt was a strong proponent of sound monetary policy and a vocal critic of inflationary practices and government intervention in markets. As a defender of free enterprise, he drew on the ideas of economists such as Ludwig von Mises and Friedrich Hayek, helping popularize their theories for a general audience. Beyond economics, Hazlitt con ...
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Friedrich Hayek
Friedrich August von Hayek (8 May 1899 – 23 March 1992) was an Austrian-born British academic and philosopher. He is known for his contributions to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how prices communicate information is widely regarded as an important contribution to economics that led to him receiving the prize. He was a major contributor to the Austrian school of economics. During his teenage years, Hayek fought in World War I. He later said this experience, coupled with his desire to help avoid the mistakes that led to the war, drew him into economics. He earned doctoral degrees in law in 1921 and political studies in 1923 from the University of Vienna. He subsequently lived and worked in Austria, Great Britain, the United Sta ...
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Ron Paul
Ronald Ernest Paul (born August 20, 1935) is an American author, activist, and politician who served as the U.S. representative for Texas's 22nd congressional district from 1976 to 1977, and again from 1979 to 1985, as well as for Texas's 14th congressional district from 1997 to 2013. On three occasions, he sought the presidency of the United States, first as the Libertarian Party nominee in 1988, and then as a candidate for the Republican Party in 2008 and 2012. A self-described constitutionalist, Paul is a critic of several of the federal government's policies, especially the existence of the Federal Reserve and tax policy, as well as the military–industrial complex, the war on drugs, and the war on terror. He has also been a vocal critic of mass surveillance policies such as the Patriot Act and the NSA surveillance programs. In 1976, Paul formed the Foundation for Rational Economics and Education (FREE), and in 1985 was named the first chairman of the cons ...
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Heterodox Economics
Heterodox economics is a broad, relative term referring to schools of economic thought which are not commonly perceived as belonging to mainstream economics. There is no absolute definition of what constitutes heterodox economic thought, as it is defined in contrast to the most prominent, influential or popular schools of thought in a given time and place.Dequench, David (2007) "Neoclassical, mainstream, orthodox, and heterodox economics", ''Journal of Post Keynesian Economics'', 30 (2), 279-30/ref> Groups typically classed as heterodox in current discourse include the Austrian school of economics, Austrian, Ecological economics, ecological, Marxian economics, Marxist-Historical school of economics, historical, Post-Keynesian economics, post-Keynesian, and modern monetary theory, modern monetary approaches.Frederic S. Lee, 2008. "heterodox economics," ''The New Palgrave Dictionary of Economics'', 2nd Edition, v. 4, pp. 2–65Abstract. Four frames of analysis have been highlight ...
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Ludwig Von Mises
Ludwig Heinrich Edler von Mises (; ; September 29, 1881 – October 10, 1973) was an Austrian-American political economist and philosopher of the Austrian school. Mises wrote and lectured extensively on the social contributions of classical liberalism and the central role of consumers in a market economy. He is best known for his work in praxeology, particularly for studies comparing communism and capitalism, as well as for being a defender of classical liberalismHayek, Friedrich A. "Introduction". In ''Socialism: An Economic and Sociological Analysis'', by Ludwig von Mises. London: Jonathan Cape, 1936. in the face of rising illiberalism and authoritarianism throughout much of Europe during the 20th century. In 1940, Mises emigrated from Austria to the United States to escape the Nazis. On the day German forces entered Vienna, they raided his apartment, confiscating his papers and library, which were believed lost or destroyed until rediscovered decades later in Soviet archive ...
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Anarcho-capitalist
Anarcho-capitalism (colloquially: ancap or an-cap) is a political philosophy and economic theory that advocates for the abolition of Sovereign state, centralized states in favor of Stateless society, stateless societies, where systems of private property are enforced by private agencies. Anarcho-capitalists argue that society can self-regulate and civilize through the voluntary exchange of goods and services. This would ideally result in a voluntary society based on concepts such as the non-aggression principle, free markets and self-ownership. In the absence of statute, private defence agencies and/or insurance companies would operate competitively in a market and fulfill the roles of courts and the police, similar to a state apparatus. Some anarcho-capitalist philosophies understand control of private property as part of the self, and some permit voluntary slavery. The vast majority of anarcho‑capitalists deny this, and critics of capitalism argue that this minority opi ...
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Paleolibertarian
Paleolibertarianism (also known as the "Paleo strategy") is a right-libertarian political activism strategy aimed at uniting libertarians and paleoconservatives. It was developed by American anarcho-capitalist theorists Murray Rothbard and Lew Rockwell in the American political context after the end of the Cold War. From 1989 to 1995, they sought to communicate libertarian notions of opposition to government intervention by using messages accessible to the working class and middle class people of the time. They combined libertarian free market views with the cultural conservatism of paleoconservatism, while also opposing protectionism. The strategy also embraced the paleoconservative reverence for tradition and religion. This approach, usually identified as right-wing populism, was intended to radicalize citizens against the state.«The word "paleolibertarian" was mine too, and the purpose was to recapture the political edge and intellectual rigor and radicalism of the pre-war ...
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